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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 tollycrafton Nov 17, 2024 11:39am
115 Views
Post# 36317107

RE:Could Be a Wise Move

RE:Could Be a Wise MoveVery good points retiredcf.  With those import numbers from Alberta it makes perfect sense for U.S. and Canada to remain friendly and Canadian oil tariff free.  After having said that, as we all know, one never knows what Trump will do, he does have some questionalble aquaintainances (I do hesitate to say allies).  At the end of the day, anyone in oil has to do what they feel is best for in their particular situation.  If your investments are not only limited to oil, you may want to take the wait and see attitude until Biden hands the keys over as it may not really affect those investors one way or the other. On the other hand, if your all in with oil, like I am, (believe me I know, bad idea), one needs to do some soul searching and weigh out the risk to benefit ratio.  At this point I'm not sure, so just going to sit back for a bit and see how all unfolds.  If I get overly concerned, I'll get out before the change and go back in if things look favorable after a few weeks. 

GLTA

Tollycraft

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