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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 Anschutzon Jun 06, 2022 11:40pm
243 Views
Post# 34735987

RE:RE:Did I really hear Larry Berman on BNN

RE:RE:Did I really hear Larry Berman on BNNI hadn't looked at BLDP in quite some time. After reading your post I had a look. Wow! The chart reminds me of what oil and gas companies looked like back in 2020. But hold on.... BLDP is projecting a whopping $24 million in quarterly sales. LOL!  How these ESG companies like BLDP still trade above a buck amazes me.

Citizen13 wrote: Let's see . i will rotate out of a very cheap industry making oodles of FCF and sink it into ESG companies that make either no money or lose money each and every quarter . LOL. Just goes to show any idiot can get on BNN and spew their bizarre opinons.  I bought a few shares of Ballard a few months ago, Theyre down 42% . 



NonCredibleSrc wrote: say sell your oil stocks into strength today and slip into clean energy instead?

We haven't even begun to see the strength of the CAN O&G market - sounds to me like he might have a bunch of shorts he wants to cover.

WCP price-point (~$12) abnsolutely does NOT reflect the true value of the company at this point. Debt paydown, buy backs in motion, increasing dividends - jeez - wait for a couple of months - you will see the strength!

This story is fairly static accross Can O&G!  In my opion, Berman is is either mistaken, or misleading.

Time will tell!




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