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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 Apr 12, 2024 11:34pm
187 Views
Post# 35987177

RE:RE:RE:Wcp leading the pack today

RE:RE:RE:Wcp leading the pack todayCareful what you wish for.  Looks like the run-up of CPG may have been orchestrated to unload all those shares they've been sitting on dince the HH deal.

Block sale from BMO 
 
Crescent Point Energy Corp.
 
(TSX, NYSE: CPG)
 
 
Amount:                                    30,862,999 Common Shares of Crescent Point Energy Corp.
 
Form of Offering:                      To be re-offered in Canada and the United States without requiring the filing of a prospectus or registration statement
 
 
 
Re-Offer Price:                          C$11.76 per share
 
Amount:                                    C$362,948,868.24
 
Buyside Commission:                C$0.03 per share
 
Trade Date:                              April 10, 2024
 
Settlement Date:                       April 12, 2024 (T+ 2)

JamesT wrote: My only hope is that it'll get close enough to CPG that'll i can dump it and go back to CPG. This stock is a loser. Only catches up to its peers when oil is below 70. When oil goes highers this stock lags.


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