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 > Report

<< Previous

Bullboard Posts

Next >>

Comment by Seppelton Jul 26, 2023 6:54pm

379 Views

Post# 35558652

RE:RE:Report

Net debt of 1.36 billion is just short of the 1.30 billion target that would trigger the dividend increase.
I like it that way and believe that the market wouldn't approve a dividend increase in a quarter affected by wildfires and low oil prices.
Looking forward to much better H2 and will take an advantage of any buying opportunities.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?