Whitecap Resources Inc T.WCP

WCP - @ $75 OIL - 1.18 B Discretionary Cash Flow

[1970Craig]

At  $0.03 dividend per share monthly this is $214 M annually according to the June presentation on the company's web site.   

    At $75 dollar oil they have $1.18 Billion in discretionary Free cash flow !

  So they can pay $2.16 cents annually , have approx $100 M left to throw a party for Biden when he is punted , and meet all capex and 2-5 % growth on top of that.

     This changes every time they buy a share , or .......oh isn't oil $105  plus plus ?    

   This is all on the company web site and if you are discouraged at all , just go to the June presentation!!
  It will put a smile on your face !! 

  That is my daily ramble !!
C

[1970Craig]

Sorry I forgot to say I averaged down today. Little scary but like I said read the June report.     C 

[tollycraft]

Excellant report/presentation.  We are at $105 a barrel this morning and I do expect it will drop some over the next couple of days.  In the end, this stock is still under valued, regardless of the price of oil.  If oil was at $90.00-$80.00-$70.00 this still does'nt diminish the share value or price. of this stock.  To me,investing is about puting your money in a company