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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 > Great dividend but come on
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Comment by Ocalamanon Jan 31, 2024 7:39am
186 Views
Post# 35854366

RE:RE:RE:Great dividend but come on

RE:RE:RE:Great dividend but come onThinking it might be because of the delay in TMX  pipeline startup. The price increase for WCS still has not recovered to last years  levels , its improving but until the new pipeline is fully on line and a new buyer is in charge it may stagnate due to uncerntanty. There's still th eissue of how many billions the federal government has to write off to make it viable to operate and thats a politcial hot potato.
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