Whitecap Resources Inc T.WCP

Saudi might cause temp pullback, but here's the pitch . . .

[Indicator]

FWIW . . . Nuttal's pitch:

"With the backdrop of normalizing oil demand, the imminent exhaustion of OPEC spare capacity, years long insufficient investment in long-cycle offshore projects, and the end of U.S. shale hyper growth the backdrop for oil is overwhelmingly positive and suggestive of meaningfully higher prices in the years to come."

https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-the-fog-of-energy-ignorance-is-clouding-a-generational-investment-opportunity

[Moemoney42]

I absolutely agree with that premise of higher oil prices for years to come.. ;-)