Watching SU for a buy and initiation of another trade. Needs to go lower! Oil prices low-tougher to make money off it currently for SU. Down in pre-market? Looks like they got saved by their hedging.
Also know that ECA did some hedging on their gas plays which of course currently the price of NG is in the toilet. May cause them to have an earning surprise? Got this per a weekend BNN report video.
I am also watching PBG.TO again for another trade, but I would not pull the trigger unless it dropped at least below $20.00.
Riding the oil pricing trough-looking to add? Oil futures reflect where this commodity will be going IMO-just won't be immediate!
We will see!
Kutz