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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 1970Craigon Mar 10, 2022 5:08pm
283 Views
Post# 34504586

RE:RE:RE:RE:Tomorrows our day

RE:RE:RE:RE:Tomorrows our day

Well said as usual Citizen ! The balls to buy in at the bottom and hold till 10.   I had a double close to the bottom.   I had made enough , and the company's I made it on are no where the investment grade as WCP . So I said this before , I still saw the upside in oil , and I tucked my tail between my legs and went into whitecap .  I felt it was less risky , but it was due for a pop.  

   I think everyone agrees this stock is solid , but we don't get those big upswings , it's like we slowly get there , in a not so dramatic way.   I agree some are selling off. Your so right, taking a profit for someone who held on from near bottom gets my respect.  

    I get TolleyCraft as well ,  my guess is there is enough invested it matters.  


     TollyCraft, I think your 100 percent right we are due for a bump , but I wonder if it shows up like 10 percent more over the next 45 days.   Think about it , earnings for Q1 lie just ahead of that.  

     Even Scotia the only one who has a hold rating on WCP just raised there price target to 12 from 9.50. 

     Man , if we did get a 10 percent day to the upside. We would have a fun day on the board.   What is good is we are still consolidating in the nines and now we are skewing to the upper end of 9.  

  A new batch of believers !!   

   Every weekemd Putin creates a shoot show since this war began.    With oil flying high on Sunday night.   I think this weekend will be the same.   

    I enjoy your guys honesty. Refreshing!!
 

Craig 

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