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

<< Previous

Bullboard Posts

Next >>

Comment by mogilnyon Apr 30, 2021 1:21pm

225 Views

Post# 33102098

RE:It's the debt

I don't think it is the debt that Mr. Market is not happy with. The debt/EV ratio is better than industry average and their debt to cash flow is closing in on 1x. I suspect some large share holders are unloading their shares for the past weeks. Maybe it is the owners of Kicking Horse after receiving 30+ million dollars worth of shares.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market