Whitecap Resources Inc T.WCP

CPG down .57 WPC down .50

[pinecone11]

Are CPG shareholders disappointed about WCP making the XTO deal?

[bbwibone]

CPG shareholders have seen the dumpster fire the WCP CEO created and are afraid the same will happen. Don't worry - in 2024 WCP will give you 75% of FCF. They promise.

[pinecone11]

>CPG shareholders have seen the dumpster fire the WCP CEO created and are afraid the same will happen. Don't worry - in 2024 WCP will give you 75% of FCF. They promise.< I believe that is what is called a "Chicken Little" reaction. So you're saying that CPG shareholders mindlessly run whenever they see other chickens running?

[bbwibone]

Perhaps CPG is being shorted on the risk they repeat the sins of WCP and previous CPG CEOs. Perhaps this can be a lesson for CPG to use their FCF to buyback stock and not grow the company.

[pinecone11]

>Perhaps CPG is being shorted on the risk they repeat the sins of WCP and previous CPG CEOs. Perhaps this can be a lesson for CPG to use their FCF to buyback stock and not grow the company.< Perhaps the sky really IS falling in! And perhaps Putin will run out of buyers of Russian oil; perhaps China and India will bow (kowtow) to the West and will choose to pay a higher price for non-Russian