Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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 and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.

TSX:WCP - Post by User

Whitecap Resources Inc

Bullboard Posts

Comment by Gashole1on Jun 15, 2016 7:50am

229 Views

Post# 24966427

RE:Once the darling - now the laggard

The problem here is your not buying a stock that has been beat down 95%. Your buying a stock that has been beat down 45%. All time high is less than $19 and its trading at $10. If you think its going to go up to $15 overnight it wont. It needs $70 oil for that. BTE can still double and be down 75% off its highs. WCP is a safer play with a dividend, and if oil goes back to $40 it wont drop that much but others will.

Bullboard Posts

Three mispriced stocks exposed to major market tailwinds