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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...
and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.
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TSX:WCP - Post Discussion
Whitecap Resources Inc
> I WAS WRONG.
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(556)
•••
1970Craig
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Post by
1970Craig
on May 05, 2022 11:42am
I WAS WRONG.
It's a good thing I am not a day trader. Lol. Thought we would of been up 5 % today. Either way we get our pay day soon. More dividends !
c
(95)
•••
tollycraft
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Comment by
tollycraft
on May 05, 2022 11:58am
I have been known to be wrong to, and I do agree our time is coming. The financials don't change anything, I've got over thinking if a barrel of oil is up so should our shares follow, it just doesn't work out that way consistantly. I know I also have to get over watching us rise one day, open the next again in the positive and then suddenly drop, for most energy stock I
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(556)
•••
1970Craig
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Comment by
1970Craig
on May 05, 2022 12:27pm
Totally agree. The only thing I don't like is the news often controls the price of oil , and the facts take a back seat , until they can't be ignored. They, CEO - TEAM - and BOARD , I believe are less worried about the stock moving higher , with the NCIB , seeming to be more important. I can't disagree. If they buy 10 percent of the float , 62 M shares.
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(556)
•••
1970Craig
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Comment by
1970Craig
on May 05, 2022 12:37pm
Grant can in one second or as long as it takes to type the message get us to a share price of $12 and more , simply by tripling the dividend. They could do this and nearly wipe out all the debt. So they just are doing things for the longer term. I think I speak for all of us longer term oil investors that the worry about doing things properly , like buying back shares , keeping
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(1)
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Zaccar1
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Comment by
Zaccar1
on May 05, 2022 12:43pm
part of the issue facing us all, demand may be lest robust than we hoped with a recession looming on the horizon. Interest rates climbing making a lot of people nervous as to where they are going to end up. Yields for all of us may climb, with price moving much more slowly that we may have hoped. Energy is still the hated commodity, ongoing reduction in positions triggered by the anti oil movement
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(556)
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1970Craig
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Comment by
1970Craig
on May 05, 2022 12:52pm
Well said !! c.
Thank You
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