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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 Citizen13on Sep 17, 2024 4:15pm
187 Views
Post# 36227800

RE:Overdone Bearishness

RE:Overdone BearishnessJust going with the flow. The stock market is not about investing in companies so they can expand or do R&D anymore. It's about getting on the next wave of a fad .  Funds poured into VRN to $ 12.62 , algorithms chased it. I thought that was weird and nonsensical and I was right . Dumb money follows and the whole thing collapsed . Same as the oil contracts .  Follow the trend, dont think for yourself. Get rich quick or get broke quick ?   Brent was net short for a while, the first time ever . LOL.  The stock market is not rigged as some would suggest , its just a gambling casino. Every generation doesnt learn from the last , they have to experience stupidity themselves . When your UBER driver talks about Nvidia , get the heck out. 
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