A rebound is eminent !With all that happen with the hurricane IDA ! Probably the crude will jump another 3-5% quickly !
Which may help to recover the share price of end of june !
But also, you can see below, 3 energy stocks did not recover compared to the average energy stocks since june 30th.
ATH still down 25,5% compare to june 30th price of 0,98 !
GTE still down 26,1% compare to june 30th price of 0,92 !
VET still down 22,7% compare to june 30th price of 10,86$ !
| june 30th | july 16 | july 30 | august 15 | august 20 | % june 30 - aug 20 | august 27 | |
WTI | 73,23 $ | 71,65 $ | 73,95 $ | 68,05 $ | 62,29 $ | -14,9% | 68,72 $ | -6,2% |
Nat gas | 3,65 $ | 3,76 $ | 3,92 $ | 3,87 $ | 3,82 $ | 4,7% | 4,38 $ | 20,0% |
| | | | | | | | |
Ticker | $ S/P | $ S/P | $ S/P | $ S/P | $ S/P | | | |
AAV | 5,06 $ | 4,50 $ | 4,69 $ | 4,62 $ | 4,45 $ | -12,1% | 5,16 $ | 2,0% |
ATH | 0,98 $ | 0,82 $ | 0,79 $ | 0,76 $ | 0,67 $ | -31,6% | 0,730 $ | -25,5% |
BIR | 5,20 $ | 4,78 $ | 4,71 $ | 4,77 $ | 4,60 $ | -11,5% | 5,35 $ | 2,9% |
BTE | 2,39 $ | 2,08 $ | 2,13 $ | 2,14 $ | 1,90 $ | -20,5% | 2,15 $ | -10,0% |
CJ | 3,49 $ | 2,87 $ | 3,14 $ | 3,26 $ | 2,91 $ | -16,6% | 3,40 $ | -2,6% |
CNQ | 45,00 $ | 40,85 $ | 41,17 $ | 41,30 $ | 39,49 $ | -12,2% | 42,42 $ | -5,7% |
CPG | 5,61 $ | 4,26 $ | 4,56 $ | 4,37 $ | 3,87 $ | -31,0% | 4,50 $ | -19,8% |
CR | 2,21 $ | 2,16 $ | 2,16 $ | 1,84 $ | 1,54 $ | -30,3% | 1,88 $ | -14,9% |
CVE | 11,86 $ | 10,22 $ | 10,41 $ | 10,29 $ | 9,54 $ | -19,6% | 10,53 $ | -11,2% |
ENB | 49,63 $ | 49,34 $ | 49,18 $ | 49,05 $ | 48,55 $ | -2,2% | 49,74 $ | 0,2% |
FRU | 9,77 $ | 8,91 $ | 8,73 $ | 9,01 $ | 8,23 $ | -15,8% | 9,63 $ | -1,4% |
GTE | 0,92 $ | 0,77 $ | 0,75 $ | 0,64 $ | 0,58 $ | -37,0% | 0,68 $ | -26,1% |
GXE | 0,85 $ | 0,68 $ | 0,71 $ | 0,67 $ | 0,58 $ | -31,8% | 0,69 $ | -18,8% |
MEG | 8,97 $ | 7,79 $ | 7,96 $ | 7,57 $ | 7,09 $ | -21,0% | 8,06 $ | -10,1% |
OVV | 39,07 $ | 32,90 $ | 32,07 $ | 30,39 $ | 29,60 $ | -24,2% | 34,26 $ | -12,3% |
OYL | 1,75 $ | 1,38 $ | 1,78 $ | 2,18 $ | 2,19 $ | 25,1% | 1,86 $ | 6,3% |
SU | 29,69 $ | 26,47 $ | 24,56 $ | 24,02 $ | 22,45 $ | -24,4% | 24,20 $ | -18,5% |
TVE | 2,57 $ | 2,28 $ | 2,69 $ | 2,41 $ | 2,17 $ | -15,6% | 2,44 $ | -5,1% |
VET | 10,86 $ | 8,82 $ | 8,97 $ | 8,89 $ | 7,40 $ | -31,9% | 8,40 $ | -22,7% |
WCP | 6,16 $ | 5,63 $ | 5,71 $ | 5,29 $ | 4,89 $ | -20,6% | 5,45 $ | -11,5% |
XEG | 9,04 $ | 8,12 $ | 8,02 $ | 7,82 $ | 7,32 $ | -19,0% | 7,99 $ | -11,6% |
| | | | | | | | |
| | | | | AVG. : | -19,2% | | -10,3% |
For my point of view it's a good entry point !!!
Please do your DD , it's your money !