RE:RE:Good Video To Watch His macro analysis is excellent
His technical analysis is excellent
His valuations have some room for improvement (he is an engineer not a financial analyst). I suspect they will get better quickly
At this point getting the macro right is the critical success factor
I share his macro view
If that view is accurate, then pretty well all Canadian oil producers will increase in value
All these companies are on their own path of strengthening their balance sheet, growing, buying back shares and paying dividends
They are all at different points on that path
Without going into the specifics, there are points on that path where the share price should reprice upward.
If you do the financial analysis right, you may be able to line up several in chronological order and exit one and enter another thereby capturing the repricing of each.
I think OBE may be the next to reprice (when it starts a dividend). Providing the yield is high enough. That's why I'm in it