Post by
Elchico1973 on Jan 06, 2022 4:15pm
Good Times.
I"m so happy i bought a bunch of this two weeks ago. This is one of Canada's most established oil and gas service companies, Once our poiitical (bought and paid for) overlords loosen up the reigns on us (likely this spring i guess) i think this should keep climbing nicely. And a big thanks to the boys (and girls, but mostly boys) who are freezing their balls off so the rest of the country doesn't have to. i think the world is waking up to the fact that it's not going to be easy or necessarily so wonderful for the environment to get off oil and gas and into green energy (which translates into a whole lot of mining). Good luck.
Comment by
JohnSP on Jan 06, 2022 8:59pm
With high natural gas prices, increasing oil prices, and filling coffers (balance sheet repair), the E&Ps will start increasing theor CapEx Budget and start drilling more, and up will go rig counts and day rates (profits). Example: https://seekingalpha.com/news/3786068-eog-breaks-with-industry-plans-growth-will-wall-street-reward-them