Whitecap Resources Inc. (TSE:WCP – Get Free Report) insider Travis Bjarne Tweit bought 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of C$16.92 per share, for a total transaction of C$50,760.00. Following the completion of the acquisition, the insider owned 224,204 shares in the company, valued at approximately C$3,793,531.68. This trade represents a 1.36% increase in their position.
Whitecap Resources Stock Performance
Shares of TSE:WCP opened at C$16.79 on Friday. The company has a market cap of C$20.38 billion, a P/E ratio of 23.00, a PEG ratio of -0.33 and a beta of 0.38. The company has a debt-to-equity ratio of 33.01, a quick ratio of 0.67 and a current ratio of 0.54. Whitecap Resources Inc. has a one year low of C$8.39 and a one year high of C$17.33. The business’s 50-day simple moving average is C$15.28 and its 200 day simple moving average is C$13.15.
Whitecap Resources (TSE:WCP – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported C$0.02 EPS for the quarter. The business 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%. On average, sell-side analysts forecast that Whitecap Resources Inc. will post 1.1226131 earnings per share for the current fiscal year.
Whitecap Resources Dividend Announcement
Analyst Ratings Changes
Several equities research analysts recently commented on WCP shares. Scotia raised their target price on Whitecap Resources from C$17.00 to C$19.00 and gave the company a “sector outperform” rating in a report on Thursday, April 30th. BMO Capital Markets lifted their price objective on Whitecap Resources from C$13.00 to C$15.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Canaccord Genuity Group lifted their price objective on Whitecap Resources from C$14.00 to C$15.50 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Royal Bank Of Canada lifted their price objective on Whitecap Resources from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Finally, Desjardins lifted their price objective on Whitecap Resources from C$14.00 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$16.73.
View Our Latest Research 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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