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

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Nov 13, 2023 12:32pm

191 Views

Post# 35732207

Oversold

The S&P/TSX Composite fell 0.9 per cent for the trading week ending with Friday’s close and is 4.3 per cent higher for the year. The benchmark’s Relative Strength Index (RSI) of 56 leaves it in the neutral technical range between the oversold buy signal of 30 and the overbought RSI sell signal of 70.

There are five technically attractive index stocks with RSIs below 30. These are Altus Group Ltd. , Whitecap Resources Inc , First Quantum Minerals Ltd. , Canada Goose Holdings Inc. and Oceanagold Corp.

<< Previous

Bullboard Posts

Next >>

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!