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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 tollycrafton Jul 25, 2022 4:21pm
181 Views
Post# 34849271

RE:RE:Lagging behind

RE:RE:Lagging behind
jimgeorge wrote: Tolly, I didn't think the last divy increase was "way short".  I prefer slow and steady medium sized divy increases.  I've been around a long time and seen lots of oil companies with outsized dividends slash them very quickly when prices turned.  I want to know my divy, although it is moderate, is safe.  WCP had an outsized dividend in 2014 that was deeply cut, I know they don't want to do that again.

As I said before, I think wcp's combination of growth (and asset improvement) and decent shareholder returns is sustainable for the long run.


 I can't really argue with that logic however, when a company is flush with cash, thats when the shareholders need to be put first, if not when their flush with, cash, when?  Its the shareholderes that have the lions share of the risk so I still believe when in times are good we should be paid.  I agree if things go a little downward they can pull back on the dividend, in the meantime, we still get paid, we live with the decrease when the time comes  and when we have to. Still, all good points jimgeorge.
Looking forward to the release Thursday,  good luck all!

GLTA
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