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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 WINDGOD46on Apr 28, 2022 12:22pm
216 Views
Post# 34639310

Market has its own rules

Market has its own rulesAs a general rule, markets operate on a long established practical rule: three days up two days down. So no matter what the WTI price,for instance, oil equities very often, follow their own pattern, and in fact, today, we see a decoupling of the oil stocks from their underlined commodity, which is a good thing, given that so far oil stocks follow minute by minute the WTI moves and disregard the companies' fundamentals.So today's paradox is WTI up and oil equities down. GLTA
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