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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > Contango reported on BNN Commodities
View:
Post by summerb37 on Mar 16, 2021 8:23pm

Contango reported on BNN Commodities

Check out BNN commodities today if you want to hear their brief report on the current contago oil market.  Another reason for shorting/sell oil/gas company shares.

https://www.bnnbloomberg.ca/commodities/video/futures-curve-signals-potential-trouble-for-oil-prices~2161744

https://www.investopedia.com/articles/07/contango_backwardation.asp
Comment by AvInvestor on Mar 16, 2021 9:21pm
I am imagine they secured a few hedge contracts for 2021?
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