RE:RE:RE:Tell me why not to buyhmmm.....WCS is trading at a $17/bbl discount to WTI; so if WTI is $68 then WCS is $51/bbl --- WCS is down from over $90/bbl this past Spring
RMP is oil weighted
3Q production: 7300 bbls/d liquids and 5700 boe/d nat gas ---- more than 50% of nat gas is solution gas from oil production --- most of their netback and cash flows is from oil production -- haven't drilled a gas well in several years and primarily focused on oil production from Ante Creek, Waskahigan, and Grizzly well -- drilling a few nat gas wells now but largely due to restrictions related to their Ante Creek oil production
one of the best companies; low debt; self financing and make solid returns at currently low oil prices