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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 Panic54321on Feb 03, 2024 2:19pm
238 Views
Post# 35861288

RE:RE:RE:Something Fishy at wcp

RE:RE:RE:Something Fishy at wcp

 Better look at 5 and 10 year charts.!

Oil crash of 2020 this and all other oil stocks where as cheap as chips.

 Wcp was under $2 dollars a share.   Oil / gas is extremely volatile and always will be. 

I am more then happy to buy here and then buy more again if it continues to sell off. ( 

down trends in oil can last along time.
Investors are sheep and love to follow the trends. ( Follow the numbers they don't lie. )   Massive  patience!!! 

( but that's where the opportunity lies, but you must have crazy patience )

This company can survive oil crash again !!!  

as it already has survived the last 15 years of  extreme volatility.  ( many years of terrible pricing, ) 

set your buy low / drip the dividend and wait ...    good luck

 

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