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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Comment by 2021Gambleon Jun 29, 2021 4:34pm
156 Views
Post# 33467782

RE:RE:Day traders are losers on steroids

RE:RE:Day traders are losers on steroidsi agree Barneyj44.  Fortunate that I got in at 1.32, so this has been quite the ride - and it isn't done yet.

Just imagine a monthly dividend increase - and keep in mind the pre-covid dividend was .342, so we are just leaving the 50% reduced amount with the recent increases....

Add to that 3 acquisitions, including TOG that pre-covid would pay a 0.30 dividend.

To me, that makes the future, very, very bright, or even brite.

Weak, or shaking of tree - doesn't matter to me - while some use "yield", I much prefer to do Rate of Return calcs.....and the ROR on WCP is just going up over the next 3 years.

As for news.  What is your preference?  Another Dividend Increase? Revised production targets? ESG update?  All of the above?

barneyj44 wrote: $1.50 to $6 in a year isn’t too shabby if you managed to catch the bottom. Many longs are in around the $8 range so don’t have the big profits other then the dividend payments and maybe some capital gains if they happened to have averaged down. You can’t argue that the stock has been weak lately, we need some news Grant.


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