Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Cardboard1on Oct 21, 2019 11:21am
105 Views
Post# 30251183

RE:RE:RE:RE:RE:WCP CEO Grant Fagerheim REMARKS On 'Alberta SEPARATION' ????

RE:RE:RE:RE:RE:WCP CEO Grant Fagerheim REMARKS On 'Alberta SEPARATION' ????
Totally disagree with you on M&A especially for a company at WCP size. This company is plenty big to be efficient and synergies are meaningless.

M&A or managing a larger empire is how these CEOs and CFOs try to justify large and growing salaries.

What is needed are smaller executive teams with lower salaries as the need now is to cut cost and be more efficient: no need to expand, merge and do complex transactions which always come with an army of "helpers".

No need for M&A bankers charging a fortune to come up with nice Power Points and justification on accretion and what not. This "old boy club" is a big reason as to how we got into trouble with everyone agreeing to scratch each others back while shareholders eat crow!

A private equity mentality needs to take over here so that money flows to all its rightful owners and not just a few at the top owning a tiny percentage while receiving large salaries removing any wipe-out risk.
Bullboard Posts