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re: Oil rebounding
Posted on 6/1/21 at 1:24 pm to SlidellCajun
Posted on 6/1/21 at 1:24 pm to SlidellCajun
Some of the midstream companies offer an excellent dividend of around 10%.
I'm in RECAF for oil. The second test well results should be in this month which should rocket it.
I'm in MPC for refining. They are the nation's largest refiner. Gas prices are increasing for the foreseeable future combined with the massive share buybacks over the next year means easy money.
For natural gas, I'm in TELL. TELL has been awesome, but unless they announce progress on their plant in Lake Charles, I'm selling in the teens.
MPC is the safest play of the three, but also offers the least upside.
I'm in RECAF for oil. The second test well results should be in this month which should rocket it.
I'm in MPC for refining. They are the nation's largest refiner. Gas prices are increasing for the foreseeable future combined with the massive share buybacks over the next year means easy money.
For natural gas, I'm in TELL. TELL has been awesome, but unless they announce progress on their plant in Lake Charles, I'm selling in the teens.
MPC is the safest play of the three, but also offers the least upside.
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