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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 20, 2021 10:39am
359 Views
Post# 34246731

Added

Added

Added today .  If they put a hard stop on airline travel again.  Could go lower.  Otherwise at least the next 2 weeks.   People are in the cars and in BC we can still have 10 people plus your famijy sitted for dinner.  

    Weather your going for dinner or to family's house your driving.   Also here on the west coast we have a white Christmas forecast with temps at a high of minus 4 and lows of minus 9.     This is by the water.  

     I just think the government (S) are in a pickle. After all the money they gave away.  With inflation rocketing , how are they going to be able to shut us down like before.  They would have to fire up the money press.   Those bullets are used and at worst  it's going to be a compromise on rules around covid and in the end I don't see them stopping us from shopping , going to resteraunts and maybe at worst we get some flying changes , harder ones , and maybe the border tightens even more.  I just can't see them going back to before and I think there is some irrational thinking of knee jerk selling going on.   

       Like I said I think whitecap could go down further because if this fear.  I don't know the bottom.  I do know this is the 3 or 4th rodeo for being scared lower covid and even the gurus said by in on the covid pull backs. 

     Who knows,  I am buying well under what the CEO just paid a few weeks ago.   I tell my self this.   It's not easy pulling the trigger.   This my reasoning !
      Good luck all. 

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