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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 Wildfuryon Apr 21, 2022 12:59pm
218 Views
Post# 34620805

WCP SHARE BUY BACKS IIN CONTROL OF SP

WCP SHARE BUY BACKS IIN CONTROL OF SP
Something big is happening behind the scenes, Whitecaps share price is definitely being held down for share buy back repurchase purpose. This is definitely going to pop big time very soon. I have seen this movie before & its a happy ending. Patience is the word with WCP & many other energy stocks. Do your own research and due diligence, facts & data is there. WCP debt to be $800 Million or less, I say it's definitely less. Share buy-backs daily, dividends paid monthly, I love that. Increased inventory, increasing production over 2021 levels to 17%, hedging below 15% for 2022 & under 10% for 2023. I see WCP trading in the $20 plus range in 2023 , we shall see.
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