Whitecap Resources Inc. (TSE:WCP – Get Free Report) Director Grant Bradley Fagerheim acquired 5,000 shares of the stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of C$17.33 per share, with a total value of C$86,650.00. Following the completion of the transaction, the director owned 3,318,099 shares in the company, valued at approximately C$57,502,655.67. This represents a 0.15% increase in their position.
Grant Bradley Fagerheim also recently made the following trade(s):
- On Monday, November 2nd, Grant Bradley Fagerheim acquired 10,000 shares of Whitecap Resources stock. The shares were bought at an average cost of C$18.73 per share, for a total transaction of C$187,300.00.
Whitecap Resources Stock Down 0.2%
WCP stock opened at C$16.67 on Friday. The stock has a market cap of C$20.28 billion, a P/E ratio of 13.13, a PEG ratio of -0.33 and a beta of 0.21. The company has a current ratio of 0.60, a quick ratio of 0.67 and a debt-to-equity ratio of 23.99. Whitecap Resources Inc. has a twelve month low of C$10.32 and a twelve month high of C$20.79. The company’s 50 day moving average is C$18.71 and its two-hundred day moving average is C$16.06.
Whitecap Resources (TSE:WCP – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported C$0.27 earnings per share (EPS) for the quarter. The business had revenue of C$2.14 billion during the quarter. Whitecap Resources had a net margin of 19.74% and a return on equity of 13.77%. Research analysts expect that Whitecap Resources Inc. will post 1.12 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have issued reports on the company. Royal Bank Of Canada raised their price objective on Whitecap Resources from C$20.00 to C$22.00 and gave the stock an “outperform” rating in a report on Wednesday, October 21st. ATB Cormark Capital Markets boosted their target price on Whitecap Resources from C$19.00 to C$23.00 and gave the company an “outperform” rating in a report on Thursday, October 22nd. Desjardins upped their target price on Whitecap Resources from C$23.00 to C$24.00 and gave the company a “buy” rating in a research report on Tuesday, October 20th. National Bank Financial raised their price target on Whitecap Resources from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 20th. Finally, TD raised their price target on Whitecap Resources from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Whitecap Resources currently has a consensus rating of “Buy” and an average target price of C$20.50.
Get Our Latest Stock Report on Whitecap Resources
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.
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