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 > Give up?

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Comment by filefishon Jan 05, 2024 3:09pm

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Post# 35812962

RE:RE:Give up?

I have also been adding some traders to my core position in WCP that I have been holding for years. Its been stuck in the 8.90 to 9.00 range for about a month now. Fagerheim has been quiet for a while also. I hope they are not wraping up another acquisition a la CPG where debt would sky rocket. Would like to see them take a very conservative posture in 2024 and get the debt below 1 billion. However a CPG / WCP combination would make a lot of sense, if egos wont get in the way.

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