Whitecap Resources Inc. (TSE:WCP – Get Free Report) insider Joseph Adam Wong bought 7,500 shares of Whitecap Resources stock in a transaction dated Monday, July 6th. The shares were bought at an average cost of C$14.46 per share, for a total transaction of C$108,450.00. Following the completion of the transaction, the insider owned 111,416 shares of the company’s stock, valued at approximately C$1,611,075.36. This trade represents a 7.22% increase in their position.
Whitecap Resources Stock Performance
Whitecap Resources stock opened at C$15.54 on Thursday. The company has a debt-to-equity ratio of 33.01, a quick ratio of 0.67 and a current ratio of 0.54. The company has a market capitalization of C$18.89 billion, a PE ratio of 21.29, a P/E/G ratio of -0.33 and a beta of 0.18. The company has a 50 day moving average price of C$15.94 and a 200-day moving average price of C$14.20. Whitecap Resources Inc. has a fifty-two week low of C$9.31 and a fifty-two week high of C$17.34.
Whitecap Resources (TSE:WCP – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$1.84 billion for the quarter. Whitecap Resources had a return on equity of 7.70% and a net margin of 13.32%. As a group, equities analysts forecast that Whitecap Resources Inc. will post 1.1226131 earnings per share for the current year.
Whitecap Resources Announces Dividend
Wall Street Analyst Weigh In
Several research firms recently weighed in on WCP. Royal Bank Of Canada lifted their price objective on Whitecap Resources from C$18.00 to C$20.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Raymond James Financial raised their target price on shares of Whitecap Resources from C$18.00 to C$20.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. ATB Cormark Capital Markets upped their price target on shares of Whitecap Resources from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. National Bank Financial boosted their price objective on shares of Whitecap Resources from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, TD upped their target price on Whitecap Resources from C$17.00 to C$18.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$17.91.
Check Out Our Latest Report on Whitecap Resources
Whitecap Resources Company Profile
Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.
Featured Articles
- Five stocks we like better than Whitecap Resources
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Receive News & Ratings for Whitecap Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitecap Resources and related companies with MarketBeat.com's FREE daily email newsletter.
