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 > Hard to Figure

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Comment by pierrelebelon May 31, 2022 4:06pm

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Post# 34721138

RE:Hard to Figure

tollycraft wrote " I do know oil was up over 119.00 early today and is now around 115.00 but not convinced thats the reason"

Look at all other Canadian oil/gas producers - large and small.

They all show the same pattern - to different degrees - today.

WCP is one of the few stocks that ended up UP on the day. Most are down slightly.

Investors in WCP should not worry too much about daily or weekly fluctuations.

Patience will be rewarded.

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