Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Re: re : trading volume 9.9 million
View:
Post by Rocket101 on Jun 01, 2022 9:38am

Re: re : trading volume 9.9 million

I find it really bizzare. Most oil and gas companies are making tonnes of cash with oil at 117-118. But I keep looking at the price action and most are in a trading range. What is this saying? Is it saying that share price anticipated good earnings and price is now reflecting the results? Why are these oil stocks stalling with oil at 117.00 barrel. Go figure ! Or is the smart money positioning for a global recession. Very strange. 

jmho

Comment by Zaccar1 on Jun 01, 2022 9:57am
the stick market is a barometer of the future, not a thermometer of the current. The future is full of economic uncertainty. Therefore markets price in the risk and uncertainty. Jmho
Comment by Citizen13 on Jun 01, 2022 2:32pm
Theyre making tonnes of cash to pay down debt and do buybacks.  The dividends to shareholders are still piddly . When they reach their goals and actually give us lots of money these will all rise rapidly . Right now most guys are also anticiating these crude price leveks will drop so theyre gun shy. Unless Putin is assasinated and the Russians become a fair democratic society (LOL) , they are ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse