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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 BigJake on Sep 04, 2024 4:50pm

API

I know draws don't matter but it's 7.4 mbrls this week
Comment by DivChase on Sep 10, 2024 11:45am
But traders certainly take these reports seriously when there is a build.  Todays for 'no reason' crash will  almost certainly be attributed to a big build in the API& EIA reports. These oil inventories level are not secret.  The banks and hedge funds all have moles in there.  
Comment by tollycraft on Sep 10, 2024 12:03pm
Can't argue that, good point, But I still feel a bump in the dividend is an excellant incentive to buy this stock.  I realize, we already have an excellant dividend, but more return to the shareholder always looks good. GLTA  Tollycraft
Comment by Ocalaman on Sep 11, 2024 9:06am
while everyoen likes dividend increases this wont be the case for wcp as thier are sitting at close to 100% po ratio with the current dividend.and with the recent weakness in oil price probably over that ratio now. I prefer they stay the course and keep financially healthy rather than giving the farm away today for a poor outcome down th road.  They telegraphed thier intentions well on the ...more  
Comment by Davesnothere on Sep 11, 2024 12:12pm
No doubt why so many experienced players give WCP a big thumbs up  
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