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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 Wildfuryon Apr 20, 2022 2:36pm
205 Views
Post# 34617441

RE:HUGE UPSIDE - NO ONE IS TALKING ABOUT THIS ?

RE:HUGE UPSIDE - NO ONE IS TALKING ABOUT THIS ?
Craig, the less they talk about it the better. Whitecap shares are in accumulation mode, up this morning then down under $11.00. Don't be fooled by the SP seeming flat at times, Grant is buying as I write this because next week the corks will be popping on their best quarter ever. Quarter #2 will be even better with less debt, don't forget, the debt will be $800 Million or less. The less funds being directed to debt repayments the more earnings will be. As for your chart, are you sure about the 120, 000 bpde? As for as my data shows 132,000 bpde. They could very well be reporting another acquisition next week and expect this to cross the $12.50 SP by Friday April 29th 2022
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