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 > Still holding Whitecap

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Comment by baranjaon Jun 07, 2022 3:32pm

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Post# 34738027

RE:Still holding Whitecap

WCP has way more room to run. it didn't run as much as the other oil,.. while it is insane cash machine. I dont' think they know what to do with the cash.

Wildfury wrote:
A few weeks ago I was ready to pull the trigger and move on from WCP. Well I can say is that a friend that has a buddy who is the CEO of a Toronto based investment firm told him to load up on WCP and others. He feels WCP will touch the upper $20's within 2023. I'm back in patience mode once again, with these current energy prices WCP will certainly hit the $800 million debt target and hopefully a bump in the divi/special divi to follow.

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