RE:RE:RE:Exit conditions or exit price? I agree with you. Even if I sell, WHAT would I buy??? If the O&G sector is undervalued after years of neglect, even with a market downturn, this secctor may still outperform. Assuming that in a downturn oil is steady at $65, these companies would still be making excellent cash and that would allow them to pay down debt, introduce divies (or add to them) or buyback shares. With covid possibly becoming a thing of the past, I can see demand increase in the summer and fall. My guess would be AT least until 2023.
Mas