Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.79 and traded as low as $6.68. Whitecap Resources shares last traded at $6.79, with a volume of 1,253,043 shares traded.
Whitecap Resources Price Performance
The company has a 50-day simple moving average of $6.79 and a 200-day simple moving average of $6.79.
About Whitecap Resources
Whitecap Resources Inc is an independent exploration and production company focused on the acquisition, development and production of light and medium crude oil and natural gas properties in Western Canada. The company employs modern horizontal drilling and multi‐stage hydraulic fracturing techniques to optimize reservoir recovery and drive operational efficiency across its asset base.
Whitecap’s core operations are concentrated in Alberta and Saskatchewan, with key positions in the Montney, Viking and Duvernay formations.
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