TSX:HSE.PR.B - Post by User
Comment by
RagingBull3on Mar 23, 2020 10:02pm
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Post# 30840187
RE:RE:RE:RE:RE:RE:RE:DIVIDEND
RE:RE:RE:RE:RE:RE:RE:DIVIDENDLogic would say that they would have frac them long ago when oil was $50-$60 if any profits could be made.
oilandgasmick wrote: Auto-- No arguments with your logic but the question is, does U.S. production fall quickly enough to save Canadian producers?
The frackers will pump every barrel they can if they can frac the DUCs and still make the smallest of profits--although even that is looking extremely unlikely.