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 > Assessment

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Comment by Citizen13on Nov 03, 2024 9:09am

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Post# 36294147

RE:Assessment

Once again no mention of the oversupply headwinds coming . Cheap and attractive ? What happens when WTI goes to $50 due to 1.2 Mil barrel a day oversupply. Still going to $ 14 when their y/y profit drops 40% ? Dont be holding when that quarterly report comes out. Just ask VRN what happens. These guys seem to live in a vacuum where the price of the commodities dont matter. Horse blinders.

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