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.

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Whitecap Resources Inc > Discretionary Funds Flow = Increase Divvy

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Comment by Abouttime1on Sep 23, 2021 4:21pm

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RE:Discretionary Funds Flow = Increase Divvy

According to slide 14 of the most recent slide presentation, they will base dividends off of $45 wti targeting less than 25% basic payout ratio. They are going to prioritize dry powder for "optionality" Seems like management want to be ready for opportunities. Generalist investors might like this more conservative approach, plus you have Grant F doing your shopping for you.

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