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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

Post by uogradon Feb 05, 2021 8:54am
98 Views
Post# 32482113

we need a little giddy up in our step here

we need a little giddy up in our step here5.21 is a joke given the run in crude the last few weeks.  Not sure if the market wants some more accurtate direction when the next buyout is completed in the next couple of weeks or what.

In any case they are blowing the door off their cash flow projections in their budget so we just sit and wait

shell bumped their dividend again yesterday so nothing stopping wcp from increasing their dividend from the already increased number previousily announced.
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