Replies to post #14289 on Viewer's Choice

[littlejohn]

hug your Trumpy bear, black friday could

be a coming...

Qs still in de nile zone today of

how fast drops can happen...

this market can't handle $100/bbl

oil price...

so we watch...LJ

[littlejohn]

VTLE now selling over twice the highest

p/e ratio sold at over past

few years of watching it...

Diluting EPS is paying off...

They have projected 90% of oil

production for 2nd quarter is hedged

at about $74ish/ bbl...

Losing about 12/bbl. at the high,

current oil price on Friday...

Two biggies already warned on softer

1st quarter, 2024 results coming...

Oil sector speculation is trying to

catch up with tech sector speculators...

So we watch...LJ

[littlejohn]

Been shaking my head wondering why refiner

stocks jumped with oil going up?...

https://www.investopedia.com/articles/active-trading/102214/difference-between-oil-services-and-refiners.asp#:~:text=The%20refining%20side%20of%20the,added%20products%20becomes%20more%20profitable.

Refiners had great profits in 4th

quarter of 2023 when oil prices dropped...

Is the info out there wrong?...

Can they hold margins when oil price

has been rising at a fast pace?...

Someone may have to rewrite the

info on refiners if their rally ever ends...

So we watch...LJ