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 > What happened?

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Comment by Playacaron Dec 03, 2023 1:57pm

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Post# 35765960

RE:RE:What happened?

I have a simple question. With all these computer bots controlling the market. Why doesn't opec+ just set there selling price at 80 dollars . If nobody pays this this price where will they get the oil from. OPEC+ controls over 40 million barrels per day of production. This I believe would stop this crazy pricing that is going on. This market just doesn't make sense to me . Oil gas company's can't trade at 5 times earning with unbelievable cash flow and dividends. Yet lulu lemon trades at 50 times earning. No wonder I out of the market

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