Good luck with your trades...I dont know about $100 pb but Capex for oilers has never been this low going forward for both oil & gas since 1942, having said that 2020 capex is down some 39% pro rata despite the Permian leads of 85% recovery, capex catch up will not be until 2025 which then who knows how the battery thesis will play out...the US with its $10/bbl I think is short lived with Biden banging the drums of no more tenements now in the senate...what traders like us can look forward to and concentrate on is Russia responding to the EU looming embargo and the Iran cessation...either way...its a good trade for the time being...buy in the 20`s sell in the 30`s....
All the best with your trades...
Good luck with your trades...I dont know about $100 pb but Capex...
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$1.32 |
Change
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Mkt cap ! $2.994B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.29 | $6.824M | 5.200M |
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| No. | Vol. | Price($) |
|---|---|---|
| 57 | 205142 | $1.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 101403 | 66 |
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