Q: hi folks:
why do you suppose whitecap is around 2 year lows?
seems like most 'in the know' favour it as a well run, solid energy co
comments?
thanks
why do you suppose whitecap is around 2 year lows?
seems like most 'in the know' favour it as a well run, solid energy co
comments?
thanks
5i Research Answer:
We do not see any company specific news regarding WCP since its results in October but there have been some modest target price cuts since then. WCP continues to be a consistent monthly dividend payer and will move with energy prices in the short-term. The shares are cheap, yield is high and is starting to pay debt back down which is nice to see.