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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 1970Craigon Apr 15, 2022 6:18pm
417 Views
Post# 34606982

RE:RE:RE:RE:April 28th 2022- Q1 earnings report

RE:RE:RE:RE:April 28th 2022- Q1 earnings report

Isn't that announcement a BEAUTIFUL THING !!
 It's worth posting every and again. Good reminder of how excellent the management have managed things .
  We have doubled the production , lowered debt substantially, and have massive massive ability to squash debt and do share buy back  
    When one thinks about all the drill locations we picked up with Torq , NAL , kicking horse,  not to mention the bolt on purchases , at each of the three primary Whitecap producing areas . This is all very good , but to make it even better they actually during this period have become a Gas , LNG player with Kicking Horse   

     Ifs been said by the more stable personalities on this site , that just sit back and watch , have patience  
    

    These guys , weather it was a bit of luck , or skill  did everything in hind site absolutely PERFECT !!

    Going to be a fun earnings period  , and I could be wrong , but we had a couple of bearish weeks in oil , and we came to reality with the price of oil , but now we are in a  bullish trend , and this trend totally happens to coincide with there earnings release    

   Would of been exciting anyway , but it's got the Potential to run a ahead of itself a bit  .  

    C 

     

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