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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 > Time for WCP to shine
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Post by Anschutz on Apr 15, 2024 10:20am

Time for WCP to shine

Luster is coming off CPG now that the games with the shareprice by BMO and others has been exposed.  Unless oil recovers and heads higher, I think we see CPG slip below 11.76.  I would not be surprised to see WCP creep higher over the next two week on anticipation of earnings, dividend announcement and news.  All while CPG heads lower as the reality of 30+ million shares hitting the market sinks in.  I'm not sure we will see parity, however I think we will see the gap close significantly for those that want to jump ship.

GLTA
Comment by tollycraft on Apr 15, 2024 11:58am
All good points Anschutz. I think we will see a very good 1st quarter as oil has been relativly stable over the past 3 months. I'm really hoping good enough to bump the dividend.  I know there's a real differance of opinion out here on dividend increase vs buy backs, but I still believe, if WCP wants to see genuine investor interest, and wants to see long term investores, they really ...more  
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