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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 Feb 20, 2022 3:25pm
467 Views
Post# 34446557

RBC - BUY - 1.93

RBC - BUY - 1.93

   I was scrolling through my portfolio and with RBC they list Strong buy - Buy - Hold - ext.   
   I was a little surprised that Whitecap was slightly downgraded from 1.87 to 1.93 and it looks like it went from 3 strong buys to 2.   Other than that I don't see much else.  I also noticed the others were all slightly downgraded as well.   For instance Surge witch I own ( it is not even close to the stock WCP is , I bought it because it was undervalued IMHO , ).  It was lowered to 2.43 from 2.25.    CPG was lowered slightly as well

    So does anyone know what happened. ?  I can take a guess, Royal itself lowered the sector in a blanket .  With the run up we have had it does make sense.  

    That being said !!!!   We are still a buy !  


   I am just posting what I noticed , and my view has not
changed.  Just feel given we all have money in this all or any changes as little as they may be are worth noting. 

   It's been a while since I saw any thing moving the wrong way.   

     Hope you are all good !!

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