Whitecap Resources Inc T.WCP

Why ? Sold ?

[stocktalk]

Did Eric Nuttal poster child of wcp dump all his holdings ??

I don't see it on the nine points web page.

[pierrelebel]

Eric Nuttall has been very clear in his message to CEOs: "Time to get serious and get more aggressive NOW! 75% is the minimum industry standard going forward." That was the plan with WCP - pay down the debt (debt free in 2023), increase the dividend substantially and buy back shares. However, a few weeks ago WCP decided to change track, borrow over one billion dollars (repayable in

[barneyj44]

I beleive Eric holds Whitecap in his Oil income fund. As a holder of Whitecap and Crescent Point they both suck lately. Cpg is giving back all the gains in the last couple of trading sessions after a very nice dividend increase last week. Tough market.

[NonCredibleSrc]

Bear in mind - funds are actively traded and rebalanced. He may not have sold, but may have bought enough of 'something else' to remove WCP from the top 10...

[stocktalk]

He dumped ! confirmed.

[Cobalt]

No way he has sold yet would show in the charts moving that volume some day maybe into a run strenght , rare up day guess the new 40% Nat gas is working today.