Post by
Muffybell1 on Mar 17, 2023 12:09pm
Oil and NG still sliding and at these prices, ALL of these
types of stocks are WAYYYY TOO HIGH. Last time oil and gas were at these prices this one was around a buck. Sooooo, what shouild it trade at ? And no NOPT AT 100 DOLLAR OIL what that Eric nutcase says. He projects free cash flow and multpiples using a REDICULOUS 100 DOLLAR OIL PRICES. WHERE IS OIL NOW ???? NO, NOT AT 100, BUT AT 66 AND DROPPING.
Comment by
barneyj44 on Mar 17, 2023 1:49pm
The last time these stocks were trading at $1 oil was negative, companies had poor hedging and much higher debt. Glad your not looking after my portfolio.
Comment by
BigJake on Mar 17, 2023 4:38pm
Don't forget the last time oil prices were here we only had half the production, not the same company
Comment by
dogatcat on Mar 17, 2023 4:51pm
Nothing has changed in the energy market. The only thing driving oil prices is a seemingly self-induced banking scandal. Oil always bounces back after this type of "crisis".