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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Whitecap Resources Inc > Great numbers

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Post by buylow on Apr 28, 2022 10:32am

Great numbers

Sadly market doesn't like it. Lots of money going down into the ground. No divi increase, lots of buybacks to go, debt down, maybe should reduce rigs and return more to shareholders. Omg. 17 rigs, Really need that many. This is what you get, when you keep pushing CF into the ground.

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Comment by pierrelebel on Apr 28, 2022 10:44am

"Sadly market doesn't like it." ??? The results for Q1 are good, very good, but were already discounted by the market and priced in. Some traders expected another dividend increase - two months after the last one was announced. That was not realistic. Give it a few days and trading will settle around $11.00 per share - assuming WTI remains around US$100. Patience will be ...more

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Whitecap Resources Inc