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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 > WCP - SOMETHING IS COOKING
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Post by 1970Craig on Oct 28, 2022 4:07pm

WCP - SOMETHING IS COOKING

JUST A PREDICTION :   Possibly the reason WHITECAP didn't announce the div increase , is it's kinda already announced ?  The other though,  is I could beleive  they have sold non core assets and will be changing the dividend along with this announcement sooner than later !!

     

   Keeping good vibes !! 

C

Comment by pierrelebel on Oct 28, 2022 5:42pm
1970Craig wrote "...Possibly the reason WHITECAP didn't announce the div increase , is it's kinda already announced ?..." You may be correct.  The TD analyst came to the same conclusion: there will be a dividend increase before year end. If that is the case. I see two possibilities. An increase announced on Nov 15th for the Dec 15th payment or An increase announced on Dec ...more  
Comment by baranja on Oct 29, 2022 12:12pm
possibly. Dump non-core lower debt increase Dividend. This could be their strategy, for sure.
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