And yet..And yet journey energy released q1 and they got pelted down 32 cents or over 8 percent in Friday.
17.7m is kinda weak cf from them and another example of older assets showing weakness when commodity prices are lower.
yet ipo and Pne hold lol. ,what a wild market right now with little retail investor interest left.
I mean journey is doing something at least to get fresh new production in Duvernay jv with Spartan to help handle cf needed for reclaimation.
going to be continued pressure for mandated reclaimation as older assets generally pollute more carbon emissions.
some companies can delay reclaimation abit because they have spend lots in five years like cardinal energy but not all companies can delay reclaimation spend