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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 > Good time for buy-backs
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Post by WINDGOD46 on Apr 06, 2022 2:35pm

Good time for buy-backs

The co buy-backs in days like this; provide support to the stock and the wiggle room they have available is 29M shares, expect a rebound. Will the release of oil from the reserves save Biden's a$$ in November? Highly unlikely. Besides, this depletion of the reserves will have to be restored, probably at a higher price at the taxpayers' expense. No wonder why politicians have an image problem.
Comment by luckyturtle on Apr 06, 2022 3:57pm
They want it in the 7$.  Once again see how fast it dives?  
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