Post by
BayStreetWolfTO on Apr 20, 2022 11:12am
Something to watch for the next few weeks
Think about the major draws (with build projections)...now consider the following
With spring/summer coming and the US exporting the SPR....this is going to be VERY interesting.
Baytex reports next week after the EIA report....timing...
"U.S. refiners recieved 9 tankers carrying Russian-origin crude and fuel oil in April, and they are likely the last ones to deliver as the wind-down period set by Washington expires this week"
Comment by
red2000 on Apr 20, 2022 11:38am
My hope, with Q1 results : Financial ratios adjusted to the new reality of the energy sector. Because the majority of bank analysts have been burned by the Energy sector since 2018. Very few financial ratios are adjusted to the new reality of the sector. Even oil reserves are not considered correctly, Eric Nuttall talks about it regularly ! GL Longs !