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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

Comment by 1970Craigon May 03, 2022 4:07am
250 Views
Post# 34650169

RE:RE:RE:RE:Earnings where Stellar!!

RE:RE:RE:RE:Earnings where Stellar!!

  I actually see a stock that has over the last year more than doubled , depending on what you picked it up at !   I totally get the daily frustration of watching it go up and down , but none of this should be a worry unless your wanting to get back into cash.  The other thing that happens when the Dividend is paid out ,  people re - invest into shares , and those shares at current aren't being paid out of treasury , but rather being bought on the open market!  When  the share price drops the dividends we get , pick up more shares , and this would mean more shares out of circulation. .   Not to mention this means I get more shares .  

But aside from all the positivity, it seems there is more than usual frustration on the board.  

 I could be wrong , but I think all the oil and gas stocks are going to have another little run to new highs , and it's coming this week and next.  

   JMHO. 


Craig 

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