Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Wildfuryon Mar 22, 2022 3:07pm
347 Views
Post# 34535423

Grant F for the shareholders

Grant F for the shareholders
I have stated many times on this board, patience shall be rewarded. Whitecaps CEO knows how to keep interest in his company's shares with timely news releases. The latest on the TSX approval to expand the NCIB share buy-backs with an additional opportunity to purchase block trades of up to approximately 1 million shares in one day. Grant surprised a few months ago with acquisitions at a time when the shares were trending down from $8.00 highs down to the low $6.00 range. Once he announced those acquisitions the shares climbed back to the $7.00 range quite rapidly. The year end results, followed up with a dividend increase, now this revised NCIB approval. This tells me that he's putting the shorters on notice and his team will protect the stock if the opportunity presents itself. The next 2 quarters will be epic for sure, patience will be rewarded.
<< Previous
Bullboard Posts
Next >>