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

Add To Watchlist

TSX:WCP - Post Discussion

Whitecap Resources Inc > Still holding Whitecap

View:

Post by Wildfury on Jun 07, 2022 12:53pm

Still holding Whitecap

A few weeks ago I was ready to pull the trigger and move on from WCP. Well I can say is that a friend that has a buddy who is the CEO of a Toronto based investment firm told him to load up on WCP and others. He feels WCP will touch the upper $20's within 2023. I'm back in patience mode once again, with these current energy prices WCP will certainly hit the $800 million debt target and hopefully a bump in the divi/special divi to follow.

723

Comment

Comment by baranja on Jun 07, 2022 3:32pm

WCP has way more room to run. it didn't run as much as the other oil,.. while it is insane cash machine. I dont' think they know what to do with the cash.

236

Comment

Comment by NonCredibleSrc on Jun 07, 2022 5:36pm

$16-18 by end of year is my estimation. Lots of room for growth!

184

Comment

Comment by tollycraft on Jun 07, 2022 5:47pm

Yupper baranja, our increase was half of some others. I have said it before, we are overdue for our time. The upside is, we are going the right way so when WCP announces the dividend increase (which is inevitable), we would have gained a lot more ground. I sure hope management announces the increase sooner than later so we can "catch up" In any event, a good ...more

414

Comment

Whitecap Resources Inc