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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 > Private equity
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Post by Anschutz on Apr 02, 2024 2:44pm

Private equity

Lots of chatter on business channels today about how Canada is at it's lowest point ever in regard to the startup of public companies.  Further chatter about how Canada is also witnessing an unprecedented level of public companies being bought out by foreign private equity.  This is a very scary trend for Canada. 

How long will it be before private equity takes note of Canadian companies generating billions in wealth, trading at historic low multiples, that are almost completely shunned by public investment?  I predict that if we are truly entering a new era of higher oil prices as Nuttal suggests, it is only a matter of time before we see private equity start buying up Canadian energy companies.

This federal government really needs to go.  Canada is truly on a path that will see private corporations controlling all aspects of life.  Average citizens will lose their ability to generate personal wealth and security.
Comment by Citizen13 on Apr 02, 2024 5:29pm
When your PM answers every single question regardless of the topic with " But the forest fires !!!!!!"  its time to release the child .   He's not a man , he's a 22 year old boy just out of college . He makes me want to vomit every time I hear his voice . Canada has a massive problem with investment in machinery and anything related to increased productivity .  My ...more  
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