Sp out of WhackThe lowest sp for Surge in the last decade was in January 2016 at $1.50 when oil was $26, It doesn't matter what the wcs differentials were then. Today oil at $59, over double from then and production 20% higher! Seriously, this isn't right.
I'm glad they don't have a buyback program anymore, Whitecap. supposed to be one of the smartest producers out there recently bought back a million shares at $9, the sp now below $8, that cost them a million bucks alone!