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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 > Insider buy today
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Comment by Davesnothereon Mar 11, 2022 11:07am
235 Views
Post# 34506631

RE:RE:Insider buy today

RE:RE:Insider buy today Great minds think alike !

Watch us go up slow and steady. These elevated WTI prices were not in the Q1-Q2  forecast. The main thing holding us back is the overall uncertainty. Markets don't like that. 

Once the dust settles from Rus / UKR conflict, there will be an adjustment to the upside most likely.

WCP Q1/22 earnings good

Q2 crazy good.

On the other hand, Canadian O&G did not need this catalyst, it is very unfortunate for the people of Ukraine.
The regular Russian people don't like it either. Look for massive social unrest in Russia this summer.

On a scale we have never seen.


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