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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 jimgeorgeon Aug 12, 2022 6:10pm
270 Views
Post# 34893045

Eric Nuttall

Eric NuttallI've known Eric for a long time - 25 years at least, since he was a young guy with Sprott.  Sprott taught him how easy it is to manipulate small cap company share prices by buying and selling up to 10% of the float.  He pushed so much WCP into the market that it is now a laggard, and by buying CPG he has made its stock price jump.  So he looks good...

Anyway, Eric is a smart guy and he has been good for bringing attention back to our sector, but he is off base on WCP, or any longer term story.  He's always struggled to "get" the longer term stories.  As I have said before, WCP is a very sustainable dividend payer for the long haul.  I'm holding my 400,000 shares!
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