So what happened to the Peak Oil theory??? We started a crazy march from $30 a barrel to $150 on that #$%$. I see price of oil coming down - but CLR going up because they selling so much.
NSC said shipments out of BAKKEN were up 780% in Q4! Thats crazy. PSX ordered 300! railcars. Share price in PSX NSC TRN surging - Who's causing this? CLR thats who. CLR deserves some love from managers profiting off PSX NSC TRN.
I'm thinking $120 this year. Short interest fell last quarter as shorts see the story.
Valuation is a bit higher than EOG but growth for CLR looks like price is warranted.