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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 Citizen13on Dec 15, 2022 12:57pm
250 Views
Post# 35173625

Schachter Bullish on Energy stocks.

Schachter Bullish on Energy stocks.This guy is usually very bearish . See his latest comments:

As we are getting closer to year-end and an expected BUY signal for the energy sector we have a special holiday season discount SER service subscription offer. By subscribing now you will receive our BUY recommendations when we issue our Action Alert BUYS in the coming days, and be able to join our first quarter, 90 minute webinar. This upcoming window should be the best buying opportunity since March 2020. Many of the ideas we cover are now down 50% or more from their 2022 highs. I expect to move from an underweight of the sector, which has been our stance for quite some time, to a full ownership weighting in early 2023.

My only concern is that lots of analysts are very bulish for 2023. Sometimes not a good sign .  Everybody rush to the same side of the boat.
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