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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

Post by WINDGOD46on Jan 19, 2024 4:54pm
250 Views
Post# 35836659

Who is this guy KnaveofDiamonds

Who is this guy KnaveofDiamondsIs he a company spokesman, an accountant who took an interest in the co's finances. His metrics seem  to be accurate and it's refreshing our memories where we stand with this co. Interesting is the 700million net cash flow and I wonder if that money goes to debt reduction or shares by-backs. If it's the latter, I suspect the co has something up its sleeve, to raise s/p and probably make an acquisition using both cash and stock. We'll wait and see.
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