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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 WINDGOD46on Jan 20, 2022 11:48am
347 Views
Post# 34337666

The Paradox

The ParadoxWhile we all see oil price going up, oil equities prices are not following up; they instead are stalled or going down. You wonder why? Simple. Equities do not believe the current price of the underlying commodity is sustainable. So, the higher the oil price, the riskier the equities price rise. For the share prices to go up, the companies must reduce debt, increase production with the least capital expenditure, reduce the float, raise the dividend, and make up for the depletion rate of the resource. In other words, we cannot expect WTI to go up for ever. The boost of the share price will come from the company policy and performance and that is coming. So some patience is needed.
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