Nuttall in a nutshell
Posted: Mon Jan 22, 2024 9:34 pm
“Live view of energy investors to: current FCF yields at spot, TMX linefill in ~3 months, LNG Canada onstream by YE'24, 50%+ of current FCF being returned via dividends/buybacks increasing to 75%-100% later this year, strongest balance sheets in history, looming US shale inventory challenges, Saudi controlling most of OPEC spare capacity and being in the driver's seat, falling global oil inventory levels, resilient demand growth, highest geopolitical risk in years,...”
In that the Canadian have taken a beating look for them to stage a comeback in 2024
Reuters 1/12/24
https://www.reuters.com/world/americas/canada-regulator-wraps-up-trans-mountain-pipeline-variance-hearing-2024-01-12/
In that the Canadian have taken a beating look for them to stage a comeback in 2024
Reuters 1/12/24
https://www.reuters.com/world/americas/canada-regulator-wraps-up-trans-mountain-pipeline-variance-hearing-2024-01-12/