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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 pierrelebelon Oct 28, 2022 5:42pm
387 Views
Post# 35057036

RE:WCP - SOMETHING IS COOKING

RE:WCP - SOMETHING IS COOKING
1970Craig wrote "...Possibly the reason WHITECAP didn't announce the div increase , is it's kinda already announced ?..."

You may be correct.  The TD analyst came to the same conclusion: there will be a dividend increase before year end.

If that is the case. I see two possibilities.

An increase announced on Nov 15th for the Dec 15th payment
or
An increase announced on Dec 15th for the Jan 16th payment

Time will tell.
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