Oil price will surely recover in 12-18 months. Maybe not $60, but $40-$50 range is almost certain (and it'd be profitable for most at $40). Problem is, there are many better oil company to support than this one (as they have more cash flow to survive). I bought quite a few big ones, including US one like SLB (and yes the speculative ETF in OOO and USO too ) shortly after oil future went negative, as I'm sure it'd recover, but still wary of ATS.
ATS Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
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) shortly after oil future went negative, as I'm sure it'd recover, but still wary of ATS.
(20min delay)