RE:RE:RE:Raymond James. C$2.30 PT Markets are forward looking. For Trican to be setting new 52-week highs after two of the worst quarters of OFS history tells you where smart money thinks oil and gas are going.
Don't forget, JKM LNG prics were at an all-time low only 6-months ago while today they are at an all time high and Asia can't get enough natural gas.
That is the consequence of lower prices for too long.
All the replenishing will be coming from Montney, Trican's stronghold.
My prediction is $5.42 in 2021 and much higher into 2022 and beyond. Cheers