06-17-2022, 04:24 PM
(06-17-2022, 03:42 PM)fenders53 Wrote: Well I can't say I enjoyed this week's oil stock beat down. Wow, that was harsh. You would think oil pulled back $20+. I gave up months of profits if they don't bounce back.
Yeah, it was definitely a rough week. Hard to believe EOG is 25% off its high considering we are still at $109 WTI prices. Trading at a 9% forward yield if the $1.80 special is carried through the rest of the year. Many others in space are trading at similar valuations.
No plans to sell here.