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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 orlandoflon May 22, 2019 8:10am
114 Views
Post# 29762981

RE:Anyone Concerned?

RE:Anyone Concerned?
AlanMarshall wrote:
I would have thought we would have started to reverse this downtrend by now. I have been looking at this other stock but dont know if I should just hold this instead. Thoughts?


I was too heavy in the last few years on oil and paid the price for that - I lost in a huge bull market - now I am more diversified, kind of, but I think the downside on this is pretty minimal unless oil nose dives and the upside is pretty strong - - very likely a 50% upward move and maybe a double or mor

buying some other stocks looks good now as well especially with the dip, but having a positon in oil as well is good if you can do both - some of the chineese stocks have been beat down if you have patience and can wait - companies like BABA, etc.
Bullboard Posts