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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 tollycrafton Oct 27, 2022 9:32am
218 Views
Post# 35052668

RE:RE:We wait for divvy increase...

RE:RE:We wait for divvy increase...
barneyj44 wrote:
I didn't expect a dividend increase this time around. They want to get the debt down to a comfortable postion (mid 23) then more money flows our way.

  Dont get me wrong, I do think it's a good report however,I did expect some sort of increase or special dividend, so I'm not happy.  I'm getting  tired of hearing "On behalf of our employees, management team and Board of Directors, we would to thank our shareholdersfor their support".  We have all the risk here, we deserve better. I would just be curious about what management gets for bonus based on this report.  I know WCP will do well, and well aware that if oil continues to hold we will be rewarded, and further this company could still profit at $45.00 oil.  But don't forget what happened to energy in March 2020, who seen that coming. I'm a believer in, if a company has good cash flow the shareholders should be rewarded for their risk!!  After having  said that, I dont anticipate I'm going anywhere yet but I would be interested in what management received.  My  2 cents worth. 

GLTA
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