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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth 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 DivChaseon May 02, 2024 6:17pm
123 Views
Post# 36020553

RE:RE:RE:RE:What now?

RE:RE:RE:RE:What now?

This is why being a gassey oil company sucks.  Let's depend on something as unpredictable as the weather to try and make a profit.  And what if your guess about hot summer AND cold winter is wrong?
sell it all and reinvest all back in oil.  Much less dependant on weather. Hopefully sell it for what you paid or take a loss, they are loosing money right now anyway.  

my God!  To suggest now they should buy more NG  assets?!'"  Insanity.  See what happens to this stock if they do something as stupid as that. 

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