Post by
RichyRich$ on May 04, 2019 12:47am
5 Year Sector Bull Run Forming...
Keep in mind the Canadian Energy Sector has been downtrending for 10 years. A 5 year bull run is realistic. And the Catalyst will be the Transmountain Pipeline expansion approval. LNG Canada expected to be built by 2022 and more projects to start around it. DEE will ride the sector trend reversal. This time it won't be just a a quick 6 month pop and fall again. Should trend up for many years. The trick will be to hold discipline to keep holding even as this creeps up to $.60 and above.
Comment by
bonjovi501 on May 08, 2019 10:51am
Too late DEE's days are done and debt will ruin them
Comment by
RichyRich$ on May 08, 2019 11:23am
No it's not. They're starting up 4 new wells. The Debt to Operating Cash Flow will remain under 3:1. Which is normal for the whole sector.
Comment by
Singoa58 on May 13, 2019 3:29pm
The natices will never allow that through their land NEVER