Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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.

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Whitecap Resources Inc > Only in Canada

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Comment by pierrelebelon Oct 26, 2023 4:17pm

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Post# 35702954

RE:Only in Canada

sunshine77 wrote "Earnings go up share price goes down."

Which company are you writing about?

Not Whitecap for sure.

Earnings from last year are down very substantially (Q3 this year to Q3 last year or first nine months this year to last year).

The shares today trade at the same level as a year ago (Oct 26, 2022 closed at $10.74) while the dividend has gone up nicely.

As stated earlier I still like Whitecap and expect the shares to reach $15 but do let your partisan feelings towards the current government blind you to the facts.

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