Bullboard - Stock Discussion Forum 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... see more

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Whitecap Resources Inc > Inventories

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Post by BigJake on Nov 29, 2023 11:17am

Inventories

API - 0.817 mbrl draw YTD - 23.368 mbrl build
EIA - 1.609 mbrl build YTD - 30.72 mbrl build

Inventories are basically flat this week and oil is up a little so far today, let's hope whatever the Saudis decide tomorrow is viewed as positive
GLTA Longs

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Comment by Seppelt on Nov 29, 2023 11:41am

Distillates, who have been steadily declining in recent months, went up 5.2 million barrels. That is consistent with prior reports of Thanksgiving weekend. Oil prices rose after the EIA report but equities, especially natural gas heavy stocks, are down.

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Whitecap Resources Inc