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 > War in the Middle East

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Comment by baranjaon Oct 09, 2023 11:55am

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Post# 35675916

RE:War in the Middle East

That's a dumb statement. Of course Canadian oil companies are not from Israel and the war is not effecting them,.
BUT, THE WAR EFFECTS OIL PRICES, AND OIL PRICES PROVIDE MORE CASH TO CANADIAN OIL COMPANIES.
Today, oil ripped 4% up. But having canadian stock market so rigged is totally different thing. Why would Canadian oil companies "sold" while price of oil exploiding is a question nobody asking.
Perhaps, market don't see those events as important, just overpumped Media stories, that will be over in a week or two. too much smokes and mirrors and too much sensations.
Israel mombed Gaza and Lebanon gazillion times so far, even more then nowadays.

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