Bullboard - Stock Discussion Forum 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... see more

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TSX:WCP - Post Discussion

Whitecap Resources Inc > We crossed the Rubicon today folks

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Post by WINDGOD46 on Jan 17, 2022 1:16pm

We crossed the Rubicon today folks

The long awaited $9 mark we crossed today and we're galloping higher. And that happened in a day of the American market is closed.

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Comment by 1970Craig on Jan 17, 2022 6:08pm

Agreed Wingod !! Interesting the resistance we had getting to 8. However had zero getting to 9. Makes me think the shares used in purchases we handed out were being let fo slowly under 8 . Doest matter what held us there for so long because no one left selling below 8 !!! I get this feeling we are going to 10. ...more

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Comment by NonCredibleSrc on Jan 17, 2022 6:20pm

1000% (if that's at all possible) agree. Give this and a few others in the sector a few quarters of earnings to report and we are there or higher. This is a new world for O&G. We won't get away from oil for the foreseeable future but there is much push for green and renewable which means way less support from the financial level. This will mean that WCP and the like ...more

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Comment by 45yessss on Jan 17, 2022 6:39pm

Could ATH be in their future seeing $10 a share soon ---- it makes a buyout a lot cheaper if they want to use shares and cash WCP wants to grow and Torc and the other little ones are proof. My thinking is they keep it going

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