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 > Whitecap has sure turned ugly

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Comment by uwebb429on Jun 24, 2024 5:29pm

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Post# 36104033

RE:RE:Whitecap has sure turned ugly

WTI went up $23 last year during Q3 and this year is looking better than last year. Peak oil demand starts in Q3. Combine that with the improved WCS WTI differential this year, the weak dollar and Canadian oil weighted energy companies are going to be rolling in the dough. Fill your basket with a variety of energy stocks including WCP and you will have no regrets three months from now.

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