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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 > Maybe seeing a liitle upside !!??
View:
Post by Readytojump on Nov 13, 2023 12:27pm

Maybe seeing a liitle upside !!??

With some help from Goldman Sachs 
Goldman Sachs Sees 31% Returns For Energy Over 12 Months | OilPrice.com   

They probably loaded up and ready to start pumping again !!!!!
Comment by Citizen13 on Nov 13, 2023 12:49pm
31 % you say . Not 29%  ?  LOL. I saw an article on the Feds historical " predictions" the other day . I should have saved it but it basically showed they have been shockingly wrong almost 100% of the time . One was that the sub prime mortgage debacle  wouldnt affect the general market . The latest a few years ago was that interest rates would remain very low for a long ...more  
Comment by Readytojump on Nov 13, 2023 2:28pm
Anything is possible.... looking back in history !!! Back in WCP's early days the stock went from $2.00 in 2004- $12.66 in 2006 (actually 16 months). If my math is correct that is a 525% UPSIDE !!!.... someone made some SERIOUS $$$COIN$$$ if they were LONG !!!  NO Monthly Dividends were paid out till 2013. The 20 yr chart basically looks like the Canadian Rockies from then to now.  ...more  
Comment by Citizen13 on Nov 13, 2023 2:54pm
i'm sure you realize we aint in 2004 anymore  Toto.   The planet is being run by woke folks with little commomn sense and no plan to achieve their goals and feel the only thing we need to be concerned about is the climate . This while the world is teetering on the edge of falling into the hands of evil murderous dictatorships. These stocks are toxic waste to most big funds. That was ...more  
Comment by luckyturtle on Nov 13, 2023 3:37pm
You sound like a short trying to get people to sell LOL
Comment by Citizen13 on Nov 13, 2023 4:16pm
Not at all. I am long baby , very long.  It just bothers me when really important facts are left out . It's good to be realistic . Unfounded optimism is not a great basis for investing .  It is found in knowledgeable folks like Eric Nuttall as well as not so clued in people.  His claims of doubles are cringe worthy .  Lots of othe analysts on BNN and CNBC do the " and ...more  
Comment by Readytojump on Nov 13, 2023 5:55pm
with regards to Eric Nuttall.... again looking back in history.. if I remember corretcly that is. Eric was invested in and promoting the Canadain Energy Sector during the last boom....till things went sideways and down the slippery slope in Canada !!! I could be wrong BUT he seems to know when to fold them so to speak and get out while the gettings good...or is it pure simple luck ? IDK . Having ...more  
Comment by Readytojump on Nov 13, 2023 4:48pm
oh geeez thanks for the slap in the face and bringing me back to reality Citizen13..... much appreciated !!! Not quite sure why you're in the stock market if these are your bleak views!!??  Maybe you should be thinking about digging a bunker somewhere in the back 40 and stocking the shelves  ....... lol  IT's NOT TO LATE to SELL those shares ,,, let someone else worry ...more  
Comment by Citizen13 on Nov 14, 2023 8:08am
You're welcome. Might want to look into getting some anger management help.  If you think there is enthusiasm in this sector , well I cant help ignorance.  You can lead a horse to water....  If oil companies were labelled AI or Tech the share price of WCP would be 5 times what it is now.  But keep up the optimism . I hope you're correct and i'm wrong . I also hope ...more  
Comment by Readytojump on Nov 14, 2023 10:12am
Like I said yesterday.... this may not be the right sector for you. You don't seem to have too much faith in it.  OR MAYBE your SHORTS are getting a little wedgie !!???  IDK  How about  looking into some Artificial Intelligence ...... Companies and put your money were your mouth is !! The TECH SECTOR  might be a little more comforting for you .... judging by your ...more  
Comment by Anschutz on Nov 13, 2023 6:16pm
The difference then vs now is that we're contending with NGOs and the ESG agenda that has caused billions of $ to vacate the sector.  The only way I see investment funds return to the sector is IF companies give reason to do so. Paying significant dividends greater than low risk GICs is the what will force many funds to return.  It's the same strategy the tobacco industry used.& ...more  
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