Post by
Insidetheropes on Feb 18, 2015 10:50pm
One Question.......
How good would $2.00 look if, as the analysts are suggesting, oil were to drop to $25/Bbl?? This would wreak havoc on many a good company. No one saw sub $50 oil and it is costing many jobs and a lot of shareholders getting killed. Tread carefully with the projected oversupply ahead.
Comment by
MagicBeans on Feb 19, 2015 10:17am
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Comment by
Insidetheropes on Feb 19, 2015 10:43am
Fair comments for sure. However, the drag of oil ultimately impacts all aspects of the Alberta economy and in the short term it could pinch LSA's price and create better entry points. The market tends to over react and drag all into the oil vortex. No question LSI has a great model and is not solely an oil play.........but.........they are in Alberta. Time will tell how this palys out.
Comment by
MagicBeans on Feb 19, 2015 10:57am
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Comment by
PAGODA5 on Feb 20, 2015 12:06pm
https://lonestarwest.com/services/map-of-service-area/ Head office in Alberta but servicing a much wider area including many of the southern United States. I know they currently have contracts to work on a nmber of pipelines in Texas.
Comment by
MagicBeans on Feb 20, 2015 12:13pm
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