Post by
iwpete on Feb 15, 2023 10:42am
consider yourself lucky
if you're in nat gas stocks like me
oil just had all four tires blown out, DOE just printed a 16 million bbls build in oil inventory
Comment by
barneyj44 on Feb 15, 2023 12:04pm
Great day to add to oil and gas companies . World is going to consume 109 million barrels a day this year according to the Eia. India's huge airplane order from Boeing and Airbus tells me demand isn't going away anytime soon.
Comment by
iwpete on Feb 15, 2023 12:18pm
I'll buy tomorrow after I get my BIR div good luck to you Barney& GLTA
Comment by
barneyj44 on Feb 15, 2023 12:34pm
Iwpete I've held Wcp along with Birchcliff for many years. Both good companies with nice dividends . Days like today are unsettling but after seeing Suncors (have small position) $2.74 Billion Q4 profit and pledge to use 75% of FF towards buybacks I know were in the right sector.
Comment by
barneyj44 on Feb 15, 2023 12:35pm
And obviously a position in Arc
Comment by
iwpete on Feb 15, 2023 1:32pm
Barney I've been in oil and natgas stocks since Mar 2020 If I've learned anything in the last 40 yrs of investing it's not to fall in love with my stocks.