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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
Post by tradewindsblowon May 12, 2020 10:58am
147 Views
Post# 31016719

Getting annoyed

Getting annoyedSold half and put the money into Parex. I didnt have the nerve to sell it all as it looks coiled ,but come on how frustrating is this name. Even Nuttal sold it to buy gas names like Arc , Tourmaline and Advantage which isn't saying much as he changes his mind weekly, 3 months ago he said sell those same names. He needs long shots in his portfolio being down 80% means he needs 400 % return to break even. Most funds have a down 50 % sell all rule for this reason.
Bullboard Posts