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re: Are O&G stocks about to rise significantly?

Posted on 5/1/20 at 3:55 pm to
Posted by LigerFan
Member since Jan 2014
2723 posts
Posted on 5/1/20 at 3:55 pm to
I think we see a lot of volatility with news of reopenings, followed by significant storage increasing, etc. The good news, bad news cycles that will have people a little jumpy.

I'm hesitant to say that we have hit the bottom with O&G stocks with all the grim news upcoming with rig counts collapsing, demand slowly getting its traction back and so forth.

If you got in around the bottom a few weeks ago, then you will be reaping the benefits in the next 6 month to a year and very happy with your investments.
Posted by kciDAtaE
Member since Apr 2017
16020 posts
Posted on 5/1/20 at 10:01 pm to
quote:

If you got in around the bottom a few weeks ago, then you will be reaping the benefits in the next 6 month to a year and very happy with your investments.


6 months? You think so? Shell cutting dividend isn’t a good sign
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