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.

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Whitecap Resources Inc

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Post by Anschutzon Jan 16, 2024 11:23am

191 Views

Post# 35829108

WTI over reaction

Saw a talking head on BNN rationalizing the drop in WTI today to the result of yesterday's Iowa primaries. Looking at the WTI chart, it looks like a nothing burger. The upward trend heading into spring is still intact. Days like this are easier to digest when you receive a reliable monthly meaningful dividend. That being said, today's commentary suggests the establishment will use Trump's support as reason to suppress WTI and Canadian companies.

GLTA