Sentences with phrase «believe lower commodity prices»

While we believe lower commodity prices are a boon to the economy over time, the abruptness of their price decline and a lingering «commodity super-cycle» mentality likely caught many with more commodity inventory (acquired at higher prices) than proved desirable.

Not exact matches

We regard the greater stability in commodity prices, along with a lessening of volatility in financial markets, as welcome, and believe it should provide a more stable platform for the global economy, where growth remains acceptable, if lower than desirable.

At the current price of $ 5.56, we believe the market has overly discounted the effects of the lower commodity price environment, giving us an opportunity to buy Glencore at a compelling discount to our estimate of intrinsic value.

We think there is significant upside to the Delaware acreage, relative to PDC's assumptions at the time of the acquisition, and believe that adding quality acreage when commodity prices are low can significantly increase long - term value for shareholders.

I believe much of the recent market volatility really results from the second - and third - order effects of lower commodity prices.