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 retiredcfon Apr 24, 2023 8:50am

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Post# 35410041

Sector Insider Buying

Ink Research

As things stand right now, we see no hesitation. Our Energy Sentiment Indicator has soared over the past week to 300% meaning there are three times as many stocks in the sector with key insider buying as there are with key insider selling. While some of the buying is being led by the long-suffering uranium stock group, exploration and production stocks are also well represented among the buyers, and we expect them to dominate our April Energy Top 30 Report to be published this week on inkresearch.com. Whatever threat EVs may be posing to the oil patch, Canadian insiders are shaking them off.

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Advancing flagship Ishkõday Gold Project in Ontario