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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 > oil price drop
View:
Post by Farmer12 on Oct 28, 2024 11:59am

oil price drop

I was able to pick up a few thousand WCP this morning for $10.29 at the open. In retrospect I should have grabbed a few more, boo hoo, hoo.It was always very unlikely that Israel would strike Iranian oil infrastructure just before a U.S. election. The possibility is still on the table depending on Iranian actions or retaliation or escalation. The mullahs are famous for their godliness and capacity for forgiveness, so maybe I'm wrong.This is a solid company with a sweet dividend. Dont worry, be happy!
Comment by tollycraft on Oct 28, 2024 12:03pm
Good move Farmer12.  I should have grabbed some more too but miised the boat, D... it!!  LOL GLTA Tollycraft
Comment by goldens on Oct 28, 2024 4:23pm
So Iran will hit back in a few days and see what they hit. I imagine Israel did not hit oil facilitites at the request of the US but it may be a different story next time. This will not stop until there is an all out war in my opinion. Very sad state of affairs.
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