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.

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Whitecap Resources Inc > Eric Nuttall

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Comment by retiredcfon Aug 17, 2024 6:45am

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Post# 36183942

RE:Eric Nuttall

WEAK BUY

Whitecap Resources(WCP-T)

16/08/2024

Likes it, but can't own everything. Ongoing M&A concern, as management really likes to do deals which requires debt, creating an overhang on the stock. Q2 was exceptional, higher production and lower capex. Good results in Duvernay with incredibly economic wells.

13-15% free cashflow yield. Yield is 7%, very sustainable.

Oil And Gas (Integrated Oils)

Eric Nuttall

$10.465

No

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