Whitecap Resources Inc. (TSE:WCP - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.18 and traded as high as C$10.24. Whitecap Resources shares last traded at C$10.05, with a volume of 3,425,937 shares changing hands.
Wall Street Analysts Forecast Growth
WCP has been the subject of several research analyst reports. ATB Capital reduced their price target on shares of Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating for the company in a report on Thursday, October 24th. Desjardins upped their target price on shares of Whitecap Resources from C$12.75 to C$13.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, National Bankshares dropped their price target on Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$13.68.
Check Out Our Latest Analysis on WCP
Whitecap Resources Stock Performance
The company has a market capitalization of C$5.83 billion, a price-to-earnings ratio of 6.73, a P/E/G ratio of -0.33 and a beta of 2.67. The stock's 50 day moving average price is C$9.97 and its 200 day moving average price is C$10.18. The company has a current ratio of 0.88, a quick ratio of 0.67 and a debt-to-equity ratio of 21.58.
Whitecap Resources Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be paid a $0.0608 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.73 dividend on an annualized basis and a yield of 7.31%. Whitecap Resources's dividend payout ratio is 49.25%.
Whitecap Resources Company Profile
(
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.
Featured Stories
Before you consider Whitecap Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whitecap Resources wasn't on the list.
While Whitecap Resources currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
