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Whitecap Resources Inc SPGYF


Primary Symbol: T.WCP

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 Westcoastenergyon Oct 31, 2024 1:37pm
160 Views
Post# 36290939

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

RE:RE:RE:RE:RE:RE:RE:TDI suppose I am fortunate that I don't really pay attention to the share price (that is for my heirs to deal with).  My focus is on the dividend income as I rely on it for my cost of living and even ability to save a bit.  My account value swings pretty wildly, but the dividends have CONSISTENTLY GONE UP FOR AT LEAST 3 STRAIGHT YEARS.  That is my focus.  AS you say, WCP's share price has been a disappointment for the past couple of years, based on predictions.  However, the dividends have impressed.  I am not a day trader and have never been.  If there is an imminent threat to the dividend payment, I will bail.  Everything I see is a stable dividend, with talk that it may increase down the road but not right now.  Grant seemed to be focused on the share price and reducing the yield to around 5%.  For me, according to my account, my dividend yield on WCP is 21.22%.
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