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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

Whitecap Resources Inc > This has turned into a real dog
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Post by barneyj44 on Feb 14, 2024 1:01pm

This has turned into a real dog

over the last few months, a real lagger on the way up and quick to sell off. Sure hope Grant has something positive to say come quarterlies.  It's been a real dissapointment as dividend isn't keeping up to capital erosion... Are investors moving to more torquey names?
Comment by meritmat on Feb 14, 2024 4:03pm
Glad I bought more lol 
Comment by barneyj44 on Feb 14, 2024 5:38pm
Most likely a good buy Meritmat, I on the other hand have too many underwater shares as it is in my one account. Amazes me how poorly the share price has been trending compared to others I follow. A poster mentioned we may be to gassy now with the addition of the Montney assets. What is a hindrance now could turn into the goose that laid the golden egg once Kitimat starts to ship NG to Asia. 
Comment by meritmat on Feb 14, 2024 6:29pm
Ya true I get tired of good buys lol my accounts are filled with them.   Just bought at wrong time(
Comment by riski on Feb 14, 2024 9:52pm
Gassy names can be frustrating. NG prices can tank fast and stay low for long periods of time. It seems like NG is red or flat a lot. That's why I sold this at the time of the XTO acquisition. WCP became a gassy name and I've owned those before and didn't like the fragile NG market. I did like WCP when it was an oily name. On the other hand, if we do get a strong NG pricing uptrend ...more