RE:RE:RE:RE:Strange performance OBEs hedging competence has them far better positioned than their competitors
However if you are a day trader and you see oil move higher you buy the others like BTE or CPG because you can get in and out fast. You buy and sell because the other day traders are doing the same
Longer tern investors pick OBE. They tend not to be triggered by daily oil price jumps - like you they buy on weakness with the intention of holding until more data is published and reassessing at that point to continue holding or sell.
OBE tends to follow the day trading stocks not lead them