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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > This stock is still cheap.
View:
Post by coolfooldumbguy on Nov 19, 2024 11:10am

This stock is still cheap.

It should be trading above the $13 per share mark right now, but my personal price target for it is around the $19 / share. Shareholders should see a steady climb up from here,going into the future,so good luck to all of us shareholders.
Comment by Citizen13 on Nov 20, 2024 9:55am
Cool to be blindly optimistic with no thesis on why this should almost double . Just like the professional " analysts"  who cannot see past their noses . There is a huge risk of the oil market being oversuppied in 2025 . Thats why we are at $ 10 and not $19 .  Trump wamts to halve energy costs  . I doubt that means there will be an undersupplied market , right ?   ...more  
Comment by Westcoastenergy on Nov 20, 2024 10:59am
FoolDumb has no thesis, other than the stock price being cheap.  Not convinced he/she recognizes the effect of shares issued etc. in arriving at enterprise value rather than just focusing on the actual share price. In any event, you clearly do have PTSD regarding the energy industry, likely for good reason. Anyone holding through Covid was taken for a real ride and the industry still has not ...more  
Comment by Speciallygood on Nov 20, 2024 4:38pm
Well said Westcoastenergy. I agree fully on your statements...Correct me if I'm wrong but isn't WCP producing about 1/2 the daily amount as ARX and ARX is trading around the  $26 mark and paying less in dividend %. WCP def has room to move up !
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