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.

TSX:WCP - Post by User

Whitecap Resources Inc > Capital Budget

<< Previous

Bullboard Posts

Next >>

Comment by 1970Craigon Sep 27, 2022 8:19pm

274 Views

Post# 34990894

RE:RE:Capital Budget

I thought they laid things out very well ! I too was hoping for a little gift of a dividend increase, but they essentially said things are still on track , and before yesr end ? I also like the plan over 3 years to return 3.30 back to shareholders through dividends and buy backs.

One final comment about the share count. Weren't we if I am not mistaken at peak 637M shares outstanding ?

Today we are it says in the announcement 618 M. Close to 5 percent less .

One final final comment. I liked the gas price Aeco explanation. Helps me understand a bit more.
Good luck all
c

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023