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 > Time for WCP to shine

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Post by Anschutzon Apr 15, 2024 10:20am

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Post# 35989226

Time for WCP to shine

Luster is coming off CPG now that the games with the shareprice by BMO and others has been exposed. Unless oil recovers and heads higher, I think we see CPG slip below 11.76. I would not be surprised to see WCP creep higher over the next two week on anticipation of earnings, dividend announcement and news. All while CPG heads lower as the reality of 30+ million shares hitting the market sinks in. I'm not sure we will see parity, however I think we will see the gap close significantly for those that want to jump ship.

GLTA

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