Whitecap Resources Inc. (TSE:WCP - Get Free Report) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0608 per share on Tuesday, February 18th. This represents a $0.73 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date is Friday, January 31st.
Whitecap Resources Stock Down 1.9 %
Shares of TSE:WCP traded down C$0.19 during trading on Friday, reaching C$9.57. 2,132,870 shares of the company traded hands, compared to its average volume of 2,122,091. The firm has a fifty day simple moving average of C$10.05 and a 200 day simple moving average of C$10.23. The firm has a market cap of C$5.73 billion, a P/E ratio of 7.66, a price-to-earnings-growth ratio of -0.33 and a beta of 2.67. Whitecap Resources has a 1-year low of C$8.15 and a 1-year high of C$11.31. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 23.55.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on WCP shares. Canaccord Genuity Group decreased their target price on shares of Whitecap Resources from C$14.50 to C$14.00 in a research note on Tuesday, October 22nd. Desjardins lifted their target price on shares of Whitecap Resources from C$12.75 to C$13.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. ATB Capital decreased their target price on shares of Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating for the company in a research note on Thursday, October 24th. Raymond James upgraded shares of Whitecap Resources to a "hold" rating in a report on Thursday, October 17th. Finally, National Bankshares cut their price target on shares of Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating on the stock in a report on Thursday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Whitecap Resources has an average rating of "Moderate Buy" and a consensus price target of C$13.68.
Read Our Latest Stock Report on WCP
Insider Activity
In other news, Senior Officer Thanh Chan Kang purchased 10,000 shares of Whitecap Resources stock in a transaction on Friday, November 8th. The shares were purchased at an average cost of C$10.48 per share, for a total transaction of C$104,800.00. 0.84% of the stock is owned by company insiders.
About Whitecap Resources
(
Get Free Report)
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
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