TSX:BEI.UN - Post by User
Comment by
malx1on Aug 26, 2021 3:28pm
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Post# 33770827
RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results
RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results autofocus111 wrote: Northface You make some good points. But it comes down to where you think oil is headed. Is $60 WTI enough to sustain a strong recovery in AB? That's where I have my doubts.
If you think $60wti will be the avg price in a post-covid world, then I can understand your lack of enthusiasm for the best quality reit which holds significiant western canadian residential exposure. NAV climbing, profitability climbing, management rational and holds material position in their company.
$75-85wti is more realistic. If you doublt that, why invest in regions that sepcialize in production of ethical oil and gas?