RE:RE:Wow just 1 single up day in the last 3 weeksYeah a $300K bill for gas they (partly) didnt even consume is pretty hilarious, fairly confident they will negotiate that way down. Either way it's a 1-time freak storm event.
We'll see whether Mr. Market is looking fwd with SNS, and has already discounted this.
It feels like oil has been over $60 for a long time, but it's only 3 months ago that it turned, not enough time for frac sands shale plays to reactivate in scale (plus I assume Winter was not ideal for that anyway). That's the big unknown for me, how long before shipped sand volumes get the big uplift from increased shale activity.
SNS has some catching up to do to reach SLCA and SND % gains.
GLTA