Whitecap Resources Inc SPGYF

US oil production growth to slow more than expected in 2025:

[spurwing2]

https://www.bnnbloomberg.ca/investing/2024/10/08/us-oil-production-growth-to-slow-more-than-expected-in-2025/

[Citizen13]

Predicting oil supply is like looking into a black hole. Clueless nonsense . 2025 needs zero growth in production . Growing 2.4% in a 1% demand growth market is stupid. The issue is private producers dont need to answer to investors. Show me a result and I'll show you an incentive . Nuttall didnt see the massive growth shale has accomplished the last few years and it's his full time job. &

[Anschutz]

The issue in Canada is that in the absence of a decent return, investment in the sector will continue to decline. When GICs are paying almost the same as the dividend, combined with a shareprice that goes nowhere in a year, the stage is set.  Unless company management and boards get their sh!t together and realize this, I predict we will see the oil & gas go the same way as junior mining

[barneyj44]

I was getting over 5 % on a 1 year Gic in the summer, since then under 4%. Still think the risk reward is good with Whitecap. It is wise to trim some every now and then.

[meritmat]

Interest rates keep coming down so everyone can forget about high paying GIC'S Ill take my 7% return on this bad boy.  NGL going to take off next year when that plant comes on line so there has side will start making a bunch of profit.  Bunch of div dumped into my accounts again today.   Bought more wcp/arx/tpo/pey