Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Rocket101on Sep 12, 2022 9:48am
281 Views
Post# 34956281

Re:re: What Next

Re:re: What Next

Most people and companies carrying debt are now feeling the impacts of rising rates. If rates go higher which I don't doubt will cause a meaningful downtrend in the economy. First you have a major problem finding people to work. Inflation is still around 7.5-8.0 far from the 2-3% target set out by the central banks. I still find it odd that small businesses are trying to offer a non living wage to societies. So with wage pressures fully entrenched and still a lack luster supply chain issue don't expect rates to reverse anytime soon ! Higher for Longer isn't this the terminology they using? I would be looking at preservation rather than navigation in times like these. There are major risks in general on all fronts but that's to each high roller to figure out. What will higher energy or commodities do if we see a reversal on pricing?  Maybe add more fuel to inflation and drive rates to da moon ! Maybe this is the great reset thank you very much. What's even worse is all these assets people wanna get off of or realize there profits from last 20 yrs of cheap money and a general market on steroids. 

jmho

<< Previous
Bullboard Posts
Next >>