Whitecap Resources: Strong Production In Q3, Softer Energy Prices

Group 1 - The investment strategy focuses on turnarounds in natural resource industries with a typical holding period of 2-4 years, emphasizing value for downside protection and upside participation, achieving a compounded annual growth rate of 34% over the last 7 years [1] - Whitecap Resources, a Canadian oil and natural gas producer, has become a large-cap producer following its acquisition of Veren, which closed in May of this year [2] - The investing group targets companies with quality characteristics trading at depressed valuations, allowing participation in the upside of natural resource investing while mitigating extreme drawdowns [3]