Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $6.79 and traded as low as $6.4479. Whitecap Resources shares last traded at $6.79, with a volume of 0 shares changing hands.
Whitecap Resources Stock Performance
The company has a fifty day moving average price of $6.79 and a 200 day moving average price of $6.79.
Whitecap Resources Company Profile
Whitecap Resources Inc is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on developing and producing crude oil, condensate, natural gas liquids and natural gas from properties in the Western Canadian Sedimentary Basin.
Whitecap’s operations are concentrated in Western Canada, with assets in Alberta, Saskatchewan and British Columbia. Its production is marketed primarily into North American energy markets, and the company’s activities include acquiring, developing and operating conventional oil and natural gas properties.
Whitecap Resources was established in 2009 and has expanded through a combination of drilling, property development and acquisitions.
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