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 > bit of a tough week here

<< Previous

Bullboard Posts

Next >>

Comment by Citizen13on Feb 28, 2022 10:03am

197 Views

Post# 34467395

RE:RE:RE:RE:RE:RE:RE:bit of a tough week here

Have you looked at the chart of say, BTE ? Just like WCP , it is where it was around the beginning of 2018. So what really happened is a very poorly managed company was absolutely hammered , near bankruptcy and recovered just in the nick of time . You are correct in saying it was a bet . BTE was a bet, WCP was still a well run fiscally responsible company .
I'm not here to gamble . We all know Las Vegas was built on losers.
Nuttall was gloating about his BTE trade too. I guess a broken clock is right twice a day . For every BTE he had a dozen that went terribly wrong .

riski wrote: Almost one year since I sold WCP for higher beta names and we had this conversation. Returns since March 12, 2021:

WCP - 42%
MEG - 117%
NVA - 262%
BTE - 402%

It looks like you bet on the wrong horse.

riski wrote: Good luck with your WCP investment.

barneyj44 wrote: Riski I guess my Baytex never got the memo, good move from the bottom but What have you done for me lately...Lol