Whitecap Resources Inc SPGYF

Primary Symbol: T.WCP

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

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Post by jleer42on Oct 23, 2024 5:30pm

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Post# 36279290

BNN

Grant was on BNN. He spoke to the SP - phrased as dividend yield - and believes they are too small to get rewarded by shareholders. No aquisition this year, see what next year brings. Hopefully only tuck-ins if they pull the trigger on anything. Dividend is safe done to $50, but that is short-term as capex could be curtailed at $60. Overall a postivie interview.

https://www.bnnbloomberg.ca/video/shows/commodities/2024/10/23/whitecap-ceo-says-liquids-carried-economics-in-q3/

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These cold weather stocks are looking to heat up for winter