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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 Citizen13on Mar 12, 2022 9:04am
391 Views
Post# 34508776

RE:Globe & Mail

RE:Globe & MailI watched a video on BNN where the guy said company share buybacks dont help them.  What ?  Also that they're buying at too high levels. High levels ?  Yes,  ideally Grant  should have bought the entire float at $ 1 but at $10 it is still a raging bargain.  Some of these investment journalists are not well informed but this guy was particulalry fatuous.  A stock that was beaten down 95% that then appreciated can still be a dirt cheap stock. 
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