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 > Whitecaps buying

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Comment by bassfishing88on Nov 01, 2021 6:02pm

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Post# 34075038

RE:Whitecaps buying

Your scenario is possible but here is the problem I am seeing right now. These stocks mostly move with algo's,institutional buying and retail buying as well.If we look at the 12 month target placed by analysts it has one of the highest % gain of all the oil/gas plays.Therefore it should be leading the pack not laging as the return should be one of the best if the price target is correct.Right now the price movement and the buying is not showing this.Why, i have no idea but someone is surpressing the movement up.Someone enlighten me please as I am dumbfounded how we move.

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