RE:RE:RE:Cenovus closing WTI hedges; sees more than $1B in lossesYes and I think COP has probably finished unloading their 10% of their CVE shares which was holding the share price down.
ARX and CVE will be gushing cash just like AN's mom is gushing spooge out of her nostrils.
Just about all O&G stocks will and it would be incredibly hard to pick a bad one right now.
Anyone talking any O&G stock down right now is just looking foolish.
Doing it about ARX gets you the booby prize.
GLTA Longs
Trapped wrote: You're right about CVE, Quint. Outside of my own self-managed account, I have another portolio managed on a discretionary basis by a division of one of the chartered banks. Just yesterday I noticed they bought a boat-load of CVE. It may not have been yesterday's name, but markets are forward-looking and I agree they (like ARX) will be gushing cash moivng forward..
Quintessential1 wrote: I hope so. CVE is going to kill it this quarter and end the year with over $1B in FCF.
You know what is not closing?
Your mom's mouth.
Open for business.
GLTA Longs
angelnicky wrote:
Will Arx follow suit??????