Comment by PabloLafortuneon Apr 05, 2026 2:46pm
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Post# 36956905
RE:Nuttal: buy and hold SDE
RE:Nuttal: buy and hold SDEThe interesting part now is that at these WTI cash prices, the well payback period on these wells is much shorter than before which means growing requires less capital. (as their working capital will turn over much faster) Which means they can grow more. Only thing is the hedges arent that attractive right now so you can't make long term commitments but who knows what happens to 2027 oil prices if this war continues much longer.
I was in on Spartan a year ago. I was a little reluctant at first because most of the production was from the Deep Basin but after those Duvernay well results came in and the pace at which they were acquring Duvernay lands, I knew this was a no brainer given the stellar management team. Lucky me (I did share my thoughts a few times on this forum back then LOL).\
I do think its a little cheaper than Paramount but Paramount is also a good play (pays a dividend too) because its alsways good to have $$$ in the bank in this industry and this world we live in.