- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Energy play
Posted on 3/30/20 at 11:12 pm
Posted on 3/30/20 at 11:12 pm
Man talk about blood in the streets.
But it still is going to get worse (IMO) and it’s hard to tell who is going to survive. The oil war is one thing - but the oversupply due to the COVID impact is another animal.
Who do you guys see as having the assets and cash to come out strong from this? XOM has issues and the midstream players are all dependent on the producers. Also it appears the shale producers are in for a tough slog.
Who are you looking at? Who has a fortress balance sheet in this space?
But it still is going to get worse (IMO) and it’s hard to tell who is going to survive. The oil war is one thing - but the oversupply due to the COVID impact is another animal.
Who do you guys see as having the assets and cash to come out strong from this? XOM has issues and the midstream players are all dependent on the producers. Also it appears the shale producers are in for a tough slog.
Who are you looking at? Who has a fortress balance sheet in this space?
Posted on 3/30/20 at 11:24 pm to SquatchDawg
CVX...already up to ~$71 from ~$51. If it comes back down some, you should be all over it.
Posted on 3/30/20 at 11:26 pm to SquatchDawg
I'm taking a swing at OVV.
Posted on 3/31/20 at 7:58 am to SquatchDawg
Picked up RDS.B at $22 and CPE at $0.45.
This post was edited on 3/31/20 at 7:59 am
Popular
Back to top
Follow TigerDroppings for LSU Football News