Whitecap Resources (WCP) has notable insider buying

Whitecap Resources (T:WCP)

Grant Bradley Fagerheim, CEO and Director, acquired 5,000 Common Shares on a direct ownership basis at a price of $8.700 through the public market on December 12th, 2023. This represents a $43,500 investment into the company's shares and an account share holdings change of 0.2%.

Thanh Chan Kang, CFO, acquired 9,400 Common Shares on a direct ownership basis at a price of $8.700 through the public market on December 12th, 2023. This represents a $81,780 investment into the company's shares and an account share holdings change of 2.7%.

Whitecap Resources Inc. is a Canadian clean energy 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.