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.

TSX:WCP - Post by User

Whitecap Resources Inc > Stock's volatility

<< Previous

Bullboard Posts

Next >>

Comment by Praxis1on Mar 07, 2022 4:20pm

189 Views

Post# 34492460

RE:Stock's volatility

WINDGOD46 wrote: It's my hunch the stock's volatility is due to its low price and its big float. Being cheap, it becomes a target of all joes Six-Packs and also due to its high liquidity is targeted by the hedge funds. The company must buy back stocks and reduce the shares outstanding. And when the stock goes up to teens, if ever, volatility will moderate. But also notice the stock is going up slowly but steady.

This is what I have been saying the last few days!!!

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading