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

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Post by pierrelebelon Jan 23, 2023 1:09pm

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Post# 35240135

When will the shorts scream "UNCLE"?

As of last Monday there were still 13,350,595 shorts outstanding following a small reduction of 541,760 since the end of December.

Considering the average share volume is 2.1 million in a typical day, one can expect to price to move substantially once the shorts start covering.

With the dividend increasing, there will be added pressure to do so.

Get some popcorn and enjoy the show!

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From now on, dynaCERT instead of Bitcoin or NVIDIA?