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 > What's the hold up????

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Post by sunshine77 on Feb 14, 2022 8:22pm

What's the hold up????

Oil hitting over $95.00 /pb and WCPbelow $9.50 WTF!!!!!. Does oil have to hit $150.00/pb for WCP to hit $10.00

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Comment by Indicator on Feb 14, 2022 9:45pm

traders taking profits and hedging long bets by selling for short term pullback if/when Putin calls off the Ukaine pressure cooker. My guess is we have about a 10% Oil price premium baked in.

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Comment by traderbri on Feb 15, 2022 12:32am

Even if oil hits $100.00 a bbl it's not going to move the stock price very much at all. The key to any big improvement in stock value will come on the release of stellar earnings on the 24th Feb, if not we could see a bit of a pull back. Investors are holding their breath hoping that the earnings report is a lot more than analysts are predicting and getting a good push over the $10.00 I& ...more

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