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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

Post by 1970Craigon Jun 23, 2022 2:25pm
270 Views
Post# 34778006

WCP - down over 33% in 2 weeks ?

WCP - down over 33% in 2 weeks ?

  It's got to be close.   Even though the sky is falling I bought more and I am now out of bullits.  

  Divvy is next week , we are all going to get a nice DRIP for a change.  

  Hey ?  There is one positive !!  That and the RSI number has to be looking good after all of this !!
  What else ???   Last one ....... if we get back to 10.00 rather than be disappointed we will be grateful.  

   At least I will be !! Lol. 

   If your struggling today , I am to , and your only human , and all of the metrics are good , the orice Of oil is 60 dollars above break even !    

    It's still above 100 and in fact in my opinion. It won't hurt to have it go down to 80.   We can't fall another 33 percent I almost promise you that.   Then from 80 we will rise and hit new highs.  

   We weren't going anywhere at $115 dollar oil.   All the buyers were gone , and now we will get a restart.  

    Trying to ge positive.  

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