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 > Large insider sell

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Comment by malx1on Apr 14, 2021 11:39am

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Post# 32992887

RE:RE:RE:RE:Large insider sell

Riski, there's hundreds of reasons why insiders sell but there's only one reason why they buy.

Wouldn't worry too much about one 60k share sale, it's not even $500k.

Often chunks are sold to pay off debts or to free up capital to pursue a new venture. Estate planning is also a big one. Who knows. With covid19 lockdowns there's been plenty of marital breakdowns.

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