Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

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

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TSX:WCP - Post Discussion

Whitecap Resources Inc > Dead money

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Post by incomedreamer11 on Oct 11, 2023 11:19am

Dead money

Nothing can move share price above 12 CAD, now you have income only from dividends growth

Partly sold one year ago for 12 CAD still below 18 CAD in 2014.

For dividend growth resource company not reliable, from 2014 WCP cut and increase

dividends many times.Some big oil and gas company close to all-time high

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Comment by Citizen13 on Oct 11, 2023 11:45am

$18 is in 2014 dollars . The true price at the time considering inflation would be closer to $ 24 . That's over 100% upside we need to attain to get a ten year capital gain of zero dollars . And this is a much more profitable and larger company than the WCP of 2014. Other than trading in and out and be lucky doing so, yes this has been pretty much dead money due to greed and ...more

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