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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 tollycrafton Apr 15, 2024 11:58am
217 Views
Post# 35989504

RE:Time for WCP to shine

RE:Time for WCP to shineAll good points Anschutz. I think we will see a very good 1st quarter as oil has been relativly stable over the past 3 months. I'm really hoping good enough to bump the dividend.  I know there's a real differance of opinion out here on dividend increase vs buy backs, but I still believe, if WCP wants to see genuine investor interest, and wants to see long term investores, they really need to do something now. Grant stated quite some time ago, that he was going to see that share holders get paid first, it's time to "show us the money".  Maybe I'm wrong here, but I believe most shareholders prefer that monthly dividend as that's where one really see's a genuine return on investment. Grant has to remember, if you look hard enough at  all banks, you can still get 5 -5.5% GIC with no risk on a relativly short term.  Sure, I want to see share value, and I do want them to continue buy backs but,I want to see a reward for my investment and risk!!  My opinion only!!

GLTA

Tolly
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