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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST

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To: TobagoJack who wrote (6782)5/25/2006 8:48:24 PM
From: Wyätt Gwyön  Read Replies (2) of 217844
 
i think COS triples by next year if WTI averages over $70 and operations go as per plan--Wulff has suggested their dividend would triple (though i think he was assuming only $60 WTI). probably the biggest caveat is WTI--it could certainly fall in a worldwide recession/depression. OTOH, it could go MUCH higher under various geopolitical/weather scenarios that could highlight the benefits of vast resources in a stable country. another potential catalyst is if the SEC decides to let oil cos book oil sands as reserves (they are supposedly going to make some determination by early summer)--Coxe has suggested this could lead the majors to try to acquire the oil sands. that may be more applicable to SU than to COS.
full disclosure: i own a lot of COS.
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