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

Post by northcoaston May 16, 2017 9:31pm

144 Views

Post# 26252825

NCIB (Fat share buyback is a strong move)

This is one of the best managed companies in the energy sector. The announced buyback move is consistent with WCP goals to provide more value for the shareholder. The company is quite undervalued, trading at a large percentage under book value. With oil price volatitlity this is a great way to show confidence and bolster the value of our shares. The buyback will also improve our EPS and provide a nice bump in share price periodically. The management is timing this NCIB perfectly. I have a lot of confidence in this move and think this is a perfect time to buy in to WCP.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?