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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 777Vegas777on Sep 15, 2019 12:10am
151 Views
Post# 30127909

RE:CNBC - Oil Could Rise $10 Dollars on Saudi Drone Attack

RE:CNBC - Oil Could Rise $10 Dollars on Saudi Drone AttackIt looks like most analysts are calling for oil prices to spike on late Sunday/early Monday by a minimum of $5 dollars per barrel up to $10 dollars per barrel. Curious to see the reaction by a company like Vermilion that was driven down in share price largely by completely unfounded dividend concerns. With even a modest spike in oil those unfounded concerns move beyond unfounded and into the realm of fantasy. So we are left with a financially solid producer thats globally diversified with a safe industry leading dividend of nearly almost 13%. Not only is Vet now infinitely attractive from a long investment perspective, its also a shorters nightmare with both massive share price growth potential and an outsized dividend as well. Looks like we are in for one hell of an interesting week. As always GLTAL
Bullboard Posts