Earnings
May 8, 2021 - IPL
New! Inter Pipeline Ltd - Q1-2021 Earnings - Price Target Update .....
May 6, 2021 - NFI
New! NFI Group Q1-2020 Earnings, Price Target Update .....
May 5, 2021 - RUS
Russel Metals Inc. Q1-2021 Earnings, Price Target Update .....
May 4, 2021 - GEI
Gibson Energy Inc. Q1-2021 Earnings, Price Target Update .....
May 2, 2021 - BCE
BCE Inc Q1-2021 Earnings, 2021 Forecast .....
May 1, 2021 - ALA
AltaGas Ltd - Q1-2021 Earnings, Price Target Update .....
April 30, 2021 - WCP
Whitecap Resources Inc. Q1-2021 Earnings, Price Target Update .....
April 29, 2021 - VET
Vermilion Energy Inc. Q1-2021 Earnings, Price Target .....
Recommendation Changes
HR.UN, MKP, BDT, SPB, MTL, more...

Whitecap Resources Inc. Q1-2021 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

Whitecap Resources Inc. (WCP-TSX) is a western Canadian producer of oil and natural gas. The primary areas of focus are in northwest Alberta and BC and southeast Saskatchewan. Reserves are estimated to be 80% comprised of light and medium grade oil with the balance split between NGL's and natural gas.

Carbon Capture Utilization and Storage

Their Weyburn producing property in Southeast Saskatchewan is the largest Carbon Capture & Utilization Storage project in the world. This internationally recognized project has safely captured over 34M tons of CO2. In 2018, the Weyburn project stored 1.8M tons of CO2 sequestering more CO2 than their yearly corporate emissions (direct and indirect), making them a carbon negative company. They purchase CO2 from coal plants in Saskatchewan and North Dakota. Without the Weyburn Unit, the majority of CO2 would otherwise be released to the atmosphere. At the surface, oil and natural gas liquids are extracted for sale. The CO2 produced during oil recovery is returned to the reservoir so that all injected CO2 is permanently stored deep underground. Currently, approximately 2M tons of CO 2 per year are being sequestered, with existing infrastructure capacity to increase CO2 sequestered to 4M tons per year.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
May 7, 2021
New! Coverage Universe - Weekly Price Change: Apr 30 - May 7, 2021
April 30, 2021
Coverage Universe - Weekly Price Change: Apr 23-30, 2021
April 23, 2021
Coverage Universe - Weekly Price Change: Apr 16-23, 2021
April 16, 2021
Coverage Universe - Weekly Price Change: Apr 9-16, 2021
April 9, 2021
Coverage Universe - Weekly Price Change: Apr 2-9, 2021
April 2, 2021
Coverage Universe - Weekly Price Change: Mar 26-Apr 2, 2021
March 26, 2021
Coverage Universe - Weekly Price Change: Mar 19-26, 2021
March 24, 2021
Emera Inc. - 4.25% Rate Reset Preferred Shares - New Issue