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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 > I had to create a profile
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Post by Littlebabbybum on Mar 12, 2024 4:14pm

I had to create a profile

Couldn't think of a username.  My baby was watching littlebabybum at this time. WHY NOT?

I would like to start discussion on why do you think this stock took a different path in October last year.  WCP tracked CNQ for years.  One could fantasize they were like peers.  Now they seem to track along with BTE and VET and the like.  This last 5 months are just terrible.  WCP is at the bottom of the pack this last 6 months to a year even.  I've owned this for years but not sure how much more of this I'm willing to bear. Dividends mean nothing if it doesn't keep pace with others.  Even taking div into account, this stock just stinks of something is wrong.   Please comment about this issue.
Comment by Citizen13 on Mar 12, 2024 4:32pm
WCP is not much worse than all its peers.  It hit a high around $ 11.80 at WTI $ 94 . We are at $ 77. Not sure why so many people are concerned about comparing a stock to its peers . Envy serves no purpose . If there is any reason, I'd say it's that they got gassier recently . If they keep buying back shares and reducing debt  we'll be fine.  This will obviously be a ...more  
Comment by Littlebabbybum on Mar 12, 2024 5:00pm
Stupid would be not concerning yourself with how your investment performs now compared to before when it's clearly underperforming.  And not comparing to other similar oil companies is incredibly stupid.  So you can just keep on farting yourself or smarten up and not be such a rude jack......
Comment by Littlebabbybum on Mar 12, 2024 5:17pm
I retract.  I reread your message baby crawling all over me .   I overreacted.  I do think, however, one has  to compare how your stock is doing its.   So I don't agree with you on that sense.   As for the last part, I agree with you completely,  
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