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Veren Inc. (VRN)
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Tourmaline Oil Corp. (TOU)
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Whitecap Resources Inc. (WCP)
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Kelt Exploration Ltd. (KEL)
Q: Hello 5i, I have a 5% position in each of above companies and I am down over 40%. I am prepared to be patient for another 8-12 months, but with WCS selling per barrel at less than the price of a beer, will these companies survive? what is their debt to equity ratio? Is it time to bail out now? depending on your assessment which one would you consider safe to keep?
Thanks and be well!
Carlo
Thanks and be well!
Carlo