“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/
Nuttall in a nutshell
Re: Nuttall in a nutshell
I hope there are no more transmountain obstacles ahead. Hopefully this is a good direction to “fixing” the WCS differential