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.

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Whitecap Resources Inc > Joseph Scatchters TOP PICK WCP

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Comment by Citizen13on Apr 21, 2022 8:31am

172 Views

Post# 34619443

RE:RE:RE:RE:Joseph Scatchters TOP PICK WCP

There are some analysts who are perpetually doom and gloom. That's their schtick . It's how they get attention. This guy is always bearish about the oil industry. Not sure how he makes any money . I get his free weekly newsletter and he's always predicitng a $ 40, $50 oil price .Who would actually pay for his subscription ? I guess a broken clock is correct sometimes too. Remember when these guys were saying $ 60 was the highest price it would ever get ? "Lower for longer " LOL. Now the same guys are saying $ 100+ is sticking around for a long time. There are so many variables in this market you are a fool if you think you can predict anything . I saw him on BNN . He recommended WCP at $ 1.09 . Man I kick myself for not buying $ 100K worth at that time. Some major FU money if work annoys me.

JohnnyDoe wrote:

Wildfury wrote:
JD, yes I referred Joe as a smart man for picking WCP as his #1 energy stock pick, is there something wrong?

well Joe is a little late to the oil party and is a bit of a laughing stock given his historical views on oil. Now that he's come around, I'm good with the pick.