British Petroleum needs higher oil prices to reach $60
I don’t think BP approaches $60 again unless there is a large increase in the price of oil.
I don’t think BP approaches $60 again unless there is a large increase in the price of oil.
As to your question if CEN is a strong hold or a buy I think its a strong candidate as a trading stock.
The best outcome for RDS is for a steady rise in the price of oil and natural gas.
Having said all these wonderful things about a bright and prosperous future the charts tell the story of a range bound stock that needs higher prices for its production to generate gains for shareholders.
Honestly if VET.UN could settle into a trading range between $36.00 and $33.00 there would be nothing whatsoever wrong with that.
CPG intends on spending $750M in 2010 and drill 331 net wells. For the time being I would say that your dividend which is currently yielding 7.5% is safe. The price of the shares is another matter.
CNH needs to have continued success in its drilling operations to kick up production and it also needs the price of natural gas to move higher.