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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 > Market and Investor Reaction Today
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Post by Anschutz on Apr 28, 2022 11:45am

Market and Investor Reaction Today

This is what happens when Mr. Market doesn't think an earnings resport communicates enough respect for shareholders.  Also doesn't help when you highlight an increasing rig count in a market that frowns on growth over investor returns.  Right or wrong... that's the perception today.

Comment by retiredcf on Apr 28, 2022 12:02pm
It's also worth noting that despite the fact that oil is up $2.00/bbl, this is a not a positive market day in the energy sector (3/4 of my energy holdings are in the red). Aside from SU and CEU (which I don't own), the only one of my holdings having a solid positive day is SES based on their earnings. GLTA
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