EXPM:JNEXF - Post by User
Comment by
xCF033on Feb 09, 2021 4:31pm
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Post# 32516673
RE:Classic Pump and Dump (the new SHLE)
RE:Classic Pump and Dump (the new SHLE)You see Cuda, an E&P, as a frac sand player?
Cmon man... This is a producer under miscible flood that takes nat gas injects into a reservoir and gets oil. Not drilling wells using big fracs. SHLE is a services provider of frac sand that is facing all sorts of macro headwinds attributed to (potential) frac restrictions (completions) with a new Administration. Fundamentals are totally different. These restrictions can contribute to tighter supply. Meaning higher prices... Cuda is about leverage to these higher commodity prices. SHLE is not.