Future earnings are priced into the shares about 1.6 seconds after an analyst declares an estimate. Current prices are already assuming another windfall quarter or two for U.S. Energy companies. My sense is that educated investors (which I am not) don't believe that the best is yet to come.
Able_Excuse_4456 t1_iuhhmd4 wrote
Reply to Why aren't people buying energy stocks? by InterestingHurry1834
Future earnings are priced into the shares about 1.6 seconds after an analyst declares an estimate. Current prices are already assuming another windfall quarter or two for U.S. Energy companies. My sense is that educated investors (which I am not) don't believe that the best is yet to come.