RE:$44 Oil No One Can SurviveWCS is holding up pretty well. Between 2015-2017 WTI was below $50 frequently. Companies adapt and survive...just the share price (and investors) suffer.
The negative view of the Energy industry in general plus the demand worries created by COVID19 panic are driving share prices back to historic (new) lows.
If you think the future of Oil is higher pricing due to insufficient future production growth vs. future demand growth, you keep on buying. I will.