Saturday, June 23, 2018 5:37:05 PM
value1008: FTSI
Get a bowl of Safeway "O" blueberries, pour some organic almond milk over them, sit down and give me your opinion on FTSI as U eat! LOL!
For a company like this, I'd like to see a much lower OS count. Still, the company seems to be clawing its way back to prosperity, and if they could get the debt way down, there is no reason they couldn't pay a dividend. I heard a very sober guy on Fox Business News (do I hear a groan?
) say that the Saudis and other OPEC countries are going to push to get the oil price between $80 and $100 a barrel. That would be okay for FTSI. And the U.S. fracking market going crazy once oil prices are very high would be good for this company.
But then again, once the pipeline situation affecting the Permian basin is resolved with two new pipelines, oil prices could start a decline, and if Venezuela would get its act together, I could see oil dropping to $30 a barrel again after 2019. Lots of ifs.
IMO, the Saudis will lose their campaign for high oil prices. I guess the important word here is "cyclical". IMO, the cycles are really weird.
Get a bowl of Safeway "O" blueberries, pour some organic almond milk over them, sit down and give me your opinion on FTSI as U eat! LOL!
For a company like this, I'd like to see a much lower OS count. Still, the company seems to be clawing its way back to prosperity, and if they could get the debt way down, there is no reason they couldn't pay a dividend. I heard a very sober guy on Fox Business News (do I hear a groan?
) say that the Saudis and other OPEC countries are going to push to get the oil price between $80 and $100 a barrel. That would be okay for FTSI. And the U.S. fracking market going crazy once oil prices are very high would be good for this company. But then again, once the pipeline situation affecting the Permian basin is resolved with two new pipelines, oil prices could start a decline, and if Venezuela would get its act together, I could see oil dropping to $30 a barrel again after 2019. Lots of ifs.
IMO, the Saudis will lose their campaign for high oil prices. I guess the important word here is "cyclical". IMO, the cycles are really weird.
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