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.

TSX:WCP - Post by User

Whitecap Resources Inc > Panic-Proof Portfolio

<< Previous

Bullboard Posts

Next >>

Comment by 2021Gambleon May 20, 2022 6:49am

133 Views

Post# 34697494

RE:Panic-Proof Portfolio

Well knowing in advance there are stop losses at 8.75....

Makes you almost want to put in a few $8-$9 bids don't it ;) :) ;) :) "just in case" someone is brave enough to try and hit them there stop losses....

Cheers folks

retiredcf wrote:
TOP PICK

Whitecap Resources(WCP-T)

18/05/2022 at 08:00pm

Stockchase Research Editor: Michael O'Reilly We again reiterate WCP as a TOP PICK. With a current cash flow breakeven level of $40 US, WCP expects to generate over $1.4 billion in excess cash flow after dividends. It should be debt-free by year end, analysts expect. It trades at 1.42x book value and pays a good dividend, backed by a payout ratio under 10% of cash flow. We continue to recommend a stop loss at $8.75, looking to achieve $13.50 -- upside potential of 34%. Yield 3.48% (Analysts’ price target is $13.54)

OIL AND GAS (INTEGRATED OILS)

The Panic-Proof Portfolio (Stockchase Research)

$10.285