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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > decarbonization .. WCP HAS IT
View:
Post by Moremoney4u on Feb 03, 2022 4:51pm

decarbonization .. WCP HAS IT

WCP HAS THIS. BLACKROCK, the worlds largest , I MEAN LARGEST, fund manger in the world, has a article, which makes a very strong case for companies who have programs which reduce the CARBON FOOTPRINT. THIS makes them VERY valuable, and REALLY at this point NOT appreciated. THE   value of having such programs, first of all, is NOT yet, fully reconized by our own govt. they have not put a VALUE, OR GIVEN ANY tax break, WHATEVER,  on this EXTREMELY VALUABLE PROGRAM. BLACKROCK FEELS it very much un- appreciated, and the value is yet to be discovered, and determined . DIAMOND IN THE ROUGH.
OUR govt is determining , how to provide an incentive and reward companies who have such programs. ITS BECOMIMG MANDATORY. WCP IS WAY WAY WAY AHEAD OF THE CURVE. 
THE value is huge, stock price, target is 16.00 $$$$$ bring it on.
Comment by 1970Craig on Feb 03, 2022 5:26pm
Just read that Money. !!  You are so correct !! Simply put that BECAUSE WE ARE SO UNDERVALUED , we not only get the uptick Higher commodity prices present , we get the RESPECT FOR BEING A NEGATIVE CARBON EMITTER.       Barney , your bang on brother !!  Those Pay pals , Spotify , ext.........   heck they will spin it as , we want clean energy , so we felt it ...more  
Comment by Moemoney42 on Feb 03, 2022 5:44pm
The reason WCP isn't getting any respect for their CCS facility in my opinion is the Feds don't think its a true decarbonization if you use CCS to produce more oil.. so WCP might never receive the true value from our useless Federal Gov't.. IMHO
Comment by 1970Craig on Feb 03, 2022 6:56pm
You are right.  That is the issue.  I think Raymond James said that the Provinclal Government will likely step up.     Either way it was bad news then that announcement was released re Carbon Recapture in existing oil plays.      So this leaves us to wonder why would Federated Co Op or the others recently sign Memorandums if there was no benifit.   Is ...more  
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