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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > Where is OPEC?
View:
Post by Olliethegoalie on Nov 16, 2023 10:25am

Where is OPEC?

When will OPEC jump in with another cut? Will they allow the price to continue it's March to $70?
Comment by Citizen13 on Nov 16, 2023 10:31am
Unfortunately the USA has been filling the gap OPEC has left open.  Slowly and stealthly they have surpassed 13 million barrels a day . Didnt hear this from any analyst . All I've heard from these geniuses is shale is in decline and they are maintaining disciplined production . Didnt hear it from Eric Nuttall, ever . Because they are just as much out of the picture as we are. useless ...more  
Comment by tollycraft on Nov 16, 2023 12:22pm
Agreed 100 %.  Things will come back in line.  After every down turn in oil, there's been an upturn. GLTA
Comment by Canoftuna on Nov 16, 2023 12:43pm
So has Canada. Every O&G Co I own brags about increased production. Seems to me they're following the old play book.  Didn't work out well before.
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