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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 1970Craigon Jan 17, 2022 6:08pm
192 Views
Post# 34326349

RE:We crossed the Rubicon today folks

RE:We crossed the Rubicon today folks

Agreed Wingod !!  Interesting the resistance we had getting to 8.  However had zero getting to 9. 

     Makes me think the shares used in purchases we handed out were being let fo slowly under 8 .  Doest matter what held us there for so long because no one left selling below 8 !!!    

       I get this feeling we are going to 10.   Before we see any kind of consolidation or pull back.   You know a breather is coming.   Last time someone mentioned RSI numbers shows over bought.   Wonder what it is now.  

      Either way going into earnings next month.  I feel we are going higher because was simply undervalued even after that run up.  There is 30 percent minamum to get where we belong.    We are over time a 20 dollar stock of prices remain strong.   We are 11 to 14 in the next few months.   

     Congrats everyone.  Sincerely happy for anyone who has been long .  

Craig. 

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