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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 > WTI - The Big Picture
View:
Post by pierrelebel on Oct 18, 2022 12:03pm

WTI - The Big Picture

Things are not as bad as they look.  Substantial drops short term, not so bad when you look at 2023.

Nov-22     82.55 -2.91 (-3.41%)
CLX2
Dec-22     81.78 -2.75 (-3.25%)
CLZ2
Mar-23     78.92 -2.22 (-2.74%)
CLH3
Jun-23     76.68 -1.67 (-2.13%)
CLM3
Sep-23     74.69 -1.56 (-2.05%)
CLU3
Dec-23     73.43 -1.19 (-1.59%)
CLZ3
Comment by 1970Craig on Oct 18, 2022 12:41pm
December 2023 if this was the actual price , we wouod be making 33 dollars a barrel USD.    Amazing !  Good post. - perspective. That's what we have.  Soon others will as well !!    C
Comment by pierrelebel on Nov 19, 2022 10:17am
As stated previously, too much emphasis is given to short term WTI price (next month). Take a look at closing prices yesterday (Nov 18): Dec-22    80.11 -1.53 (-1.87%) CLZ2 Mar-23    79.68 -0.99 (-1.23%) CLH3 Jun-23    78.41 -0.57 (-0.72 ...more  
Comment by 1970Craig on Nov 20, 2022 1:13pm
What Pierre says !!  He is right !  However we are all a little sick and we love to punish ourselves on the daily. !        I will say this is the best sector aside from BIT COIN for volatility therefore lots of fun.  Box of chocolates kind of stuff        If you are watching like myself daily I think we should see that move if we ...more  
Comment by tollycraft on Nov 21, 2022 9:50am
I agree with pierre as well but it still drives me nuts when we have days like this. GLTA 
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