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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Comment by TickerTwiton Jul 15, 2015 1:46am
93 Views
Post# 23924881

RE:comparison

RE:comparison
topchedd wrote:
[...]
if anyone has a reason(s) for the current sp other than the price of oil I would be happy to hear. My research hasn't turned up much ..is management well known or is it being run by and equity group. Any info appreciated.


I'm no expert, but I think it's oil price. NBZ mostly produces a heavy oil which trades at a discount to WTI, so when WTI price drops, NBZ's revenues take a bigger hit than producers of lighter oils.
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