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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

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Post by DivChase on Aug 14, 2024 3:48pm

Not again

From best performing stock early in the day to worst at close.
Comment by DivChase on Aug 15, 2024 9:32am
Worst performing stock this morning.  Maybe it will be best by close. Somehow I very much doubt it.  
Comment by DivChase on Aug 15, 2024 10:01am
Wife has finally had it with this chronic underperforming stock as well.  Also she laughed at Grants goal to get the div yield between 4 and 5% by increasing SP.   she laughed because he has no plan.  She agreed to dump this shiza at 10.50.  I'm eager to get this done cause this will be a 10$ stock forever.(see last decade)  Wasn't able to dump yet this morning but ...more  
Comment by traderbri on Aug 15, 2024 10:53am
Well it hit $10.52, you must be out. Sorry to see you go. Its still a good stock to hold for the long term, with a juicy dividend. Cheers  
Comment by DivChase on Aug 15, 2024 11:05am
10.51.   I hope I'm wrong and it's a 12$ stock.  Good luck to all.   I just feel an oil major is the way to go.  Especially once the differential really starts to narrow. 
Comment by baranja on Aug 15, 2024 11:36am
If you are looking for capital appreciation, major is maybe not your best bet. I would not sell WCP,  I call WCP @ $12 before November.
Comment by DivChase on Aug 15, 2024 12:17pm
I hear Ya!   Normally I thought same.   Something has changed though.  Look a 1 year comparison between WCP and SU, IMO, CNQ.   I know it's a narrow window,   But in my opinion, the expected narrowing of the  oil price differential due to TMX will be a driving factor for oilsands for at least 2 years of outperforming capital gains.  And thier dividends are ...more  
Comment by Anschutz on Aug 16, 2024 7:53pm
I think the only way we see WCP there by November is if war breaks out in the ME.  There's definitely forces on both sides trying to raise/lower the price.  It's going to be a wild fall.
Comment by DivChase on Aug 15, 2024 10:37am
Boom.   God ridden 
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