InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,652.00
(
0.06%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,038.26
(
0.40%
)
Post# of 17809
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

blue dog

Send PM Follow Ignore
Followers 23
Posts 1419
Boards Moderated 0
Alias Born 05/19/2008

blue dog

Re: None

Saturday, 12/20/2014 7:18:45 AM

Saturday, December 20, 2014 7:18:45 AM

Post# of 17809
How will Superior fare under oil-price scenarios?

Here's a link to an interesting article/Reuters blog post, the gist of which is that oil prices could go "bearish" (i.e., $20-50/barrel) under competitive market pricing or "bullish" (i.e., $50-120/barrel) under resumed OPEC dominance: The reason oil could drop as low as $20 per barrel. Under the bearish scenario, U.S. shale producers' marginal costs (say, $40-50/barrel) would set the ceiling for oil prices.

I know that Superior would do well under the bullish scenario; any ideas on whether it could swim in the bearish one?


I am an amateur at this, and it would be unwise to rely on my opinions without your own independent confirmation in consultation with an investment professional.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up