Depends!!!!!!!!!! if bullish oil and gas WPL if not BHP (relatively of course BHP has plenty of oil and gas exposure). WPL is the best exposure(absolute ie I am not saying it is great value) to oil on the Aust market.
My opinion BHP. I am not a trader of either of these stocks I would be a buy and hold. I think we have seen the top of the oil prices.
Also BHP can target the best performing resources re prices and allocate resources in that direction to produce more/find more be it oil ,iron ore, copper, gold etc etc etc etc........etc. So it has a natural hedge against a falling oil price..
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