Spread increase
In the end,it's all about making money.
And most stocks in the O&G sector are making a lot of it for their shareholders.
Again in CDN $ on sept.6 VS this morning
Spreads have jump more than $5 in the past 3 sessions.
3-2-1 closed at $41.01 on Sept. 6th and is this a.m. it's at $46.40
2-1-1 was $46.61, now $52.89
Over the past 8 trading sessions,my calculation of EPS on a quarterly basis has gone up
5 cents for Suncor.
While we have seen an increase in the spreads,the "culprit" of this is the increase in EPS
is entirely because of the increase in WTI.
Only 3 weeks before we close another very profitable quarter for SU and the majority
of the other energy company.
Once in a while, i like to excuse myself for all the typo.Being french, it is not always easy
to express my thinking in english.
Nice day to all.