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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 05, 2022 12:37pm
141 Views
Post# 34659024

RE:RE:RE:I WAS WRONG.

RE:RE:RE:I WAS WRONG.

 Grant can in one second or as long as it takes to type the message get us to a share price of $12 and more , simply by tripling the dividend. They could do this and nearly wipe out all the debt.   So they just are doing things for the longer term.  I think I speak for all of us longer term oil investors that the worry about doing things properly , like buying back shares , keeping the price surpressed , is that , well I worry that by the time they get around to paying us back in the way they can now , the market will had changed as much the other way , and they will be wanting to preserve or who knows buy property's.  So we chase our tail. 

    They bought about what 400  M in bolt ons back half of the year.  If they keep doing this , we will never get paid the way we could be now.  I am not a forever holder of this stock. Just long term. Lol. 

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