Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(6397)
•••
Post by retiredcfon Apr 08, 2022 6:21am
487 Views
Post# 34586910

Panic-Proof Portfolio

Panic-Proof Portfolio
TOP PICK
Whitecap Resources(WCP-T)
06/04/2022 at 08:00pm
 
Stockchase Research Editor: Michael O'Reilly During this period of continued energy security concerns, we again reiterate WCP as a TOP PICK. Management has executed a $2 billion strategic acquisition strategy, which it expects will improve profitability and sustainability and has allowed it to reach record production. Strong cash flow has allowed buyback of 24 million shares and a 58% increase in the dividend. It trades at 3x earnings compared to peers at 5x and is valued under 2x book. It pays a good dividend backed by a payout ratio under 10% of cash flow. We recommend trailing up the stop from $8.00 to $8.75, looking to achieve $13 - over 28% upside potential. Yield 2.71% (Analysts’ price target is $12.92)
 
OIL AND GAS (INTEGRATED OILS)
 
The Panic-Proof Portfolio (Stockchase Research)
$9.980
 
 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities