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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

Comment by mogilnyon Sep 10, 2021 1:15pm
102 Views
Post# 33840403

RE:Floundering like a fish out of water

RE:Floundering like a fish out of waterThe volume is light, mostly just bots scalping pennies on the swings of WTI.  Mid and small E&Ps have become proxies for their oil bets.   Technical traders are also seeing an upcoming death cross so they are likely avoiding WCP at the moment.    Waiting for some good news to lift this stock up.  
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