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

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Comment by GasPro2017on May 06, 2020 2:12pm

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Post# 30994155

RE:WCP vs CPG

It'll catch up.

Relative to the closing price on March 6th, the Friday before everything collapsed, WCP is indeed lagging many peers.

In some cases, company's share prices are 65-75% of what they were before the collapse. CVE for example. OVV another one. many examples.\

WCP is currently 50% of its March 6th close.

Point is, it is lagging, but that presents an opportunity. It could go up to $2.5, and still be behind some peers in terms of recovery.

The kicker is, is that WCP is one of the best run companies. I don't lose sleep holding this one

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