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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
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Comment by Moonshiner592on Mar 09, 2020 4:37pm
177 Views
Post# 30785247

RE:Sold My Shares Last Week At A Huge Loss

RE:Sold My Shares Last Week At A Huge Loss
bonjovi501 wrote: and put them in TOG which is taking a whopping. Should have stayed in cash but these oil price war was not in the cards. No winners today in oil but a lot of losers. I expect another 2 days of big sell offs and if we should happen to see a pop to the upside might be a good idea to sell into the rally and buyback on the next dip.


.. I want to buy in myself ... but afraid to at this point .. for reasons that you described above... I'm worried about them cutting the dividends ... and this 'war'  breaking out further ..and getting worse.. if those happen - in that sequence ... could WCP turn into a penny stock (ie. sub $1)? 

Bullboard Posts
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