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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 May 30, 2023 1:54pm
178 Views
Post# 35470704

RE:RE:Eric Nuttall on BNN tomorrow May 31, 2023

RE:RE:Eric Nuttall on BNN tomorrow May 31, 2023
"....ALL of his "Top Picks" are down by 20 to 50%.....so he is wrong 100% of the time.."

That is true for most bank and institution analysts as far as Canadian energy stocks picked a year ago.

Their predictions were all wrong.

That was then, this is now.

WTI went from US$120 to US$70 in a year.  I do not expect WTI to lose another US$50 in the next twelve months, do you?

And most Canadian producers are very profitable at current levels.

Patience will be rewarded
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