Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > HUGE UPSIDE - NO ONE IS TALKING ABOUT THIS ?
View:
Post by 1970Craig on Apr 20, 2022 1:53pm

HUGE UPSIDE - NO ONE IS TALKING ABOUT THIS ?

Hi everyone !  

  There really isn't much for me to post I haven't already posted , or repeated many times !  

  However , here is something I have brought up very little , and that is this ..........   

NGL 2020 end of year  4874 NGL -  bbls
         2021 wnd of year 10568 NGL bbls-    More than double 
 
Natural gas end of 2020 62,289 mcf/d
                    end of year 2021 180,820 mcf/d  Nealry TRIPLE ?? 


 So am I wrong to say that if we are 27% Gas or liquids NGL and the price of NGL doubles than this 27% May represent 54% percent of production revenues ?   Not sure exactly how much the price of NGL - Natural gas TRIPLED FROM 2 dollars to say 6 dollars  .  Isn't this massive ?  Someone want to say in here , because I know there is almost no talk of whitecap being only 73 percent oil . There is almost no focus on the 27 percent that is Gas or NGL  ? 

  The Montney holdings they bought , are  seriously not getting any credit , and I think , that with prices looking Like there going to stay strong with the Europe issue and export causing tightness in supply here , that I feel anyway there is going to be EYES ON THIS AT EARNINGS  . I think there going to point this out at earnings in a meaningful way , and this is going cause a larger increase in target prices that will naturally follow just the way things are , almost no one is discussing this ?  

 So see below the facts.  However I am not good with copy paste. So it's blown up very large !! 

  

    Crude oil (bbls/d)

79,315

48,527

75,387

52,656

    NGLs (bbls/d)

10,568

4,874

10,418

4,982

    Natural gas (Mcf/d)

180,820

62,289

158,501

66,146

 Total (boe/d) (2)

120,020

63,783

112,222

68,662

Comment by 1970Craig on Apr 20, 2022 1:57pm
Part 2    We are told they are improving cost to drill in this play , that they are wanting to grow it , so I would guess we see ecen kore growth here , and lastly isn't this a     MIKE DROP at earnings !!!! Lol  Things are looking pretty good aren't they ?    Craig   
Comment by barneyj44 on Apr 20, 2022 2:12pm
The kicking horse acquisition was another great purchase by Grant and his team. Kicking Horse currently produces about 8,000 barrels of oil equivalent per day (32 per cent oil and liquids) but Whitecap says it expects to increase and maintain production at about 18,500 boe/d over the next 12 to 15 months by drilling eight to 10 wells per year on the acquired lands. It says it plans to spend $75 ...more  
Comment by Wildfury on Apr 20, 2022 2:36pm
Craig, the less they talk about it the better. Whitecap shares are in accumulation mode, up this morning then down under $11.00. Don't be fooled by the SP seeming flat at times, Grant is buying as I write this because next week the corks will be popping on their best quarter ever. Quarter #2 will be even better with less debt, don't forget, the debt will be $800 Million or less. The less ...more  
Comment by 1970Craig on Apr 20, 2022 2:47pm
I think the 120 was yearly average ?  Your right about 132 k per day.    Also I agree with you about less said the better , but backs are better for us for sure , and the earnings will let everyone know what you just said so will be harder to buy back at these prices.       Less debt , less cost to borrow , less shares less dividends.     Question ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities