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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > Consolidation
View:
Post by WINDGOD46 on Oct 20, 2021 12:27pm

Consolidation

The stock is moving sideways and is consolidating. After the news release on the 28th the stock will likely move out of its present range. Funds usually operate on the "show me the money" basis, on facts and not fiction. This is because they operate on strict guidelines set in agreement with the Board. This is especially true about big fund which manage a large clientelle. Of course smaller funds give the manager more leeway, but big fund follow preset guidelines.So, with the good news on the 28th we should expect a move.
Comment by 1970Craig on Oct 20, 2021 2:35pm
Awesome Windgod !!   I think it seems logical.  Would you agree that there is some bias based on the industry priced In here.   Or should I say more than we might even think now ?         I think having whitecap green energy team announcing something like thermo energy using existing wells or buying a wind farm or creating a wind farm or mining for ...more  
Comment by fogduckker on Oct 20, 2021 10:11pm
Have to strongly disagree. You are right that if WCP got into green energy it would be a MASSIVE game changer. MASSIVELY BAD!!! Let Grant and the team stick to what they have demonstrated that they do extremely well...drill wells and produce hydrocarbons. The anti oil sentiment is your best friend. Will any major invest in a big major offshore oil project. Not a chance...in fact Shell has been ...more  
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