RE:RE:RE:RE:RE:RE:What's holding Wcp back? I never think making money is a bad thing ! The fact you held on to 10 thousand shares makes me think your calculated and this shows some common sense.
I know for me I have a number I sell at even though I am a longer term holder. I was told to never look back once you make a profit. Hard to do. Especially with still holding 10 thousand shares.
At least you shared what you did and why and that makes the form interesting.
Even though I disageee with selling today I actually agree with some of your comments . I said before I would prefer they didn't do the aquisitions while at the same time I think it makes sense to add production amd future drill sites especially with hyper inflation taking shape and lack of work force driving or likely driving up the cost to drill and complete. Whitecap saw this a few months ago and moved 1st quarter drilling into 4th in order to keep there experienced crew working.
I also can't disagree with the show me the money part. This pertains to the one time dividend because if we take them at there word at 65 dollar oil the aquisitions added 10 percent value to the share price. Value that at 7 dollar stock price is added in today.
I think a one time dividend would do the stock price well especially if they did it in away where they leave it open to others.
I find whitecap interesting and there because it has a lot going on and all of it seems pretty positive. They have potential to increase there Gas/and Liquid gas with the acquisitions they did earlier 2021 / Carbon Sequestering witch something should come of that ( your right it's certainly quiet on that front ) and then there is there core holdings with a 21 percent decline rate as you know from quoting the Scotia report.
Just time and every dog has its day. I actually bought at the open Surge today. Like o said earlier I think even if we stay low eventually we look like a bargain of the rest move. Surge is one of those. I don't like Surge like I like whitecap. I just saw a value trade there . Have a look it does seem cheap .
Always post your opinions ! There great and you clearly know whitecap as your info was as far as I am concerned spot on.
Craig