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 > WCP - SOMETHING IS COOKING

<< Previous

Bullboard Posts

Next >>

Comment by baranjaon Oct 29, 2022 12:12pm

184 Views

Post# 35057733

RE:WCP - SOMETHING IS COOKING

possibly.

Dump non-core
lower debt
increase Dividend.

This could be their strategy, for sure.

1970Craig wrote:
JUST A PREDICTION : Possibly the reason WHITECAP didn't announce the div increase , is it's kinda already announced ? The other though, is I could beleive they have sold non core assets and will be changing the dividend along with this announcement sooner than later !!

Keeping good vibes !!

C