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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

Comment by WINDGOD46on Jul 18, 2021 6:19pm
133 Views
Post# 33567285

RE:RE:Whitecap shares had months to go up /did reach their peak

RE:RE:Whitecap shares had months to go up /did reach their peakWcp has budgeted on a $60 WTI and unless the price goes below the 60 dollars mark, no need to worry or sell your stocks. At $70 WTI WCP will be making a ton of money and with their extra cash flow they will be able to pay off quite a bit of their debt, raise the Dividend, and also fund their capital projects. I look forward to the July 29 news release that will hopfully silence the Cassandras on this board.
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