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 > More $$ for acquisitions, not for us

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Comment by pinecone11on Jun 30, 2022 10:57am

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Post# 34793784

RE:RE:RE:More $$ for acquisitions, not for us

>Funny if you look back about 6 or 7 weeks wcp had more insider selling than all of last year.<

Proving what? As Peter Lynch said many years ago in "One Up On Wall Street",
(Quote "Insider selling usually means nothing, and its silly to react to it." page 135)

Why would insiders sell when the stock price is in the sub-basement?
Why would ANY long investor sell when the stock price is in the basement?

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