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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 Citizen13on Nov 13, 2023 12:49pm
151 Views
Post# 35732248

RE:Maybe seeing a liitle upside !!??

RE:Maybe seeing a liitle upside !!??31 % you say . Not 29%  ?  LOL. I saw an article on the Feds historical " predictions" the other day . I should have saved it but it basically showed they have been shockingly wrong almost 100% of the time . One was that the sub prime mortgage debacle  wouldnt affect the general market . The latest a few years ago was that interest rates would remain very low for a long long time.   if the FED is wrong all the time what are the chances a schmuck from Goldman will be right ?   My thesis again is when a ton of shares are bought back , debt is reduced to near zero and no stupid acquisitions happen , we may see WCP at $ 15 in three years to five years .  During that time it hits $ 9 numerous times as the algo's dump their pantaloons. 
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