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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

Comment by NonCredibleSrcon Oct 27, 2022 8:58am
238 Views
Post# 35052505

RE:RE:We wait for divvy increase...

RE:RE:We wait for divvy increase...Not complaining - just got my hopes up a little bit I think - but the reality is you are right and the Co needs to stay focussed on debt reduction until they hit targets indicated.

Still paying 4.11% per year based on yesterday's closing price.

By mid '23, assuming SP remains static (though I have little doubt it will rise) and $0.73 per share per year we would be looking at 6.9%. That's a great number!

I am looking forward to seeing the impact of a full quarter of XTO production integrated into the numbers for Jan.
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