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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

Post by Dogsbreakfast4Uon Mar 03, 2022 7:49am
229 Views
Post# 34478159

Upgrades

Upgrades Equity analysts at CIBC World Markets made a series of adjustments to TSX-listed energy stocks in their coverage universe on Thursday. Their changes included: Advantage Energy Ltd.(AAV-T, neutral) to $10 from $9. Average: $9.77.ARC Resources Ltd.(ARX-T, outperformer) to $20 from $18. Average: $19.73.Baytex Energy Corp.(BTE-T, neutral) to $7 from $5. Average: $5.86.Birchcliff Energy Ltd.(BIR-T, neutral) to $9 from $8. Average: $9.77.Canadian Natural Resources Ltd.(CNQ-T, outperformer) to $80 from $67. Average: $70.43.Cenovus Energy Inc.(CVE-T, outperformer) to $28 from $25. Average: $22.74.Crescent Point Energy Corp.(CPG-T, outperformer) to $13 from $10. Average: $10.64.Enerflex Ltd.(EFX-T, neutral) to $10 from $9.50. Average: $11.47.Enerplus Corp.(ERF-T, outperformer) to $20 from $19. Average: $17.81.Ensign Energy Services Inc.(ESI-T, neutral) to $3.25 from $2.75. Average: $2.74.Imperial Oil Ltd.(IMO-T, neutral) to $58 from $50. Average: $56.26.Kelt Exploration Ltd.(KEL-T, outperformer) to $7.50 from $7. Average: $7.45.MEG Energy Corp.(MEG-T, neutral) to $20 from $17. Average: $18.50.NuVista Energy Ltd.(NVA-T, outperformer) to $12 from $10. Average: $11.15.Peyto Exploration & Development Corp.(PEY-T, neutral) to $14.50 from $13.50. Average: $14.15.PrairieSky Royalty Ltd.(PSK-T, neutral) to $24 from $22. Average: $20.02.Precision Drilling Corp.(PD-T, neutral) to $82.50 from $70. Average: $79.73.Tamarack Valley Energy Ltd.(TVE-T, outperformer) to $7 from $6. Average: $6.50.Topaz Energy Corp.(TPZ-T, outperformer) to $23 from $22. Average: $24.25.Tourmaline Oil Corp.(TOU-T, outperformer) to $65 from $60. Average: $65.58.Vermilion Energy Inc.(VET-T, neutral) to $25 from $19. Average: $22.67.Whitecap Resources Inc.(WCP-T, outperformer) to $13 from $11. Average: $12.27 =====
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