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Energy Investing
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Re: VET.to USED TO BE A $51 STOCK @ $82 OIL --- 41.75% FCF Yield at $82 oil Multiple contraction my friend. The market had priced hydro dams at 40x cash flow while selling E&P's down to 1x - 2x cash flow. It's up to investors and money managers where they see value. Right now some used cars are selling for more than their 1yr old sticker price. Pandemics trigger unusual behaviour. I saw people selling 1 roll of toilet paper for $5 in Canada. |
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Msg # | Subject | Author | Recs | Date Posted |
360505 | Re: VET.to USED TO BE A $51 STOCK @ $82 OIL --- 41.75% FCF Yield at $82 oil | Pipeless_Pauper | 3 | 10/20/2021 12:04:03 PM |