Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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... see more

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TSX:WCP - Post Discussion

Whitecap Resources Inc > WTI thru $70

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Post by rascallion on Jun 08, 2021 2:32pm

WTI thru $70

and WCP down .10 Something broken with how this trades

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Comment by masfortuna on Jun 08, 2021 9:56pm

All my oil plays are down. In fact besides Meg, they are all trading lower than they were when oil was at $66. LOL

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Comment by filefish on Jun 09, 2021 5:45am

Yes, the stocks are mostly flat at a time when they should be flying higher. It does not seem to be company specific either. Did oil investors follow the rule to sell in May and go away.? Are they waiting for Q2 reports to confirm the FCF assumed at current PoO? Are pipeline bans and anti oil politics weighing so heavily on oil stocks that nothing but massive dividends will entice new investors ...more

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Comment by BudFoxStox on Jun 09, 2021 10:29am

July WTI price is through $70 but futures price for July 2022 is still below $65... I expect in time the price for future months' oil will rise too. Saudi's might get comfortable selling $70 oil? /CL0M | Detailed Quotes | ETF Channel (energystockchannel.com)

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Whitecap Resources Inc