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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

Comment by WINDGOD46on Mar 10, 2022 2:08pm
229 Views
Post# 34503834

RE:RE:The Last Supper

RE:RE:The Last SupperThis stock and some of its peers are coming out of eight or so years in the doldrums. It will take some time to shed their tainted name and back to the glory days of 2008. At this WTI price back then this would trade at $16 or higher. Today it's struggling to stay above $9. But since then a lot of things have changed and slowly but steady it will get back its crown, I believe. The present management is doing the right things and by the end of the year this stock will be in the teens. This bull market in oil will last for quite a while, if we do not go into a recession.
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