Whitecap Resources (OTCMKTS:SPGYF) Shares Down 0.3% – What’s Next?

Whitecap Resources Inc. (OTCMKTS:SPGYFGet Free Report)’s stock price was down 0.3% during trading on Monday . The stock traded as low as $6.68 and last traded at $6.79. Approximately 1,253,043 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 869,885 shares. The stock had previously closed at $6.81.

Whitecap Resources Stock Performance

The firm’s 50-day simple moving average is $6.79 and its two-hundred day simple moving average is $6.79.

About Whitecap Resources

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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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