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 > Overdone Bearishness

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Comment by Davesnothereon Sep 17, 2024 8:12pm

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Post# 36228230

RE:Overdone Bearishness

Thanks retiredcf, as always, your posts are the most salient.
I appreciate Amrit's frankness, but her message is not exactly bullish for o&g . I notice how the market tends to overreact and amplify news. Amrit basically confirmed the demand slowdown with no end in sight. This fact could play out over the next several months and drag WTI down along with our share prices.

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