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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 DivChaseon Jul 04, 2024 11:48am
166 Views
Post# 36118203

RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ Deal

RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ DealYeah it's NEVER gonna hit 15.  12 would be a miracle.  I can convince the wife to sell off this thing at 11 I think.   But that even seems a distant dream in this NG environment.  Which is what I think is killing this stock.  35% of thier production is gas.  While 91% of income from oil.  Tells you everything in those 2 numbers.  I doubt this bad mix will change for years.  Maybe some strength in gas will occur during winter but inevitable return of warm weather will again slap this stock back to 10$.  So, unless they sell this drag on thier business, my goal is to drop this dog at 11 and never return to gassy oil companies.   I might invest in a heavily gas GAS company because that's thier specialty and are more economical at low gas prices, But never a gassy oil company again.  It's a nightmare.  
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