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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 buylowon May 30, 2022 1:01pm
179 Views
Post# 34717308

RE:Even on Ex-Dividend We Lag

RE:Even on Ex-Dividend We LagNot going to get into the mud slinging of others, but WCP is a great company, the stock still chugs along and so far  the future is looking fine.  Part of the reason it doesn't have the same torque as others is the share float( aquisitions ONLY, not options, good news)  and the debt, which they are reducing.  Sure if you look at a SGY for example, it's doing great as well, fewer shares, less debt, but it's still run by a CEO that literally destroyed thousands of shreholder due to their 8:1 consolidation back a few years.  So yes WCP "appears to lag", but in the end if they stay the course, reduce the share float and debt, we all will do fine.  
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