Shares of Whitecap Resources Inc. (TSE:WCP – Get Free Report) have earned a consensus rating of “Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$18.91.
A number of brokerages have recently issued reports on WCP. TD lifted their price target on Whitecap Resources from C$18.00 to C$21.00 and gave the company a “buy” rating in a research report on Friday, September 11th. National Bank Financial upped their price objective on shares of Whitecap Resources from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 30th. Finally, Desjardins set a C$22.00 target price on shares of Whitecap Resources and gave the company a “buy” rating in a research note on Friday, July 17th.
View Our Latest Stock Analysis on Whitecap Resources
Whitecap Resources Trading Up 2.4%
Whitecap Resources (TSE:WCP – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported C$0.73 EPS for the quarter. The business had revenue of C$2.35 billion during the quarter. Whitecap Resources had a return on equity of 12.87% and a net margin of 19.66%. On average, equities research analysts anticipate that Whitecap Resources will post 1.1226131 EPS for the current fiscal year.
Whitecap Resources Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 17th were paid a $0.0608 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, July 31st. Whitecap Resources’s payout ratio is currently 65.14%.
About Whitecap Resources
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 Stories
- Five stocks we like better than Whitecap Resources
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
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.
