Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 retiredcfon Dec 19, 2022 8:02am
286 Views
Post# 35179126

Ink Research

Ink ResearchDecember 19, 2022 - After dominating the Canadian market for much of 2022, the Energy sector has been taking a beating over the past month with the S&P/TSX Capped Energy Index falling 12%. Insiders at oil & gas exploration companies have been buying the pullback. The INK Oil & Gas Exploration and Production Indicator has shot up to 118%. At that level there are nearly 1.2 stocks with key insider buying for every one stock with selling over the past 60 days. The indicator is nearly double where it was a month ago at 65%. That is good news for energy bulls as it supports the idea that much of the recent weakness in crude prices can likely be explained by seasonal or one-time factors such as uncertainty around the G7 price cap. In terms of natural gas, insiders show little sign of giving up on the bull story for the commodity.
 
<< Previous
Bullboard Posts
Next >>