Post by
halitosis8 on Jun 01, 2021 5:39pm
impairment charge
It would nice to see a reversal of the rest of the impairment charge--it's close to a billion dollars I think. anyway, nice pop today.
Comment by
Moemoney42 on Jun 01, 2021 7:06pm
I agree and that would apply to many O&G stocks which I think could happen this year at some point..??
Comment by
Oldnagger on Jun 01, 2021 8:39pm
Reversal of the remaining impairment charge will be helpful as it will be an invitation for some of the more cautious investment funds to invest once the balance sheet is cleaned up. Another important catalyst will be nat gas pricing in Europe which is quickly approaching the Eruption point due to continuing`And substantial inventory shortages !!