Coiled spring could release any momentOil prices are high, and seem stable. Trump's tweets seem to have minimal impact. A year ago when oil was in the mid 60s, with a higher differential, BNE was around $13, and later rose to around $18.
If Kenney gets elected, I personally doubt he will cancel the rail car plan. I read that they were bound to the contract -and besides, the rail cars are needed imo. The economics are not there now, but an outlet needs to be available -Kenney knows this. I just think politically he needs to do the opposite of Notley, in order to appease his base.
Here at BNE we have great cash flow, the ability to pay down debt quickly, and a probable rise in the Divy in the future.
We have the CEO buying $527,000 worth of shares in the last week alone. When a CEO puts more skin in the game, that is a huge signal imo.
Like another poster said, when this thing takes off, which could happen anytime, it seems to me it will be a violent and sudden jolt upwards.