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 > Even on Ex-Dividend We Lag

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Comment by 1970Craigon May 30, 2022 7:01pm

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Post# 34718418

RE:RE:RE:RE:RE:Even on Ex-Dividend We Lag

tollycraft

You are 100 percent right to stay where you are ! I appreciate the kind sentiment. Yes about the upside , I made a nice gain today , it should of been double . I am told taking a profit in the market is never a nad thing , and I am told to buy when everyone is fearful , and sell Shem every one is greedy . What I chose to forget is what you just said about being able to support the div amd cap ex at 45 ! It's actually 40 !! Lol this year with current hedging in place amd 45 next yesr . I regret selling half , and Iof it drops back down below 11.02 I will consider re loading .

I have a tonne of shares still , and i think it's just being 100 percent on sector , has made me very very lucky , but most people would say all in one sector is a bit crazy .

Either way I am still in , and I believe whitecap is due for today day . Meaning , we are due for a 10 to 30 percent run here , and I am dead serious . We are right now , the best bargain There is , and these things always have a way of working themselves out .

Keep believing Tolly you are " NOT UNCERTAIN " quite from the show " Billions Season 1 from the character - Dollar Bill
Good show if you haven't seen it

thanks again

Craig

tollycraft wrote:

traderbri wrote: There is really nothing wrong with wcp, It's just not the flavor of the day/month.
The day is coming where there will be solid buying instead just a few picking at the ask.
Like Craig mentioned he lightened up at $11 not out of fear but just taking a bit of profit off the table, myself, I have been tempted also but I feel a bigger payday is coming and will keep the faith while oil prices are so strong.
Cheers

I"m in the same camp as you. Craig did the smart thing for him, to take profit off the table and now from what I understand he's in a can't really lose situation (he could lose more profit of course but he's reduced his risk). I dont want to ring the same old bell but things haven't changed, demand growing by the day, supply's still short and will remain short. I've found WCP does not make any promise's that they cant keep, if anything they report very conservative which is what I prefer ,and if they exceed expectations, thats a bonus for us wiith share value and dividends. I bought in for the long haul and staying put. Indications to date is the price of oil is going to remain at least above $90.00, lets not forget, WCP could continue to pay the present divident at $45.00 a barrel and that should tell all the company is solid and will contiue to be a reputable player.

GLTA