RE:RE:RE:Every Day I Look Smarterah. too bad. Being overweight the wrong stock really kneecaps returns - always good to own some leaders.
ATH is probably still a decent buy. It is in a very different spot after using the past 18 months to fix the balance sheet. I traded it a couple of times.
I don't think we can look at Q2 cash flow for anyone except maybe PNE and say that is what next quarter probably looks like. Cashflow is accelerating, costs are MOSTLY coming down and we have another pipeline coming to make the US refineries compete a little more for heavy oil so differentials will be slimmer. ATH is adding production for under 15,000 a flowing barrel - awfully cheap for low decline production.
These oil prices are awesome for every oil producer out there.