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Author Topic: Energy Stocks  (Read 2148 times)

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Vantage 8 dude

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Re: Energy Stocks
« Reply #50 on: July 12, 2017, 05:43:02 pm »

Everything's gotten so depressed in the energy markets; obviously the vast majority to traders, analysts, and guy on the street absolutely hate anything in this area. While I'm not expecting any type of lasting rebound, at least short term, it was almost guaranteed that with this much negative sentiment the prices had gotten so compressed that there would be some type of rally.
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HawgWild

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Re: Energy Stocks
« Reply #51 on: July 12, 2017, 06:01:59 pm »

It didn't hurt that NRG was liquidating $6 billion in assets either.
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ricepig

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Re: Energy Stocks
« Reply #52 on: July 13, 2017, 05:54:43 am »

It didn't hurt that NRG was liquidating $6 billion in assets either.

I read $4-5B and shedding $9B in debt.
https://www.bloomberg.com/gadfly/articles/2017-07-12/nrg-energy-asset-sale-plan-embracing-the-old
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HawgWild

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Re: Energy Stocks
« Reply #53 on: July 14, 2017, 03:46:53 pm »

Up 43% in the past 3 days.
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