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

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Comment by summerb37on Jun 18, 2019 9:22pm

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Post# 29838253

RE:I wonder if something is up?

I just read a report speculating (based on strip pricing, dividends and E& D spending) that TOG Total Payout Ratio is suspected to be lower than WCP's in 2019 (4% lower) and minimally lower in 2020 (1%) . Maybe other analysts etc have come to a similiar conclusion?? This report didn't include WCP's announced NCIB either, so maybe the WCP's stock is being priced lower to account for a total payout beyond earnings. Obviously, only a portion of WCP's sales are stripped priced, so higher oil pricing would dramatically change its economic context

I don't own TOG

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