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 > Nuttall

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Nov 09, 2023 12:50pm

270 Views

Post# 35726440

Nuttall

No one can explain the oil selloff, demand is not the issue: Eric Nuttall

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss why the price of crude is below US$80/bbl. He reminds the audience that demand for crude continues to grow. Furthermore, he discusses earnings from Suncor, calling quarterly profit 'phenomenal'. Additionally, he looks at consolidation in Canada's energy sector with Crescent Point buying Hammerhead.

https://www.bnnbloomberg.ca/video/no-one-can-explain-the-oil-selloff-demand-is-not-the-issue-eric-nuttall~2804025

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant