The company typically doesn't stay at these sorts of valuation ranges for very long. While it's entirely possible for us to go deeper "down south" here, I don't see the fundamental risk...
Anyone still bullish on holding Oil companies? Or do you think the sector has peaked?Thoughts on this thesis?https://financialpost.com/commodities/energy/oil-gas/opec-exhausting-spare-capacity-confirms-oil-bull-caseAs far as I can tell Oil companies will continue to have good earnings for quite...