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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 > Timeline to "Debt Free Status"
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Comment by Citizen13on May 29, 2022 4:38pm
276 Views
Post# 34715727

RE:Timeline to "Debt Free Status"

RE:Timeline to "Debt Free Status"I'm thinking most investors want to see this happen first before dipping their toes in.  When youve been burned so many times it's hard not to be very prudent.  If the price of oil stays above $ 90 for several years , all these stocks will be multiple baggers from their current share price.  If the price of oil collapses (again)  this sector will be uninvestable for the rest of it's future IMO.  They cannot let that happen again or for a very long time. It looks like they've smartened up , but you never know. 




Betteryear2 wrote: Imagine a sector that is so awash in cash that it could become debt free in less than a year, and then pay a dividend yield 21x higher than the S&P500. Would you call that a "generational opportunity"???

Eric Nuttall
 
@ericnuttall
 


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