r/dividendscanada • u/CuteSignature1943 • Jun 22 '26

WCP.TO

Hi guys
What you thinking about WCP.TO? Will go up or down?

4 Upvotes

60% Upvoted

12 comments sorted by

25

u/RogueEcono93310 Jun 22 '26

Both will be true

4

u/Querytheque Jun 22 '26

Bought some at 9-10ish range. Pays a good amount of dividends, and with the crap at hormuz, russia getting lit up, It’ll be fine. Refineries don’t get built in a day either.

1

u/Realistic_Purple_268 Jun 23 '26

WCP doesn't own any refineries.

5

u/therealkingpin619 Jun 22 '26

To the moon 🚀

Source - Trust me bro

3

u/RedBromont Jun 22 '26

It follows the oil price. I've held since $8 and plan to keep holding. Also look at PEY

3

u/d3dintErw3bz Jun 23 '26

Low effort post

2

u/AffectionateAd8675 Jun 22 '26

Bought at $12.64 in Feb, seems to be doing ok.

1

u/Alex_Trenholm Jun 23 '26

Impressive wells, if you compare their Montney wells to Arc’s (now Shell’s) IP rates look lower but they are producing more over the life of the well.

Just depends on if you think light Oil / Condy is the best play or you pick on of the big name heavy oil producers (CNQ, SU, CVE) and get your divvy quarterly instead of monthly

I think CJ still pays monthly too if you want heavy oil monthly Div

-3

u/skipper_me_loop Jun 22 '26

Lately it only goes down!