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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Comment by EstevanOutsideron Nov 21, 2017 6:22pm
156 Views
Post# 27007364

RE:RE:RE:RE:Trican was 0.40 cents in 2016

RE:RE:RE:RE:Trican was 0.40 cents in 2016if this api draw #'s are confirmed tomorrow, i think it is a game changer going into the 30th of nov meeting with OPEC (assuming they extend the cuts.)  API reported a draw of 6.30m barrels, that is beyond huge for a bearish month in Nov. If EIA confirms at least half of that, I think it will be a catalyst for WTI to surpass $60 by the end of Nov, maybe even by the end of this week. We can only hope that transpires into good news for Newalta too; since their services are complimented by higher oil prices, it will inevitably improve their financials, but hopefully the shareprice too!
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