Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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

Whitecap Resources Inc > I was with WCP a while ago but...

<< Previous

Bullboard Posts

Next >>

Comment by pierrelebelon Jul 30, 2024 10:50am

114 Views

Post# 36154350

RE:I was with WCP a while ago but...

Good Luck with PRL.

While PRL has had a great run this year (share price doubling since January) it is hard to compare to WCP.

Top four insiders at PRL have been SELLING their shares in the last two months. That is not a good sign in my book.

PRL is a relatively small company with total capitalization under $1 billion and trading at more than six times book value. It is grossly overpriced in my opinion but... you never know... you may get lucky.

In the meantime I will stick with WCP.

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles