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 > Using technical analysis for this one.

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Comment by Citizen13on Dec 06, 2024 3:24pm

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Post# 36349970

RE:Using technical analysis for this one.

Dont fight the trend . I suspect this will get to $9.50 or lower by end of tax loss selling . Buy then and sell if /when it tops $ 11 . Rinse and repeat . The oil production industry is just a massive chaotic cluster F . All it takes is a couple of players to overproduce and traders will bail. Like I said before , in restrospect I could have bought just about anything else eight years ago and would be laughing . Had I bought the Magnificent Seven I would have a house in Hawaii and be fully retired. GLTA

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