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 > Oil selloff gift to investors: Eric Nuttall

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Comment by Davesnothereon Aug 02, 2022 9:20pm

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Post# 34867133

RE:RE:RE:RE:RE:Oil selloff gift to investors: Eric Nuttall

Thanks Jimmy, Pierre,

I am super long WCP and as a shareholder I like Grant's risk/reward style. By all accounts WTI should remain well above $90.00 for the next 12 months. If so, then we will see the .73 cent divi followed by some major buybacks. All that would send our share price to another level. We are in a good spot, just gotta be patient.

jimgeorge wrote: Well said Pierre!
like I said before, WCP will have strong dividends sustainable for a long time. A lot of the other smaller caps will have to cut their divvied when they run out of tier 1 drilling locations and have to spend more to maintain production, not to mention the inevitable pullback in commodity prices.

WCP will be the top performing mid-cap in 2023/24.

Cheers,

Jimmy