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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 Carbonbullon Jul 07, 2022 12:48pm
281 Views
Post# 34808753

interesting contrast between WCP and CPG

interesting contrast between WCP and CPGFor those that are long term Carbonbulls WCP is the clear winner , investing in future production at deal metrics that were unheard of a few years back. The assets this team have acquired will propel WCP to the forefront of largecaps. that is if the long term structural oil shortage can withstand short term demand softness.

CPG on the other hand are prudently returning capital to owners well adopting a staedy as she goes balance sheet discipline , market clearly favors this approach at the moment , however if Putnin as per JPMorgan decides to constrain supply then alll bets are off 

The winner of this contest will clearly be the acquiror of the other ...Right now its too early too tell I beleive the odds are 50 -50     So own both 
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