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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 > Are investors stupid?
View:
Post by jimgeorge on Feb 17, 2023 3:36pm

Are investors stupid?

The stock market is always right, isn't it?  Why does nobody see that oil companies in general, and WCP in particular, are making bags of money at $75 WTI? Every time there's a little fluctuation in world oil prices the market panics - what's wrong with people?  I will keep on collecting my ever-increasing dividends till the cows come home...
Comment by Citizen13 on Feb 19, 2023 9:03am
Oil and gas has become the new tobacco. It's not that they dont see the profits, it's they dont care. Now if you really look at climate change, the animal agriculture industry uses more resources and cause more warming than all of transportation combined . Do the woke dummies blacklist agriculture investment ? Nope.  Again, consistent with all their behaviour they have zero common ...more  
Comment by meritmat on Feb 21, 2023 4:25pm
Money talks You start seeing these companies returning 10% div plus share buy backs people will come running.  
Comment by Davesnothere on Feb 20, 2023 4:38pm
WCP should have a very good 2023. I look forward to the .73 and also the 75% return to shareholders. Only a matter of time.  The only surprises Thursday morning will be the analysts' questions. 
Comment by tollycraft on Feb 21, 2023 9:48am
No argument here Jimgeorge.  I believe oil will stay above $70.00 and we will still make a cr... load of money at that price.  We need to remember, WCP will still make a profit at $45.00 oil and we're a far piece from that.   I have been told to by a few on this board that I look at the stock price too often, and I do agree, it just its a bad habit I have  since 2020 ...more  
Comment by pierrelebel on Feb 21, 2023 1:07pm
jimgeorge asked "what's wrong with people?" Many traders have high short term expectations!
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