Why investors s/b moving more money into oil & gas stocks
Posted: Fri Oct 07, 2022 5:42 pm
Eric Nuttall (@ericnuttall) tweeted at 9:31 AM on Fri, Oct 07, 2022:
"OPEC+ put" in place, SPR ending in 2 months, EU Russia oil embargo December 5th, China starting to re-open, seasonally strongest Q for oil demand, and near debt-free energy stocks trading at a 23%/27% free cashflow yields at $90/$100. What more Mr. Generalist do you need???
(https://twitter.com/ericnuttall/status/ ... 8zSJw&s=03)
If you aren't familiar with Eric Nuttall, he is a super sharp analyst that is very bullish on upstream oil & gas companies. Eric is focused primarily on Canadian based companies. I added CPG to our Small-Cap Growth Portfolio after I read his comments on the company.
"OPEC+ put" in place, SPR ending in 2 months, EU Russia oil embargo December 5th, China starting to re-open, seasonally strongest Q for oil demand, and near debt-free energy stocks trading at a 23%/27% free cashflow yields at $90/$100. What more Mr. Generalist do you need???
(https://twitter.com/ericnuttall/status/ ... 8zSJw&s=03)
If you aren't familiar with Eric Nuttall, he is a super sharp analyst that is very bullish on upstream oil & gas companies. Eric is focused primarily on Canadian based companies. I added CPG to our Small-Cap Growth Portfolio after I read his comments on the company.