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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 Anschutzon Apr 02, 2024 1:37pm
127 Views
Post# 35965617

RE:RE:RE:RE:RE:RE:RE:RE:RE:WCP is a huge laggard

RE:RE:RE:RE:RE:RE:RE:RE:RE:WCP is a huge laggardI think it's a couple things.  CPG shareprice took a beating with the HH deal.  Many institutions were underwater for participating in the bought deal.  They have incentive to help drive the stock higher.  Secondly CPG has a US listing.  It seems every second talking head on BNN mention how investment is fleeing Canada and how Canada is not a place to invest under the current regime.  I haven't looked at the shares traded on US vs CDN exchange, however think this could be a factor.  There are more US/International funds unconcerned about NGOs.  Canada's coporate class has been captured with Canadian banks and investment funds not willing to step out of line, else feel the wrath of the weaponized woke third party NGOs against them.

baranja wrote: So frustrating.. look at CPG.. totaly left this behind.. Why?  Why is this lagging?  It doesn't make any sense.

JamesT wrote: again lagging CPG today. 90 cent differential now





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