RE:Not a great time to buy energy stocks yet?I strongly disagree. With oil prices staying relatively high, it's going to be nothing for these companies to cover their debt. If you wait a full year, you'll have missed out on the buying rush and cost yourself the true X bagger. Although, perhaps I could have been a bit more patient, myself.
My big coup on the market was aquiring US CPG shares at ~$1.80. Attractive returns at any sell price in the next year.
soundandfury wrote: They are still to swamped with debt........cpg 2.3 billion debt ...baytex 1.6 billion debt........maybe in 1 years time whe this mountain of debt is turned into a mole hill.....but not yet unless you like to own debt.....