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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

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Post by traderbri on Mar 16, 2023 10:25am

Dividends

A scary thought.
With the serious slump in oil prices, what is this going to do to future dividend increases??
Cheers
Comment by pierrelebel on Mar 16, 2023 2:10pm
Nothing to worry about.  The dividend will be increased in Q3 as expected once the lower debt target is reached. Patience will be rewarded (even if it comes a month or two later than first expected).
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