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.

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Whitecap Resources Inc > Could we see $11 today

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Comment by 1970Craigon May 25, 2022 3:49pm

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Post# 34707239

RE:RE:RE: Could we see $11 today

I really feel we are about to get to the next level here , and this is 12 to 14 Once we are at 12 , the $ 1 dollar swings aren't the same as they were at 6 ! So 14 from 12 is really not out of the question from a new floor of say ? $12. There is a growing consensus out there Whitecap is very close to there debt target of $800 M , and the dividend will be lifted substantially!! I would suggest they stick to there 30 to 40 % increase but they could double it ( doubt it ) I am not a economics wiz , but if the strategy is to gain shareholder Value , buy backs reducing the share count to increase the flowing barrels per share , on the surface is a slower methodical play , one that my "go big or go home "personality type just cringes over ( why I don't run this company) lol , is I hate to say it better for the longs !

One last comment ! Wonder what a 40 % increase in the dividend does for Grant Fagerhiem the CEO , this is the kind of CEO I like he gets his money the same way we do ! Through increased dividends ! Not sure what his share count is now , but just for fun , at 3 M shares he gets 90 k a month , $1.08 M a year and 40% gives him a 432 K increase . Just had this thought ? We all see him buy on the regular , and thos is good , but just realized he might not be on the DRIP , and therefore he is selectively buying shares , what looks better ? What is more beneficial to him ?

That is my squirrel comment of the day , but ahat
got me thinking about that , was the increase in dividend being 432 k in my example , and I thought this is substantial when dripped back ! Using your dividends to selectively buy gets more credit , unless you can't drip , or you have to disclose the re invested divvy ? These details I am ignorant too , would be a great question for him at next Shareholder meeting !
Also one more for Grant to truly cash in , Whitecap will need to be sold , I say this because he isn't the tyoe to unload on the open market . Cashing in with the rest of us , is in my opinion in the cards , and I have mentioned this before. Consolidation is coming !!