I am noticing that all energy companies are being sold off even though the oil price continues to improve. Yesterday oil up again 4% and our energy companies are down. Frustrating!!
It will be interesting to see their 4C and see how much money they made last quarter. Maybe that will trigger a buying spree.
Crazy times. Sentiment in the energy sector (oil and gas) appears down. Even thought there will be a transition to renewables over the longer term should not stop these companies from making money over the medium term.
OSH Price at posting:
$4.02 Sentiment: Buy Disclosure: Held