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 > Natural Gas is back to $3

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Comment by baranjaon Jun 11, 2024 3:17pm

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Post# 36083290

RE:RE:RE:Natural Gas is back to $3

LNG that is...

baranja wrote: That is the result of having one single customer only, who sets it own prices of your own commodity, takies it liquifies it, and sells it to Europe as his own "domestic" NLG for 10 times more.

meritmat wrote: Means nothing

spot price for Canadian producers is around .80 cents

Granted I'm not sure what they have hedged

https://www.gasalberta.com/gas-market/market-prices