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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 24, 2022 9:55pm
302 Views
Post# 34705336

RE:RE:RE:Come on Wcp. Let's have a surge

RE:RE:RE:Come on Wcp. Let's have a surge

  I think your smart !  Some people have made enough money over the last year , there selling because it's enough profit to meaningfully change there lives , and while they still believe in energy , they either don't want to risk what they made ,and  are satisfied with there gains ,  and are sitting on cash , waiting for traditional blue chips to become incredibly attractive with what many are predicting will be a major pullback , due to inflationary interest rate hikes .  

  I am of this camp on some level   

barneyj44 wrote:
I'm with you 1970Craig, my market timing isn't the best either but this sector has made me gun shy . I've sold all my Crew, Birchcliff and Arc and have kept my Wcp and Cpg. Probably a big mistake as there still undervalued and have room to run but have seen this movie before ...

 

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