RE:September 28th, 2022
pierrelebel wrote:
In a press release two weeks ago, Whitecap stated "...There is no change to our 2023 preliminary plans for production to average 168,000 – 174,000 boe/d on capital spending of $900 million to $1.1 billion and we plan to release our formal 2023 budget on September 28, 2022."
That is only two weeks away.
I expect there will be speculation that a dividend increase effective December will be announced at that time. As such, since the market is basically a discount mecanism, I expect WCP share price to slowly increase in anticipation of the announcement.
I would love for this to be the case. I do agree the price should move a bit with the news forthcoming !
Maybe a Initial update on new asset and how it's preforming possibly ?
Pierre always appreciate your posts
C