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 > Surprised - Question to ask yourself !!!

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Comment by pierrelebelon Apr 05, 2022 2:05pm

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Post# 34577559

RE:Surprised - Question to ask yourself !!!

1970Craig asked " Who that is a serious investor is selling at or around this price ?"

Looking at yesterday's transaction, while the seller has not been identified, I suspect it was the Canada Pension Plan.

They are the only institution to hold more than 10,000,000 shares (27,784,000 at 3/31) and they have made it clear over time that they will sell their oil and gas holdings over the next few years.

The second largest shareholder is British Columbia Inv Management (8,835,000) followed by Nine-Point Energy Fund (7,500,000)

link to large shareholders

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