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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
Post by Ranger56on May 21, 2014 12:55pm
465 Views
Post# 22582987

Take a look at fundamental comparisons...

Take a look at fundamental comparisons...among oil stocks. Scroll down to see a decent set of performance ratios for several key oil stocks. Very interesting.. I was very surprised to see that LTS beats WCP handily on almost all metrics including debt metrics. According to these numbers the level of debt (debt ratios) is slightly worse for WCP than LTS. The ratio that is roughly the same between the two is the reserves ratio. I admit I have not being following WCP much, but it seems that WCP trades at a good management perceptions premium while LTS trades at a bad management perceptions discount.
These numbers come from Motley Fool article so  if anyone sees any mistakes, or take issue with some of these numbers -- please share.
https://www.fool.ca/2014/05/19/2-key-metrics-for-understanding-risk-in-canadas-oil-patch/?source=c75yhocs0040001


Bullboard Posts