Whitecap Resources Inc T.WCP

BTE compared to WCP Eric is full of BS

[ppp]

So BTE is the number 1 pick for EN, Here is why WCP is a better buy.

Based on Q2 numbers

1  EV per flowing Q2  BTE debt was 1.123 bil, MC 3.564  EV  4.687 bil ,production 83.090 works out to 56,000 per flowing.  CFper share 63 cents.

2 WCP debt was 674 mil MC 5.753 bil  EV value 6.427 bil  production  132,293  price per flowing 48,000    CF per share 1.08

So why would one buy BTE over WCP. The thing If you run the proforma numbers on XTO for WCP and compare them to BTE, WCP blows BTE out of the water.

So EN, Why would I buy a company that has much less CF per share and trades for more money per flowing.

[stocktalk]

Exactly, Nuttal is overated, a good salesman and knows the oil market. Love him or hate him, I know we are better without him. Can't wait till we drill a few holes at XTO, but we have to be consevative drilling cost.

[jleer42]

Hey PPP, I own both WCP and BTE. I agree WCP is a great buy, which is why I own it as a long term investment. When looking at BTE you need to take a hard look at hedging and and the Clearwater. Hedging in 2023 is much better: 20% as opposed to 40%, and $96 sold call as oppsed to $68. Clearwater is just an incredible area to be invested in. Some - not all - of the wells have paid back literally in

[Citizen13]

The dude needs to justify his fee to his plebes . So he recommended and bought WCP then sold it . Now he has to buy something else to show that an active fund manager is worth his fee, which he is not of course. Proven time and time again to not be the case but the peons are convinced it'll be different this time.  He's a hamster on a wheel . There's enough gullible people to make