Post by
TouchDown12 on Jan 16, 2024 3:43pm
Think 2025++ (only 12 months away)
What a great opporunity to add to TOU at these levels.... setting up for a great return over the next 2 year horizon. I know it's selling off based on PR yesterday afternoon; but it is way oversold here given hedges; NGL's and agreements. However, I appriciate the opporunity to add with limited downside. TD12
Comment by
houbahop on Jan 16, 2024 4:04pm
With JKM strip mostly under $11 until 2029, I don't like the fact they added more volume. They might get pinch for this.
Comment by
Dogsbreakfast4U on Jan 16, 2024 4:34pm
houbahop, do you still think they need more than $15 JKM to make a penny?
Comment by
houbahop on Jan 16, 2024 5:05pm
I think the economics of sending natural gas from Alberta to East Asia by tanker via Panama canal is non existent when JKM is under $15. If you want all participants in this supply chain happy, you need JKM above $15. Can you prove otherwise?
Comment by
Dogsbreakfast4U on Jan 17, 2024 8:21am
In light of your analysis is it fair to conclude that you are short TOU?
Comment by
GunnerG on Jan 16, 2024 9:56pm
houbahop says $15...........Mike Rose said $8 I am going with Mike the billionaire, builder of great companies.