RE:Goldman Sachs forecast WTI $49 21Q2, $56.5 Q2 and $60.5 Q4Combine those WTI numbers with the move up in Nat gas pricing and you can see where cash flow is heading (UP) . O&G drilling has been nonexistant for the past year , there is no drilled inventory of wells waiting to be turned on . The supply shock will be exposed once the cold weather really sets in , while there is gas in storage it will drop at an accelerated rate with this restricted wellhead supply . I believe inventory numbers will look considerably smaller by next May .
As I said this afternoon , just imagine where this share price will be in 6 months . $2.50 is not out of the question