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.

TSX:WCP - Post by User

Whitecap Resources Inc > Still super sluggish...

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Comment by 1970Craigon Feb 04, 2022 3:28pm

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Post# 34399154

RE:RE:RE:Still super sluggish...

You did say on your previous post that often oil goes up and stocks don't. So you did say that.

For a minute when we got to 9.40 plus. I did think we were going to see that day. There were no volume buyers coming into take charge of the price.

Nothing happens quick here, but there are more and more buyers getting in at this lower 9 price building a base , and feeling like there not buying in at the top of 9.44. That's one way to look at it.

If they double the dividend they will get or we will get the bounce. Higher yield in a environment where rates are rising , and a hedge against the PUMP.
HCw a good weekend TollyCraft !!

Craigster

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