SGC 0.00% 0.7¢ sacgasco limited

Oil Price

  1. 5,274 Posts.
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    Huge spike in the WTI oil price overnight, up 9% to $104

    This is great news for SGC and its Canadian oil producing assets which were purchased at a time when the WTI was trading between $40 to $50 per barrel. The assets were cashflow positive at the time of purchase and the WTI has more than doubled since then, which is great for revenue.

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    Screenshot_20220204-055444_Adobe Acrobat.jpg
 
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