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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST
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To: sense who wrote (169040)3/1/2021 7:21:31 PM
From: stuffbug1 Recommendation

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sense

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<< The extraction technology has continued improving... some of the sands probably profitable at $80 now... all will be at $120... and oil is probably heading higher than that... >>

How about a little research, guess you skipped over my posts?
CNQ (Canadian Natural Resources) is profitable at $40 WTI, likely the lowest cost senior oil producer in all of North America.
Generates billions of annual free cash flow, dividend increase every year (last increase was announced in March 2020, I expect another increase to be announced when their Q4 results are released this month). I suggest energy investors listen to the conference call.
CNQ purchased (stole) oil sand assets from Devon two years ago and basically paid for the acquisition with the company's total free cash flow generated within the following 12 months.

The lack of knowledge concerning the Canadian Oil Sands is truly astounding.
This is the year 2021, not 1981.
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