Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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

Whitecap Resources Inc

Bullboard Posts

Comment by Cimeroneon Jan 25, 2016 11:12am

153 Views

Post# 24490398

RE:suggestions on WCP ?

forecast123 wrote: Hi: I am new to this WCP bullboard. I am considering buying some WCP but have some questions: (a) any comments as to whether its 0.75 dividend is safe when oil price is at 25 to 30 US$ ? (b) I am waiting for better entry price or my WCP. Any comments as to whether you think of any chance of WCP SP recede a bit back to around 6.7 $ (with closing price on Jan 20, 21 and 22 being 6.79$, 7.10$ and 7.95CC$) ? I am trying to see whether there is any benefit of waiting for a better entry point of say 6.7$ or to grab WCP in the mid $7s...Thanks ahead for ideas and suggestions !

Nope.Another cut on the way.

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