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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Comment by Anschutzon Dec 29, 2023 1:14pm
210 Views
Post# 35804219

RE:RE:RE:Inventories

RE:RE:RE:Inventories I think you are seeing the plan.  US and investment firms are manipulating the energy sector lower. Lower cost energy typically causes an uptick in the economy six months out. Combine with lowering  interest rates by the US, and I think we're being setup for a market rally heading into next spring, summer and fall.  That being said, I think we see share prices decline next Tuesday, as funds work to get shareprices as low as possible for the start of a the new investment year.  By April, I think everyone holding through this downturn will be happy.

meritmat wrote: There the problem.  To much money tied up in fixed income or in safe accounts just collecting interest.
Need the US to start cutting interest rates so that money heads. Back into the markets 


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