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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Comment by Citizen13on Apr 04, 2023 2:46pm
179 Views
Post# 35379346

RE:Wearing down

RE:Wearing downYesterday traders covered their shorts in a panic . Today is the result of not enough enthusiastic buyers and guys taking profits.   Happens every time with these stocks .  If you want this to rocket up every day then probably not the best industry to be investing in.  This is always a slow creaky escalator up and a supersonic elevator down when bad news happens.  There is no easy fast money here anymore . The wokesters and dumb money wont touch it. They'd rather invest in meme stocks, cannabis, bitcoin and way overvalued tech . The criteris is companies that dont make money but may someday . LOL.
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