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Whitecap Resources (T:WCP) has notable insider buying

Updated Tuesday Jun 22, 2021 02:49 AM EDT

Whitecap Resources Inc. (WCP) has a high amount of executive buying compared to its mid-cap peers over the past three months.

Grant Bradley Fagerheim, CEO and Director, acquired 10,000 Common Shares on a direct ownership basis at a price of $6.250 through the public market on June 21st, 2021. This represents a $62,500 investment into the company's shares and an account share holdings change of 0.4%.

Whitecap Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Whitecap Resources Inc is a Canada-based oil and gas company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. It is focused on acquiring sustainable assets with Discovered Petroleum Initially In Place (DPIIP) and low current recovery factors and moving them through the development chain by converting contingent resources , probable reserves, producing reserves (cash flow). Its portfolio of assets has stable production and low base declines, which provide its shareholders with a predictable cash flow stream for monthly dividend payments.

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Go to Whitecap Resources Inc. (WCP)'s company page

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