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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

Post by 1970Craigon Dec 03, 2021 3:58pm
285 Views
Post# 34196580

NUTTALL

NUTTALL

  So it's nice to know he bought 10 M shares over the last 2 weeks.  Meaning he won't be pumping and dumping those shares at the same levels he bought at.   

  The patience you need is evident in his message today.  I felt or the feeling or  Energy ( no pun intended )  I was getting while he discussed Whitecap -  ( REGARDING Discretionary CASH FLOW ) was he said they ( the company message )   talked about paying out to shareholders , he actually rolls or explains this over 2 times , quickly , to make his point ,  he essentially made it very clear that they hace TALKED IT , THEY HAVE WRITTIEN IT ,  this point of this part of the conversation is where exactly I felt this feeling of impatience....... he then ended this area of discussion on this last statement ...... they have yet to follow through at this point.  
    I believe this was a calculated message , he is being heard with this amazing platform , It's in his best interest as well . He has 10 M  shares and 70 M cash  reasons more to do so.  On top of what he already has !!    I felt it was strategic , it was not a unkind of Rude or arrogant message ....... it was just matter of fact but certainly point driven , slid in there for the ears he hopes are listening , and someone who is ego driven , who does what he says he is going to do ( the CEO ) he will want to back his word up after being in my opinion slightly called out .  .  He also went on to stress and good on him that there is Insider trading basically everyday !!  

    Further to my message on his patience I felt or maybe identified that when talking about the government and Carbon sequestering he seemed like all of us slightly frustrated around messaging from our leadership , he went on to essentially say we should get credit for making it ( Carbon ) forever .  Like all of us , nothing is being out out there to test the people , you know some type of message to measure a response  . I feel things in this area are being kept tight lipped , witch might not be good , or amd it's likely , they haven't a clue what they are doing , and therefore have nothing to say because they have nothing to say !!  

   

FINALLY LAST COMMENT !! 

 
He was talking about past picks and if I am not mistaken they were Torq - Whitecap - and MEG Energy !  

  Pretty cool that 2 thirds of his top picks belong to OUR company ! Yes OUR company.   Remember when you were a kid and you wanted to buy shares because you would own part of that company !   Just saying because we forget to enjoy things as much as we should .  

      Torq - one of his top picks last year , and in a past eposide he was disappointed, in that he really liked Torq on its own , so synergies considered ,  you must realize this is not being apprecited .  

    I had time on my hands while I put my winter tires on !!
Supposed to snow tonight here in Abbotsford , after all this flooding we get snow .  Crazy !! 


I can't believe this but I am more optimistic about WCP after all of this , than I was before  .  

  Good weekend everyone   

Craig 


 

     

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