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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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 > share price - relative weakness
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Post by filefish on Mar 17, 2021 3:50pm

share price - relative weakness

I am pretty sure that the recent share price weakness has to do with Funds rebalancing  TOG / WCP share holding weights in their portfolio and to a lesser extent  some TOG shareholders selling. Fundamentally everything looks great now for WCP and when Q1 hedges roll off things will be even better. Management certainly has their hands full digesting the NAL and TOG mergers but there will be great synergies over time.
Comment by barneyj44 on Mar 17, 2021 4:05pm
Thanks for the vote of confidence, I'm a holder or Arc resources along with Whitecap. That stock has been very volatile over the last month pending there merger with Seven Generations. I can't figure out why these dividend payers appear more volatile then the ones that don't pay anything. It doesn't seem to matter wether they go ex dividend or not. 
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