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 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.

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Whitecap Resources Inc > WTI thru $70

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Comment by filefishon Jun 09, 2021 5:45am

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Post# 33353524

RE:RE:WTI thru $70

Yes, the stocks are mostly flat at a time when they should be flying higher.
It does not seem to be company specific either.
Did oil investors follow the rule to sell in May and go away.?
Are they waiting for Q2 reports to confirm the FCF assumed at current PoO?
Are pipeline bans and anti oil politics weighing so heavily on oil stocks that nothing but massive dividends will entice new investors?
Are investors sceptical that $70 oil will not hold for the long term?