Whitecap Resources (WCP) has notable insider buying

Whitecap Resources (T:WCP)

Whitecap Resources Inc. (WCP) has a high amount of executive buying compared to its large-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 $10.700 through the public market on October 4th, 2023. This represents a $107,000 investment into the company's shares and an account share holdings change of 0.4%.

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. The Company's operations include Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. Its Northern Alberta and British Columbia business unit is comprised of two Regions: Smoky River and Peace River. Its Central Alberta business unit is comprised of two Regional Assets: Southwest Alberta and West Central Alberta. Its Saskatchewan Business Unit is comprised of four Regional Assets: West Central Saskatchewan, Southwest Saskatchewan, Southeast Saskatchewan, and Weyburn EOR. The Company's subsidiaries are Whitecap Energy Canada ULC and Whitecap Energy Canada.