Dec. 24 at 9:28 PM
$DINO $VLO $HAL $SLB $DIA HF Sinclair is trading at
$3 below book value. It just had an excellent quarter, the price target is in the 60s, it is buying back shares, expanding operations, acquiring companies throughout the oil lifecycle, and is having an excellent quarter. This for me is a screaming buy and I have.
The markets are insane sometimes. Companies that bring in nothing and do nothing are trading at 100 PE and solid companies like refiners are in the doldrums.