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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 jleer42on Jan 14, 2024 8:13pm
201 Views
Post# 35826281

RE:Assessment

RE:Assessment

Whether WCP is a buy, sell or hold really depends on why you are buying it. For me it is one part of my O&G holdings and overall strategy. Most of my holdings have small or no dividends and are more torqued to the price of oil. WCP is a relatively safe high dividend - 8% and safe to $50 WTI. It hasn't gone up as much as most of my other longer term holdings nor has it gone down as my small producers have. I'm OK taking that safe dividend. If you are looking for capital appreciation only there are other better options. 

 

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