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 > Can’t believe we’re red

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Comment by mlcb12345678910on Oct 15, 2021 4:04pm

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Post# 34011775

RE:RE:Can’t believe we’re red

You go ahead and do that. I invested in oil 16 months ago because I had a conviction that prices were going nowhere but up due to ecomic recovery combined with the policy errors associated with ESG and Government Environmental plans. Also, the vast majority of analyst / talking heads are very positive on oil going into Q4.

Since then I have benefitted a number of times as weak hands have sold so they could book a 10% gain.

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