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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 jimgeorgeon Jan 22, 2024 4:09pm
240 Views
Post# 35839639

RE:Jim George do you have any comment

RE:Jim George do you have any comment Hi Dave, I have thought long and hard about this question of yours.  I think it will be hard for WCP to do another acquisition at this time - their debt is just now looking good.

But here's the thing - it doesn't matter to me if they do or don't make an acquisition.  I trust Grant and his team.  You have to be in love with your management to be long on any oil stocks.  So I own WCP, TOU, CNQ and CVE.  I'm in love with all their management except CVE, I might let some of that go if it gets up to a reasonable price.

So go ahead and own WCP, be along for the ride!

Jim
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