Jun. 1 at 10:48 PM
$ACDC more fundamentally 1 day of Hormuz straight out means 1 week to reestablish the deficit.. we are over 90 days, this is 90 weeks. so close to 2 years. That means operators can invest to drill again or restart wells without fearing that oil will go back down to super low price. That means also Profrac is well positioned to turn profits in the very near future.
$10 and more definitely on the horizon.