There's an interesting AFR from article from around September 13th stating how undervalued oil stocks are at the moment and possible reasons why. Eventually the market will have to come around to it. Oil should easily hit $90 in the next few weeks unless something dramatic happens. WEL maybe not as high impact as other oilers but the share price has barely budged despite their relative success. $18 million MC still seems very low.
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There's an interesting AFR from article from around September...
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