Comment by
Westcoastenergy on Jun 20, 2024 10:19am
Thank you for posting. Love those charts!
Comment by
Seppelt on Jun 20, 2024 3:07pm
Unfortunately, NYMEX is not nearly $4.00. Gas fell today to $2.75 down about 16 cents or 5.5%. This may explain the weakness in this stock while most oil stocks are up. At $4 gas, WCP would trade a lot higher.
Comment by
PlutusofCrete on Jun 20, 2024 4:06pm
WCP like many others sells a majority of their gas at AECO. They did note at investor day they plan to diversify in FY25.