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.

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Whitecap Resources Inc > TD

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Comment by Citizen13on Oct 31, 2024 8:16am

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Post# 36290242

RE:RE:RE:RE:RE:RE:TD

A 7% dividend is nothing when a stock regularly drops 20-30 % . There are risks to both strategies. This stock has been a trading tool for big money for years now and " I hope and pray" stock for us minions who thought we'd be at $ 14 or even $ 18 by now. Stupid me, not seeeing the trend . It is clear the algorithms are set to sell this at $ 11 and buy in the $9's. No way we are going higher when the big boys bail at that price.

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