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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Energy Oil & Gas E&P
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 > Middle East Uncertainty
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Post by Farmer12 on Nov 01, 2024 12:09pm

Middle East Uncertainty

I bought a few more this morning. Israel and Iran are lobbing missiles at each other. We assume that the mullahs and sheiks of Iran and the Gulf States are logical, cosy and comfortable with the youngest of their four wives, which can be updated periodically. The wider population of Iran and the Arab states are much more radical and easily inflamed. The world believes that oil is sloshing around in great abundance and maybe that is true, but sometimes shite happens in a volatile area. WCP seems like a low risk, maybe even a profitable way to keep a finger on the issue.
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