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

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Post by Farmer12on Dec 24, 2024 8:42am

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Post# 36376170

Q4 results

We're getting down to the end of Q4 and the price of WTI, when translated into Canadian dollars, has hovered around $100 Canadian. That is a very sweet price! The price of NG has started to edge up from very low levels. WCP has about 25-30 % of production hedged in Q1, at decent prices, if I remember correctly. The fat dividend looks safe down to around $50 U.S. WTI. Don't worry, be happy!

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