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 > Top Pick on BNN Market Call Today :>)

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Comment by Citizen13on May 31, 2023 3:01pm

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Post# 35473262

RE:Top Pick on BNN Market Call Today :>)

A much better interview is with Rob Lauzon on BNN . Informs us why the energy sector has been bailed on since 2022. RSI now 30 and if the price of oil goes up buying will start again. Eric is right with the info he gives on the undervalue of the sector but you really have to understand the market makers as well. The paper market is several times larger than the physical market . BTW I dont think OPEC will tolerate these prices or market sentimate for long .

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