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 > Oil Market Down

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Comment by Anschutzon Jan 08, 2024 4:23pm

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Post# 35816360

RE:Oil Market Down

Yup. Agree. Companies with low debt and a decent recurring reliable dividend are going to do well heading into spring/summer.

If interest rates don't decline as market is anticipating or we see a soft landing, I think some of the other companies in the sector have set themselves up for a perfect storm (again). Some management teams never learn.

WCP with the monthly dividend remains a solid company to hold.

GLTA.

traderbri wrote: And WCP back to unchanged, proving that this stock is going to be a winner for the longs. wouldn't surprize me to see it close in the green today.
Cheers

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