Post by
Maxmoe on Aug 19, 2024 10:15am
Here comes another run at $10
If we don't bust through this time, it will eventually. Anyone know without looking it up or asking what % of oil is shipped via pipeline vs rail/truck ? A strike might back everything up on one hand, versus tighten spreads if export supply is restricted.
Comment by
Maxmoe on Aug 29, 2024 11:54am
Strike averted but global political tensions make Canadian oil producers look better and better. Here we are knocking at $10 as expected. So slow it's frustrating but awareness and coverage will improve as results unfold. Valuation will follow. I still see a risk of being taken over before the fair value is realized.
Comment by
Maxmoe on Sep 10, 2024 11:59pm
Hey, who took the punch bowl? Miserable month for all the oil producers. Gfr holding up thus far but cmon man, gimme back $80 oil.