Post by
Rational43 on Sep 14, 2023 1:13pm
GTE is today's BTU
Imbecilic management. History of underperformance. Producing large amounts of a commodity the world needs.
Sounds like Peabody Energy a few years ago.
GTE is a multi-bagger as the next few quarters results come in, and I'm glad to be able to buy at today's "left for dead" prices before regular quarterly earnings of $1+ come in.
Debt will be eviserated, production will rise and share count will fall.
$90+ Brent is a cure all.
Comment by
baranja on Sep 17, 2023 9:55am
I dont't know if I am reading it right,. it cost them $60 to produce single barrel. WTF? Where does the money go?