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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 > Conjectures
View:
Post by WINDGOD46 on Dec 19, 2022 3:55pm

Conjectures

I take issue with these so called "analysts" who always pontificate on the price target of equities and they never hit the target or even coming close to it.Wonder, don't they have any shame or remorse of their blunders? Don't they realise that there are people out there who take them seriously and get burned. But I suppose they do not care as long as they get paid for their 'predictions' by the companies whose stock they rate.  So, folks beware the "analysts" bearing gifts.
Comment by Citizen13 on Dec 19, 2022 5:54pm
Yep.  They all say the same things . " the stocks in this industry used to trade 8X blah blah now only 2X . "   Yes, when fossil fuel was in vogue and everyone wanted to be part of the action . That has changed , likely permanently . It is toxic waste for many investors, both private and hedge funds.  The predictions of WCP are lofty . $ 15-$18 in a year ?  What is ...more  
Comment by barneyj44 on Dec 19, 2022 9:06pm
I ended up buying more today on the Whitecap duvidend hike. A 6% dividend yield with capital appreciation (eventually) has good risk reward. Now that Oil and Gas companies are getting there houses in order (debt) I can see more M and A happening in 2023 and even some companies going private...Happy holidays....
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