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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 11, 2024 2:05pm
203 Views
Post# 36128755

RE:RE:RE:Eric Nuttall

RE:RE:RE:Eric NuttallBaranja!  If he truly wants to reduce the dividend yield by way of SP appreciation, the best things he could have done would be to; 1) reduce debt with that whole 500mil or 2) share buyback with that whole 500mil 3) combination of 1&2 and finally (most importantly) 4) once and for all squash the acquisitions rumors if they are not true.  I don't believe him simply because of his dancing around the issue for a year.  He has no interest in SP appreciation.   Only expand the empire mentality.   He'll increase debt load and then comes the typical pumpers comments again.  AGAIN Be patient, wait  1 or 2 years for debt ratio to drop again.  He lied before, he is lying again.  If im wrong, why can't The Grant just communicate something like this;   "I have no plans to buy out another company nor do I foresee acquisition in the next few quarters at least"

this stock would reach parity with VRN within a month if this guy truly cares about SP and shareholders.  WCP not long ago was 130cents higher than VRN.  I DONT think this 25% swing is because VRN is do heat or WCP is do bad.  It's this stupid acquisition issue our great leader refuses to address for some reason. 
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