Whitecap Resources, a light oil energy name, is getting lots of love from the market.

The day after the company announced it is selling $56-million of non-core assets and will use the money to repay debt, the stock jumped 6 per cent.

Most people outside the energy world know very little about Whitecap, but the company’s attracted the attention of those who know the sector well. The chief executive officer ran Cadence Energy, and Whitecap has quickly jumped from the junior to intermediate rank with a market value of about $1-billion.