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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 Citizen13on Jul 18, 2024 3:40pm
166 Views
Post# 36138953

RE:RE:wcp to vrn

RE:RE:wcp to vrnAnalysts can make any predictions they want . I judge them on their thesis why a stock should rise by 50%  . No oil and gas analyst has ever provided these reasons other than " hope" ??  There is no way WCP will be $15-$18 without some major major changes in policy . Like spend every last dime in FCF to buy their stock back and debt reduction. Otherwise tell me what fool will pay 50% to 80% more ?  Grant got $520 MIl and is spending $ 200 MIl to buyback shares . Yawn . Pennies up, dimes down. 
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