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 > Back to 9$

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Comment by DivChaseon May 01, 2024 6:08pm

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Post# 36018351

RE:RE:RE:RE:Back to 9$

7$ not likely. 8handle. It's absolutely possible and I'm sure despite all the bluster, you all know it can happen quickly. Heck it's only 10% away. Look how fast it's tanked in the last week. My target to get back in is low 9's. that will get me the 8% div target. It will probably still be a laggard but at 8% yield, I can accept that. Especially after making some capital gain on SU since I sold WCP. If I'm wrong. Oh well. I'll just put it all back in an oil major.

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