Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is a Canadian clean energy 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 and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.

TSX:WCP - Post by User

Whitecap Resources Inc

Bullboard Posts

Comment by fishowlon Apr 23, 2019 7:26pm

115 Views

Post# 29662186

RE:RE:Short Interest April 15

You are welcome.
I wanted to know if short interest was going down since the beginning of the month as WTI oil prices were going to over $60. It's surprising that short position didn't change much since March month end. The short interest works out to 4.4% based on 413 million shares outstanding. As you mention, it should provide upside or at least support as we have a pool of buyers.

The link to the report includes historic reports for those that are interested.

orlandofl wrote:

fishowl wrote: Here's the latest TSX short interest report.

https://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/consolidated-short-position-report.aspx

Security Issue Name Security Symbol Exchange Code No.Shares Net Change
WHITECAP RESOURCES INC. J WCP TSX 18,206,978 -97,474

thanks for posting this - a very large short to cover at over 18M shares short - should add to the upside if oil keeps going up - I saw BTE with over 15M short

if oil prices creep up to $70 wti then we could see a decent move with these short positions