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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 and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Bullboard Posts
Comment by nijinsky70on Feb 20, 2013 9:11am
391 Views
Post# 21014937

RE: Analyst Recommendation

RE: Analyst Recommendation

It's funny that virtually no one on BNN speaks ill of WCP, some even name it their top picks.  However, you have to be disappointed with its SP.  It simply just languish around high $8 to $9.50 and that's it.  My average price is $8.80 and other than the dividends I just received, there is little growth in SP.  This stock in early 2012 was over $10!  What happened to all that promise?  Frankly if that's all I'm getting - a 6.8% yield - I can take my money and do better elsewhere.  

 

I'll wait at least for the YE financial results and 2013 directive before I make the final decision on what to do with WCP.  There are many other better yield and growth stock out there.  So far WCP has been disappointing.  To me anyway.

Bullboard Posts