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 > Holy Cr ap News

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Comment by filefishon Jun 28, 2022 6:13pm

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Post# 34788903

RE:Holy Cr ap News

Probably explains why the stock has been relatively week in the past couple of months.
I like the Dividend increase, but I HATE the size of the debt they added. The divy was going to go up either way, with or without the acquisition. Now we have to worry about a bank term loan and the debt overhang for the next 4 years. If they were able to hedge 32k boe/d at current prices for the next 4 years, I guess I would be fine with this.. Might be scary tomorrow with the market reaction. .

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