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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's big bet on nat gas
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Post by tylerreddick on Nov 06, 2023 2:21pm

WCP's big bet on nat gas

That looks like a big loser for the next 12 months, at least. Storage levels in the US continue to rise as production keeps breaking records. More LNG export capacity is coming, but is still a ways away. And the winter is shaping up to be another warm one, so gas prices could get really ugly again.

But one day the bet should pay off, hopefully.
Comment by pinecone11 on Nov 06, 2023 4:11pm
>And the winter is shaping up to be another warm one, so gas prices could get really ugly again.< Nov 6 and winter is already shaping up to be warm? Does this mean Santa will not be needing to wear his reddick suit this year? 
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