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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Post by 2021Gambleon Jul 08, 2021 11:04am
130 Views
Post# 33511942

spr -1.2 crude -8.0; ttl inventories -11.1

spr -1.2 crude -8.0; ttl inventories -11.1
1 minutes ago
7 Reads
Post# 33511926

spr -1.2 crude -8.0; ttl inventories -11.1

Summary of Weekly Petroleum Data for the week ending July 2, 2021

U.S. crude oil refinery inputs averaged 16.1 million barrels per day during the week ending July 2, 2021 which was 184,000 barrels per day less than the previous week’s average.

Refineries
operated at 92.2% of their operable capacity last week.

Gasoline production increased last week,
averaging 10.6 million barrels per day.

Distillate fuel production decreased last week, averaging
5.0 million barrels per day.


U.S. crude oil imports averaged 5.9 million barrels per day last week, decreased by 0.5 million barrels per day from the previous week.

Over the past four weeks, crude oil imports averaged
about 6.5 million barrels per day, 2.2% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 1.0 million barrels per day, and distillate fuel imports averaged 131,000 barrels per day.


U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.9 million barrels from the previous week.

At 445.5 million barrels, U.S. crude oil
inventories are about 7% below the five year average for this time of year. Total motor gasoline inventories decreased by 6.1 million barrels last week and are about 2% below the five year average for this time of year.

Finished gasoline and blending components inventories both
decreased last week.

Distillate fuel invento
ries increased by 1.6 million barrels last week and are about 6% below the five year average for this time of year.

Propane/propylene inventories
increased by 0.5 million barrels last week and are about 18% below the five year average for this time of year.

Total commercial petroleum inventories decreased by 9.9 million barrels last week.
Total products supplied over the last four-week period averaged 20.9 million barrels a day, up by 17.8% from the same period last year.

Over the past four weeks, motor gas
oline product supplied averaged 9.5 million barrels a day, up by 12.5% from the same period last year.

Distillate fuel
product supplied averaged 4.1 million barrels a day over the past four weeks, up by 17.9% from the same period last year. Jet fuel product supplied was up 81.9% compared with the same four-week period last year.

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