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 > Buy When Others are Afraid.

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Comment by Anschutzon May 02, 2024 2:30pm

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Post# 36020025

RE:Buy When Others are Afraid.

I think the bigger concern is with where the price of oil is heading. I thought it was going higher but instead appears to be breaking down.

Sukhi19 wrote: Golden opportunity.
Only reason that SP is not moving is that market is expecting another deal.
With Tranmountain pipeline in service, Canadian O/G should thrive.
Buying at these levels.
Even if they buy another company, SP will fall a few cents which will create another opportunity.

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