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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 Citizen13on Feb 28, 2023 1:53pm
152 Views
Post# 35310330

RE:RE:Nuttall Comments

RE:RE:Nuttall CommentsI would disagree with the intel part. No company is going to give anyone the real juicy news. This is a guy who thought the run of 2014 would last forever and did not see the overproduction coming at all. How can you be in constant communication with CEO's and NOT see that horrific black swan event coming ?  I remember the day he said CPG would be a $ 60 stock in no time. I agree the $ 22 is silly. Unless oil goes to $ 250 a barrel and stays there for 3 years because they completely lock out Russian barrels. it is definitely not going to happen in 12 months. I would say $13 this year and maybe $ 15 next if nothing traumatic happens . Putin throws a nuke and we go to zero along with the entire market. 
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