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 > A dog is a dog regardless of its name CPG - VEREN

<< Previous

Bullboard Posts

Next >>

Post by MyHoneyPoton Apr 26, 2024 11:21am

204 Views

Post# 36009458

A dog is a dog regardless of its name CPG - VEREN

I look at CPG and with almost 4 billion in debt and comparable production to WCP

CPG market cap 7.6 Billion almost 4 Billion debt 200,000 boe
WCP market cap 6.5 Billion almost 1.5 Billion debt 175,000 boe

CPG 11.6 billion - WCP 8 billion enterprise value

CPG has questionable management and it will take them a long time with Eric Pounding on share buybacks to meet its debt target.

I think these is a good reason to buy WCP, and the cost of carrying all that debt. Also CPG is about 45% more expensive in terms of enterprise value.

IMHO

<< Previous

Bullboard Posts

Next >>

Why this low-cost natural gas stock is missing in your portfolio