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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.


TSX:WCP - Post by User

Whitecap Resources Inc > EIA:Big draw.
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Comment by Anschutzon Aug 21, 2024 11:37am
167 Views
Post# 36189893

RE:EIA:Big draw.

RE:EIA:Big draw.Personally think it's rather tepid considering it's peak summer driving/travel season. I remember pre-covid how we would see 9, 10, 12 million barrel draws in the summer. Now analysts cheer over 2 to 4. Sad.

spurwing2 wrote:

United States EIA Crude Oil Stocks Change

Summary | Data & Chart | Forecast | News & Analysis
US Energy Information Administration
Source:
Frequency: Weekly

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.

    Actual Dev.
Consensus  
 

Last release

Wed Aug 14th, 2024 14:30

 1.357M 1.82 -2M  

Current release

Wed Aug 21st, 2024 14:30

 -4.649M -- -2.8M



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