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 > share price - relative weakness

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Post by filefishon Mar 17, 2021 3:50pm

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Post# 32818718

share price - relative weakness

I am pretty sure that the recent share price weakness has to do with Funds rebalancing TOG / WCP share holding weights in their portfolio and to a lesser extent some TOG shareholders selling. Fundamentally everything looks great now for WCP and when Q1 hedges roll off things will be even better. Management certainly has their hands full digesting the NAL and TOG mergers but there will be great synergies over time.

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