As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
Consider to be long on this stock especially if it break over this support level with a volume augmentation in the same time. Plus the revenue and earning reports are good for the moment on this oil and gas pipeline company. Make your own research before buying this. Have a good night !
Foundation of revenue from long-term fixed contracts provided by the parent company (FANG). Utilizing FCF to fund five JV's; three of which are paid for and already generating cash. The other two require an additional $79m in Capex before completion. Additionally utilizing FCF for an 'aggressive' share buyback program. This should result in 2021 results showing...