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... see more

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TSX:WCP - Post Discussion

Whitecap Resources Inc > Wearing Thin

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Post by tollycraft on May 18, 2022 11:35am

Wearing Thin

WE opened up .14 cents this morning and are now down -23. On May the 10th we closed at $9.52. It took us until yesterday to claw back to a close of 10.57. Are going to give ut all back today? I guess we'll find out.

GLTA

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Comment by traderbri on May 18, 2022 12:25pm

Just have to hang in there, there is no better place to be but in a good oil stock. Sure, it will get knocked around a bit but WCP is as solid as any oil stock out there. I would be anxious if oil was free falling but is very strong giving WCP incredible income and good dividend to boot. Don't watch the daily fluctuations. Cheers

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Comment by tollycraft on May 18, 2022 4:22pm

Good advise traderbri, I agree. I just get a little wore out watching this stock daily. I dont day trade so should just check in once a day and get over it. I agree with WCP being an excellant company and oil is good as it still was almost $110 at close, cant complain about that and the fact we could still get a dividend if oil was at $45 so really nothing to whine about ...more

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