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.

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Whitecap Resources Inc

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Post by Seahawk001on Sep 28, 2022 9:23pm

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Post# 34993791

Im curious to how some of you buy, add more etc

Ive been in WCP for a few years but rarely held for more than a few months at a time.

Regardless of history im talking the present. How far in the green do you go before you add or double up?

i bought 3500 @ $8.22 and was so ready to double up but i chickened out and did 750 @ $8.38 today thinking it was going to retrace back to $8.20 or lower but it ended up not so bad.

Short story long im curious to when or how you guys add? Do you do what i did and pick away going up or double up sooner than later?

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