whitecap is a 10 buck stock disguised as a 5.52 priced stockit may take a little while as the fund managers to and fro with some owning too much whitecap/torc and some not owning enough
However this press release just confirms in a world where some stocks trade at 30-40 times sales, you will never go wrong with a cash flow generating beast.
it may not be sexy but the balance sheet here which was already the best in the industry just gets better and better every day.
still would like to see a bump in the dividend but if as they say they hit their debt reduction target by the end of q1, we might get a bump in q2.