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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 Canoutchieon Feb 21, 2024 8:48pm
162 Views
Post# 35892266

RE:RE:RE:Don,t understand !

RE:RE:RE:Don,t understand !I'd also have to agree. 
Historically Liberals were centrists, but Justin Trudeau' and his leftist pack of socialists have steered Canada's economy further and further to the left, a fact which hasn't gone unnoticed by the investment community.

It's not just oil and gas, although it's no secret that Justin and his little mini-me Guilbault have a special hate for this sector; but just listen to the comments that the CEO of BCE had to say about our anti-business, heavy on the regulation Liberal government following their recent earnings release earlier this month. 

And, while Liberal koolaid drinkers will chalk the BCE comments up to "corporate greed" perhaps they should also look at a chart comparing Toronto's TSX index to the S&P500 or the Nasdaq. The underperformance of Canadian stock indices is quite pronounced ever since Justin Trudeau became prime minister. 

As soon as Justin and his clowns are removed from office then I have a hunch that many stocks on the Toronto Stock Exchange will start performing a lot better, not simply just the oil & gas stocks.

Anschutz wrote: Agree.  Over the last 3 years I have seen many businesses fold up shop and move out of Canada.  Most have migrated to the US with a couple now operating out of Mexico.  Canada is having difficulty retaining investment, let alone attracting new investment.

lashing wrote: 100% ... its not a business problem its a government problem. And that problem rules without any checks/balances in Canada. Until that changes why would anyone want to invest here? 

I dont even want to run a hotdog stand in this country right now. 





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