Game Theory Starts to Weigh on OPEC’s Production Cuts
Last week, CSX Corporation (NASDAQ: CSX) fell 5% in one day when CEO Hunter Harrison announced not only his plans to leave the company but also some serious doubts about the company's future.
On this episode of Industry Focus: Energy, analysts Taylor Muckerman and Sean O'Reilly explain what has Harrison so disillusioned with CSX's prospects, and whether or not the rest of the railway sector should be worried, too.
Also, the hosts dive into what it means for OPEC that Saudi Arabia and Ecuador both failed to comply with their production cuts this month, what's behind a new six-week high in oil prices, and more.
Source: Fool.com
CSX Corp. Stock
€31.05
-0.180%
CSX Corp. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 35 € shows a slightly positive potential of 12.72% compared to the current price of 31.05 € for CSX Corp..
