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 > wcp makes the top movers list - cheers!!

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Comment by GorgeousGeorge1on Jan 07, 2021 2:52pm

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Post# 32246561

RE:RE:wcp makes the top movers list - cheers!!

Rotation of investment going to stocks that needed $50wti to get back up to pre covid levels, ERF being one of them. ERF has been under pressure from tax loss selling also. Nothing wrong with Whitecap, just more upside elsewhere with +$50 oil. Whitecap will hold up much better if oil pulls back under 50

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