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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

Post by 1970Craigon Nov 17, 2021 3:05pm
216 Views
Post# 34137604

Why you own WCP

Why you own WCP

  We have share buy backs today IMHO.  However why you own WCP is today.   My accountant always says today is a snap shot in time.   There will be day where you will say I am the smartest person in the world for owning this stock.  To be fair this goes with most stocks . 

     I think the difference here is the balance sheet , the aquistions , and even Carbon Sequestering are not even close to being valued in.      People that day is yet to come.     I am a broken record to.  But every day we are in this price range for oil and gas is another day locked in to this Q.    This Q and it's anticipated release prior to RRSP season,  the " PLACE YOUR BETS SEASON " is where I see the beginning of these days I am talking about coming to fruition.  

    I am long ,  I have a target price to sell.  I am happy to wait and as long as we are above 45 dollar oil I won't worry about much.   It's boring but i am the Turlte and in my life any money I made quick I either lost it quick or spent it quick.  The long money seems to stick ? Maybe it's because I earnt it , and didnt fleece Someome for a few penny's every day.   Get a shovel and go to work.  

     Oh , I just got emotional !! I guess that's why I don't day trade. !!
    Craig 

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