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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is a Canadian clean energy 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

Bullboard Posts
Post by MustangMatton Dec 17, 2018 2:11pm
130 Views
Post# 29125028

50% retracement

50% retracement50% fib retracement for those tech guys out there I was saying $4.11 well we are at $4.12 which is close enough for me.  

Folks need to do some homework on the fed transfer payments.  Alberta can't with hold Federal taxes. Alberta pays high federal taxes because Alberta pays high average wages.  

If you want to lower what Alberta pays to the feds you need to have lower wages in the province.  In quebec this is done through socialism.  The government taxes you and they pay for some of the services so you don't pay it directly.  

The one thing positive about Little Turd is some folks are getting an education.  Cheers Matthew
Bullboard Posts