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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 Wildfuryon Feb 28, 2022 6:32pm
358 Views
Post# 34469383

RE:RE:WCP-New 52 week high today? 10 reasons why

RE:RE:WCP-New 52 week high today? 10 reasons why
One thing to keep in mind, a few months ago WCP announced 3 separate take overs when the stock was dropping to the mid $6 range, then boom, went back to the $7 plus range. The increase in their dividend last week o's 33%,I didn't see that coming either. If this stock starts to dip, lagging the other oil companies with no reasonable reason, its because something is going on behind the scenes. The stock was in limbo after Q3 earnings, that's when they support their stock with buy backs. Carbon capture could very well be the golden goose for Whitecap, we'll see. There could be a special dividend coming, who knows. The one big thing I love about Whitecap, like Tourmaline, their insiders are buying, that's a fact.
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