Q: Crude oil price did not do well in 2025 but tve did great (thanks 5i). How common is it for an oil stock to outperform oil price?
5i Research Answer:
It can be common, IF a company can grow production and keep costs in line. TVE increased its production 2% last quarter despite some volumes being shut in. It also raised guidance and increased its dividend. This has helped sentiment towards the stock and allowed for an increase in cash flow despite weaker prices.