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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 Anschutzon Jan 05, 2024 5:32pm
159 Views
Post# 35813237

RE:RE:Special Dividend

RE:RE:Special DividendAgree.  In actuality, a regular monthly dividend that is increased based on company performance is preferable to special dividends.  A regular monthly dividend communicates that management has a good handle on the company, understanding of the environment, and confidence in their future predictions.  Companies that use weasel language with investors about providing special dividends dependent on market conditions should be avoided.  Way too easy for companies like this to come up with weasel excuses to defer paying indefinitely.

Ocalaman wrote: Currently with thier po ration at 77% for 2023 ( amongst the lowest ) going to 94% in 2025 ( amongst the highest) in thier catagory and TMX startup dates in doubt which reduces any planned net back increased from decreases in wcs differnetial I am pegging the chance at 0. 

My thought would be continued buybacks and cancellation of shares will be the shareholder return game plan.



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