RE:RE:RE:Wcp to bteRoughly speaking. It's not an analysis that needs study with a slide rule and calculator. This is a market after all, and markets don't behave in a linear fashion. So you can put away the calculator.
Leverage names will always have more movement up and down with changes in WTI. Higher beta. MEG and ATH are other good examples. There is more opportunity, but there is also much more risk.
1001001 wrote: So jan31 2020 oil was about 51$. Your saying WCP sees a 20% gain is SP witha40% gain in WTI. IGNORING acquisitions entirely, your position is WCP is presently fully valued?