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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

Post by WINDGOD46on Apr 11, 2022 9:22am
232 Views
Post# 34593178

Should be irelevant

Should be irelevantAssuming the break even price i.e., the price at which all company obligations are met, is US $45, any fluctuation of the WTI $5 or even $10 up or down, should not affect the share price of the stock. But since the Crime Syndicate of shorts, futures ect, play on the peoples' fears, you are going to have the yo-yo effect on the oil stocks. Only when the oil companies  declare stellar results and big free cash flows they might offset the yo-yo effect that WTI has on the stocks; but until then, expect this ups and downs because the crooks, shorts and their acolytes, have to make their living , too. Well, what do you know.
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