OTCPK:CUUHF - Post by User
Post by
crow27on Mar 18, 2020 2:08pm
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Post# 30822580
Oil and Gas Will Be Cutting Back
Oil and Gas Will Be Cutting BackThey just have no choice and even cutting back is not going to save many companies. SOX does work for the Oil and Gas industry so It is not to much of a stretch to figure out that pain is coming.
Not as big a problem if you have no debt but in times like this debt is a huge anchor around any company.
Hopefully other sectors are picking up but reality is that things are shutting down and not going full bore.