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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 > Oil and gas sector
View:
Post by baranja on Mar 08, 2024 10:39am

Oil and gas sector

I dont' know about anybody else, but tired of this oil and gas sector attacks and suppressions, and when you see something like NVDIA, pushing 2.5 TRILLION USD in market cap, with SP 950, with P/E of 150 and all they do is design video chips, a products that people can absolutely live without.
Gut wrenching.
Comment by Anschutz on Mar 08, 2024 4:47pm
Yeah it's disheartening.  Saw a segment this morning.  Woman from an investment firm was commenting about nvidea.  Question was asked about a stock split.  She said she'd absolutely support it, along with anything else to push the stock price higher.  This is what's wrong with investment analysts and fund managers.  They no longer look at investments ...more  
Comment by Citizen13 on Mar 09, 2024 7:56am
A lot of people including Warren Buffet liken it to a casino.  IMO its a lot more like a pyramid scheme .  Find a fool greater than thou whose willing to pay outrageous premiums for the stock. It will all come tumbling down one day , as it always does . It can stick like you know what for a long long time though. I remember being in a cannabis investment forum telling them it all makes ...more  
Comment by liljohnnyjoke on Mar 09, 2024 9:57am
look what happened to Petrobras Friday https://oilprice.com/Latest-Energy-News/World-News/Petrobras-Skimps-on-Dividend-Market-Value-Plummets-By-14-Billion.html
Comment by Anschutz on Mar 11, 2024 10:31am
Petrobras statement according to JPMorgan... “Investors should expect only minimum dividends for Petrobras,” pointing out that the routine dividend only represented a dividend yield of 8.1% for 2024—a figure that was “substantially below that of peers that typically deliver returns in the low teens,” Canadian E&Ps need to take note... to attract foreign investment and firms, the market ...more  
Comment by Citizen13 on Mar 11, 2024 2:28pm
I dont think anyone who can invest in our industry is shy to do so. It's the ESG zombies who CANNOT invest that is the issue . They are never coming back . The trader who does so against their policy would be fired immediately . They're apparently afarid of the backlash of purple haired unemployed folks at the Sierra club . A bizarre phobia that I cannot find an answer for . The new ...more  
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