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 > Whiny bunch

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Post by Realdude on Mar 11, 2024 10:29pm

Whiny bunch

Oil and gas is down for simple reasons. Too much godamn supply. These guys need way more discipline. Stop drilling so much. Nvidia has crazy sales with very high demand. Oil CEOs need to be fired for their overproduction....

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Comment by barneyj44 on Mar 12, 2024 1:15pm

Not so much a whiny bunch , just frustrating Whitecap doesn't keep up with the joneses (Crescent Point)anymore.

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Comment by barneyj44 on Mar 12, 2024 1:17pm

At least it's pay day on Friday. .06 cents per share.....

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Comment by Anschutz on Mar 12, 2024 1:45pm

Which is almost double compared to CPG. Looking forward to what management has to say next month and their plans for 2024. Although not reflected in the shareprice the price of oil has been strong and earnings should be good. Looking forward to more debt reduction, share buybacks and rising dividend.

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Comment by baranja on Mar 12, 2024 4:20pm

Rubish. WCP (and any oil company) has also "crazy sales" and paying off debt and making profits but somehow, "market" is not putting a P/E of 150 linke Nvida, but only 5 or 6. If WCP was pumped like that it would be $300 a share. Nvidia has market cap of 2 + trillion dollars, bigger makret cap then GDP of large number of countries, combined. They ...more

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Whitecap Resources Inc