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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 > No CPG comparisons?
View:
Post by jimgeorge on Apr 30, 2024 4:41pm

No CPG comparisons?

So WCP stock is down way less than CPG.  Anyone notice?
Comment by masterthink on Apr 30, 2024 5:25pm
What the heck ......
Comment by barneyj44 on Apr 30, 2024 5:44pm
I noticed, nice too see. As I said before getting paid monthly helps with the fluctuations.  Especially days like today. Long on Wcp, Cpg and Bte.
Comment by Westcoastenergy on Apr 30, 2024 5:46pm
lol. exactly
Comment by Onemoreboom on Apr 30, 2024 6:13pm
All the comparisons are made on trends. That's why you didn't see in depth commentary on today's one off. Makes sense, no?
Comment by MyHoneyPot on Apr 30, 2024 7:59pm
CPG has almost 4 billion in debt, and owning the CPG stock is like buying a $10 dollar stock and carrying 40% of the value on Margin.  In my Opinion CPG is already highly leveraged, so if you margin a stock that has margined itself you get extreme volatility.  By the time CPG gets their debt down to a reasonable level, i expect that WCP will be producing more that CPG because they are ...more  
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