Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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

Whitecap Resources Inc > Added to TFSA today

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Comment by pierrelebelon Feb 09, 2023 4:21pm

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Post# 35278167

RE:Added to TFSA today

ziggy1410 wrote "Added to my TFSA just now..."

Everyone should hold some WCP. I am curious why you put your shares in your TFSA.

My wife and I hold a fair amount of shares in WCP and hold them in our taxable investment account. As such the "dividend tax credit" lowers our income tax.

We use our TFSA for dividends, distributions and interest not eligible to the "dividend tax crdit".

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