Post by
angelnicky on Jul 13, 2022 5:05pm
Suncor Downgraded
A number of downgrades over the last few days
investors leaving oil/gas now as recession is around the corner
If quarter report does not meet expectation, this stock may hit in 20's
Comment by
Bigbear7405 on Jul 13, 2022 5:20pm
The only reason oil is going down is because of the drain on SPR. Make no mistake, store oil is going down consistently.. 180 million barrel draw leaving reserves at what a 40 year low. This continued drain ends in a few months. Then what?
Comment by
pooltec on Jul 13, 2022 7:04pm
Yep just in time for the winter season. Hope you all switched over to NG. Whoops, maybe not, Europe will need as much as we can send them.
Comment by
vr6loco on Jul 13, 2022 5:25pm
"this stock may hit in 20's" Really? Any day above $80 WTI is a gift to Suncor. Unless somehow oil returns to $40 or less. This stock is already super under valued. Everything is pointing to higher prices, not lower. Glass half full here.
Comment by
IFlyTheUnicorn on Jul 14, 2022 12:17am
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