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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.


TSX:WCP - Post by User

Whitecap Resources Inc > Whiny bunch
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Comment by baranjaon Mar 12, 2024 4:20pm
110 Views
Post# 35929156

RE:Whiny bunch

RE:Whiny bunch
Realdude wrote: Oil and gas is down for simple reasons. Too much godamn supply. These guys need way more discipline. Stop drilling so much. Nvidia has crazy sales with very high demand. Oil CEOs need to be fired for their overproduction....


Rubish.  WCP (and any oil company) has also "crazy sales" and paying off debt and making profits  but somehow, "market" is not putting a P/E of 150 linke Nvida, but only 5 or 6.  If WCP was pumped like that it would be $300 a share.  Nvidia has market cap of 2 + trillion dollars, bigger makret cap then  GDP of large number of countries, combined.
They are not even producing anything that the planet needs. just chips for games.
it is sickening.
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