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.

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Whitecap Resources Inc > In Need of a Little Rocket Fuel !!!!!

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Comment by retiredcfon Nov 13, 2023 9:19am

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Post# 35731632

RE:In Need of a Little Rocket Fuel !!!!!

At this point, I'm showing 12 month targets ranging from $13.50 to $17.00 with consensus being $16.00 (Raymond James, RBC, BMO, Haywood and CIBC). Toss in a 7.5% dividend and for a long term investor, this has got to look attractive. That of course assumes that the price of oil doesn't suddenly drop off a cliff which would seem to be highly unlikely. GLTA

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