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 > Not Making Sense

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Comment by Moemoney42on Oct 28, 2021 4:12pm

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Post# 34060587

RE:Not Making Sense

Meeky wrote: Financials were quite good, so why are we one of the only Canadian oil stocks in the red? Who is holding the share price back?

Simple case of buy the rumour.. sell the news.. the fact that they didn't wait until the Q3 announcement for the increased divi took away the hype that could have been generated today.. lost all the gains that were made since the divi increase.. not too worry.. this will be short lived IMHO.. I'll bet its green tomorrow.. barring a drop in crude prices.. ;-)

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