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 > Whitecap Resources- RE: INCREASED DIVIDEND

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Comment by biker222on Jan 20, 2022 10:00am

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Post# 34336982

RE:Whitecap Resources- RE: INCREASED DIVIDEND

i would not want to be out of wcp when they announce a doubling of the monthly distribution in a few weeks (days). Perfect storm or 1) 80+ oil and rising forecast 2) divident increase announcement 3) FOMO generalists jumping on for good appreciation and cash flow.

if you trade the rise/pull back with a portion of your holdings you can serioiusly increase your yield.
But pullbacks will be fragile imho. But easy to scalp an additional .25 cents !

but craig..... 6x divid coverage. Wonder if they take the tourmouline lead with a special divi?
I would rather them apply increase to monthly for longer term price appreciation.
biker

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