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 > Large insider sell

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Comment by riskion Apr 14, 2021 11:27am

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Post# 32992804

RE:RE:RE:Large insider sell

More information on this unusual event of an insider dumping 60,000 shares. It looks like he sold on the very first day the performance shares were available for selling. Like he was sitting on the sell button and couldn't get out fast enough.

Based on today's price action, it looks like he has poor timing.

MissUppercut wrote: From TD Webbroker today:
Apr 7/21 Richardson, Timothy James Direct Ownership Exercise for cash Performance Awards 0.00 -60,000 -40.2% Account Balance $89,167

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