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.

TSX:WCP - Post by User

Whitecap Resources Inc

Bullboard Posts

Post by slacker101on Aug 16, 2016 11:39am

71 Views

Post# 25146129

Gotta love it.................

institutions running up oil futures right now on low volume ahead of the inventory reports tonight and tomorrow. Selling hope to hopeful retail investors. They sell while retail buys.

Of course there will be a 'surprise' build, oil will drop, scared retail investors will panic and sell. The institutions will short, buy back lower and start the cycle again.

Want to bet that WCP will go down disproportionately more than other sweetheart stocks?

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