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S&P 500
5,475.23
(
-0.05%
)
US TECH 100
19,228.00
(
0.07%
)
Dow Jones
39,071.68
(
-0.14%
)
Brent Oil
85.29
(
0.96%
)
Bitcoin
61,692.69
(
1.46%
)
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oilfieldmafia

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oilfieldmafia

Re: DieselJoe post# 6326

Monday, 02/01/2016 8:08:40 AM

Monday, February 01, 2016 8:08:40 AM

Post# of 13692
Don't be fooled, the price of oil still reflect SDOC PPS in the long run. The higher the price of oil the more the company makes, the better the financials will look, and the more new projects they will put online. But yes SDOC does not go up in one day due to the price of oil.

My investment here is on the fact i believe oil will get up to around the 50.00 range mid way of 2016 and hold steady there. Then most US energy companies will begin drilling again, new projects will come on line.
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