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 > Everyone heading to 5% Gic's

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Comment by pierrelebelon Dec 01, 2022 5:37pm

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Post# 35144678

RE:RE:Everyone heading to 5% Gic's

Craig1970 wrote ".... With GiC paying decent why take the risk in oil and gas...."

That is correct. Last week my wife purchased an 18 month GIC with BMO for 4.85%.

It is called diversification and most serious investors have a diversified portfolio which may include cash, GICs, bonds, REITs, preferred shares and common stocks in various industries.

We like WCP and expect to do well in 2023 - growing "tax advantaged" dividend and substantial capital appreciation.

But WCP is only one of many investments, not ......

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