Comment by
Possibleidiot01 on Feb 19, 2021 2:17pm
depends on the duration , how long the pice stays high. Companies don't start and stop on a dime.
Comment by
BSdetector2016 on Feb 19, 2021 2:38pm
That's correct, however, the draw-down in NG stocks in both Canada and the US has been huge. All that gas has to be replaced and out in storage, and then there is the A/C season coming in the US. More favourable prices will encourage more drilling, which should ultimately benefit EFX, at least that's how I see it.
Comment by
Possibleidiot01 on Feb 19, 2021 2:47pm
The way i view it is results have been so bad , cyclical bottom was reached . Your reasoning works with my theory. If we are correct , it should be noticed Enerflex does have a large rental fleet that can be deployed quickly. GLTA