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 > Taking a drubbing again

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Comment by BigJakeon Feb 02, 2023 4:54pm

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Post# 35263382

RE:Taking a drubbing again

barneyj44 wrote: With oil holding fairly stable. Are Investors heading back to tech after Meta's good numbers?

There's definitely some investors that think zero interest rates are the norm and will go straight back to the FAANG stocks no matter what there multiple is. They also think that interest rates will be alot lower than they currently are by the end of the year, because they don't understand what caused inflation in the first place. I personally think that is a bad move but time will tell.

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