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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 Jan 22, 2024 8:45am
182 Views
Post# 35838604

RE:RE:RE:RE:Acquirer or Acquireee?

RE:RE:RE:RE:Acquirer or Acquireee?I wish it was a lie . I've been doing this long enough and have seen these dividend promises broken over and over again. I hope it doesnt get to that point but again it doesnt need to get anywhere near $ 50 oil to cut the dividend .  The dividend gets to double digits you will get the " due to rapidly deteriorating market conditions we must do the best for WCP and are lowering our dividend "   Then the additional 10% drop ++++ in SP  .  Sorry you don't like hearing the truth . When things get really dark all bets are off.  This industry gets very dark very fast unfortunately .And often.  Probably why it's treated like syphillis by investors . Why risk your money when you can buy an AI stock that makes zero money and yet triples ?   At $74 oil WCP is still printing money and yet is being treated like it's in trouble. LOL.
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