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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 > Lost some respect for Fagerheim today
View:
Post by riski on Mar 30, 2021 2:28pm

Lost some respect for Fagerheim today

Bonus payments are due April 1/2 which are a gift of shares which can be redeemed immediately for cash, and typically are by all recipients as they don't have to be recorded as an insider sale - the only time they can sell without recording it in SEDI. 

So Fagerheim inflates some production estimates yesterday and then gets in CNN today to do his best salesman pitch to try to get the share price higher so he and his buddies can get more cash from the business.

Or maybe the timing is all just a coincidence.  

I have been monitoring WCP for a re-entry, but I have decided to take my capital elsewhere.
Comment by Owlseye1 on Mar 30, 2021 2:34pm
Good-Bye don't let the door hit your @ss on the way out!! Really!
Comment by retiredcf on Mar 30, 2021 2:37pm
Nice of you to drop in to tell us that you don't want to own the company,  In the meantime, here's the link for those who haven't seen it. GLTA Grant Fagerheim, president and CEO of Whitecap Resources, talks about their latest quarter and why they are raising 2021 production target. He explains their M&A strategy after just completing two takeovers of Calgary rivals. https: ...more  
Comment by filefish on Mar 30, 2021 3:51pm
Fagerheim is not the flashiest CEO around, but he has a vision and executes it very well.
Comment by 2dream4U on Mar 31, 2021 7:53am
Really? That's what you got from all of that? Maybe head over to the BTE board for some real management shenanigans.....
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