Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > The prairie advantage
View:
Post by Grandcentral on Jul 17, 2022 8:37pm

The prairie advantage

Those of us that live in the prairie provinces know first hand how well the oil and gas industry is doing - sometimes I take this for granted, and loose sight of why things disconnect from reality.
The sky is not falling in the oil and gas sector as some might be preaching (but the complete opposite) - what is the motivation of these false prophets? Steal your shares is my best guess - we are about to witness a massive rotation into oil and gas. What we've witnessed recently, was the coordinated weakening of the entire sector to facilitate this rotation at a more advantageous price point.
Summer is often a time of weak stock performance, so no better time to execute the undermining of commodities and stocks to increase buying opportunities with lower SP and larger volumes as we recover.
I believe the opportunities are now, and can't see much more disconnect from fundamentals than we are seeing today.
I look forward to the rotation, and energy rally.
WCP has a massive runway.
It won't be far off now.
IMO and GLTA
Comment by yureja5 on Jul 18, 2022 12:10am
This post has been removed in accordance with Community Policy
Comment by 1970Craig on Jul 18, 2022 4:53am
I can't agree more.   We are worth $8.40 ( joke )  a share or 5.2 B approx market cap and debt is 2.1 B aporox September 1/2022.  They say debt will be 1.3 B before end of first half 2023 , CIBC models this prior to or at 1st Q 2023.     If we are going to pay down 800 M in debt in 9 months or 3 Quarters max being conservative.   Well , anyway I did some ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities