probably not a lot, especially given one of the large superfunds soaked up Shell’s sale in 1 transaction. Probably a lot of demand. Their large stake is probably around 2 weeks worth of volume.
Maybe the Norde’s don’t sell anyway given WPL is predominantly LNG, not oil.
WPL is my largest O&G play by far, however not material to overall portfolio, not phased. Happy to buy more given my lower exposure if opportunity presents.
WPL Price at posting:
$34.70 Sentiment: Hold Disclosure: Held