RE: You can't change macroeconomics3 Jul 2021 09:10
Slift, all the ingredients are there. This is the best trade you could make in years. You can't hide from the simple mathematics. The oil price means bumper revenues are happening for oil companies right now. But that's not the only part of the equation. They've slashed costs too. And debt servicing costs are low enough, yes even for Tullow. Meanwhile dividends are in shorter supply in the short term, so again bolstering the majors positions especially. Couple all this with a lack of investment and Mr market is going to wake up to those companies standing tall and pumping oil. Very exciting two years ahead.
None of this is my opinion. The maths is staring everyone in the face. Don't bother doing your own research. This is how it is. 90p, 3pm. You know.