Whitecap Resources Inc T.WCP

WCP hedging program

[Wildfury]

Had a look at WCPs hedging program as stated in the January presentation that can be viewed on the Whitecap website. The 2021 Q4 states 38% oil hedged, for 2022, 17%, for 2023, 6%. This stock will be double digit bound as long as oil is trading $65 or more. Its your money, DD is your responsibility, the facts are all we can go by. Whitecap is actively buying their shares back, looking for new acquisitions & possibly soon increasing the monthly dividend /special payout like TOU. Stay patient, ignoring the media noise & the sideways trading at times. This company has a great CEO & management team and are growth focused with shareholders returns as their #1 approach. The future looks great for the Canadian oil patch and wait for the Tech money to start switching sides to where the real money is being made. Stay positive and be patient is the word.

[1970Craig]

That is bang on  windgod. I mean if nothing else there is consolidation going on here.        We both added if I remember between 6.50 and 7.  This is 25 % to 30 plus %.  So I think it's a little breather.      Your 1000 percent right.  We are hedged far less now in this quarter and great example at 65 dollar oil because  at 1.25