Whitecap Resources Inc T.WCP

A nice mention by Scotia

[Westcoastenergy]

"Which companies are likely to grow the most? The companies with the highest production growth rates include: IPCO, SCR, VRN, WCP, MEG, and CVE with CAGRs greater than 4% (Exhibit 1). Companies with the highest FCFPS CAGRs over the next 5 years, reflecting a combination of efficient production growth and operational improvements include: CVE, MEG, IPCO, and SU (Exhibit 2)"

[Citizen13]

Not sure why production growth is a valued thng ?   Didnt that become a no no after the 8 years of companies boosting production growth and destroying the market ?  Non OPEC is growing into a low demand growth market . Should be punished , not praised . Oil down another $ 2 today so far ecause " somebody in the know heard from his cousins sister that Saudi will let the market tank

[Westcoastenergy]

It's easy to hold WCP as a long term hold. Daily/weekly gyrations become irrlevant.  Very good dividend with a very bright future ahead. Dividend protected down to, as I recall, $50/barrel, perhaps even lower. Slow and steady wins the race.  

[Citizen13]

Not everyone is in it for the dividend .  There are other much more stable companies with a dividend close to WCP's . The oil market is looking very gloomy unfortunately . The perfect storm is happening...again . They just never learn.  It's not even close to be oversupplied but just the knowledge that capacity is available makes traders short the market . Look at today , did you