First i am very positive BPT great management and operations , good prospects even with low oil price as they are predominantly in gas and have good contracts and cash in the bank.
From my perspective though , i am no expert but looking at the scenario at hand there is no great demand for oil now and none for several months ahead either, so the possibillity of a recovery short or medium term is not good, imo...., the Saudies just sent a bunch of tankers to the US , that will not help either so i think the price will simply bounce arround on the bottom for a while untill the virus gets sorted.
Either way Beach at some time will rise with the economy of the world so no stress if you get stuck with a few.
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$1.54 |
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Open | High | Low | Value | Volume |
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---|---|---|
2 | 25391 | $1.53 |
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Price($) | Vol. | No. |
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2 | 22231 | 1.515 |
1 | 20000 | 1.510 |
1 | 5000 | 1.505 |
9 | 104468 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.535 | 13326 | 1 |
1.540 | 500 | 1 |
1.545 | 40000 | 2 |
1.550 | 140215 | 7 |
1.555 | 145715 | 2 |
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