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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

Comment by Citizen13on Feb 27, 2022 1:09pm
183 Views
Post# 34465772

RE:RE:RE:These oil/gas companies...

RE:RE:RE:These oil/gas companies...I know all O&G went down. But I held on to my positions in Canada . He went on these rants about how Canadian companies are failures, flee to the USA. Then drillers were good to invest in and they went down 95% . Then we should get into the fracking sand guys . Wow that went horrribly wrong for him. Now Canada is great again to him. A hamster on a wheel. I honestly doubled down on VET near the bottom just because he didnt like them . " Theyre too spread out around the world, too diversified." What a dumb thing to say. Look at how their diversification has panned out. They went from $ 3 to $23 .  He is a bright guy for sure, I'm not denying that . What I'm saying is NOBODY knows whats going to happen next , even a guy who looks at this 10 hours a day to take 2%+++ from you. . Take his recommendations with a grain of salt and dont praise him as if he's a hero. Time and time again it has been proven active money manager underperform the actual index over time.
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