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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

TSX:WCP - Post Discussion

Whitecap Resources Inc > No board genius has yet provided a sensible reason WHY
View:
Post by pinecone11 on Jun 29, 2022 6:34pm

No board genius has yet provided a sensible reason WHY

WCP declined only 6.17%  or 60 cents per share today while
CPG declined 7.59% or 77 cents per share

Supposedly, reading early AM posts, WCP management had created a major disaster,
and hoards of disillusioned rats were going to abandon the good ship Whitecap today.

Were investors dumping CPG in preparation for buying WCP?
Comment by Theconsortman on Jun 29, 2022 7:27pm
Well I didn't dump my position today. That being said not happy that Grant decided to spend free cash flow rather than give it back to the shareholder. This is exactly the behaviour that management teams were guilty for in the last run up. I want my money. I don't care how much production you have. I'll sleep on it.
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