Canadian O&G stocks
Markets are up ~2% today. WTI$W&T Offshore(WTI)$ up ~2%, NG$Novagold Resources(NG)$ up about 5%. Yet most Canadian O&G stocks, sorry boys and girls we ain't interested! Makes sense!
I mean the way things have been lately, I guess we should! Yes but it was way different in 2018. Physical market is tighter now, with spreads still spikingCanadian O&?G drawdown galore
Serious question! If I am a pension fund looking for a yield for a passive income, why would I invest in O&G stocks if I could get the same yield or even better at much lower risk? A few months ago O&G stocks were very attractive, with rates at 0%. Are they now?
North American Natural Gas Storage Levels for the week ending July 8/2022.
US Natural Gas Storage (bcf) is 12% lower than 5yr avg.
Canada Natural Gas Storage (bcf) is 18% lower than 5yr avg.
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- Maria_yy·2022-07-19Thanks for sharing. What you said makes sense.LikeReport
- Susunehneh·2022-07-16Warm uo commentLikeReport
- Tj23·2022-07-16OkLikeReport
- Toshies·2022-07-16interestingLikeReport
- CJTAN·2022-07-16[smile]LikeReport
- Tiongsquare·2022-07-16OkLikeReport