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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 > The Baytex effect
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Post by barneyj44 on Feb 28, 2023 11:45am

The Baytex effect

Oil up and Canadian Oil companies down. Ceo's getting itchy trigger fingers to buy, buy , buy instead of dealing with debt. Hope Grant puts a lid on it for awhile and uses the Fcf to pay down debt...
Comment by tollycraft on Feb 28, 2023 11:50am
You hit it right on the head!!!   GLTA
Comment by jimgeorge on Feb 28, 2023 4:23pm
BTE in a completely different situation than WCP.  BTE has short life reserves, their Permian lands are getting stale and they're non-operated so they have no control.  They had to get some properties with more running room and hopefully they can turn this acquisition into a lower decline asset.  That is the game today, you have to maintain production with a fraction of your ...more  
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