Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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

Whitecap Resources Inc > It's the debt

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Comment by Moemoney42on Apr 30, 2021 1:04pm

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Post# 33101963

RE:RE:It's the debt

Moemoney42 wrote:

downtozero wrote: WCP increased debt from 1.27 to 1.54 billion in the last year while others have been paying down debt. Mr. Market doesn't like increasing debt from oil companies. WCP won't jump up until they show they can get rid of that debt.

But you have to remember that increased debt is due to the purchase of TORC... the debt increased, but so did FCF and production numbers.. ;-)

Oh yeah I also forgot about the NAL assets earlier.. ;-) More FCF and Production.. ;-)

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