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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 Poffo99on Jul 09, 2019 2:31pm
125 Views
Post# 29900331

RE:RE:Even in the middle of the driving season

RE:RE:Even in the middle of the driving season
Low volume in recent days so not really concerned. WCP budgeted year @$55 WTI oil and hedged 42% well above that price. Turmoil with Iran will bring WTI above $60 again soon. Debt being paid down, stock buybacks, lots of insider buying an a secure 8% dividend....Whitecap is on sale and will surprise next earnings!!! I've loaded up with more shares and happy to average below $4.50 a share.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities