The best part of all this is that we have a remote ( but powerful ) energy company/ nation that has recognised Senex ( across the other side of the globe ) as a good investment.
And then, due to "Climate change" considerations the Nowegians decide to sell all their oil and gas stocks.
And this would have to be one of the worst decisions ever made by these Norwegians. Senex is about to embark on a transformational experience that will quadruple their production over the next few years.
The investment dollar towards oil and gas is diminishing. It will lead to an oil spike but in the meantime SXY will continue to grow Strongly.
SXY Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held