Option Millionaires

[WealthyKing]

What is the boards sentiment on earnings for this quarter in the oil and gas sector? I know revenue will be down and cost cutting measures will be reflected, but will price movement be more a reflection of future outlook or past performance?

My feelings are that prices have already taken their hit and most will have upward movement so long as debt and credit outlook for the major companies turn favorable for the next 12 month period.

In calls on $FELP, $MRO and $MPC, looking at $CHK, $WLL