GREY:CEQXF - Post by User
Comment by
Cardboard1on Aug 12, 2018 10:41am
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Post# 28446323
RE:FFO/ more thoughts
RE:FFO/ more thoughts
AECO actually seems to be getting better looking at 12 month strip at $1.81 on Friday and we didn't get the zero to negative spot that was feared all summer:
https://www.psac.ca/business/gmpfirstenergy/
This chart from EIA is also incredibly bullish. How are utilities going to build back up these inventories to reasonable level by winter time with LNG plants continuing to start-up in the U.S.?
https://ir.eia.gov/ngs/ngs.html
So what we essentially value at next to nothing or dry gas could turn into a nice gold mine comes fall-winter time.
Cardboard