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Whitecap Resources (Whitecap Resources) 6-Month Price Index : 1.02 (As of Apr. 29, 2024)


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What is Whitecap Resources 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-29), Whitecap Resources's 6-Month Price Index is 1.02.

Competitive Comparison of Whitecap Resources's 6-Month Price Index

For the Oil & Gas E&P subindustry, Whitecap Resources's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Whitecap Resources  (OTCPK:SPGYF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Whitecap Resources  (OTCPK:SPGYF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Whitecap Resources 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Whitecap Resources's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Whitecap Resources (Whitecap Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Whitecap Resources Inc (OTCPK:SPGYF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:PSK TSX:SCR TSX:ERF TSX:CPG TSX:POU TSX:BTE TSX:MEG TSX:PEY TSX:ATH TSX:NVA COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
J6I:Germany WCP:Canada
Address
3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Website
https://www.wcap.ca
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

Whitecap Resources (Whitecap Resources) Headlines

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