Whitecap Resources (TSE:WCP) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Posted by Brenda Bartman on Jul 16th, 2026

Shares of Whitecap Resources Inc. (TSE:WCP – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.35 and traded as high as C$15.63. Whitecap Resources shares last traded at C$15.53, with a volume of 3,735,565 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Scotiabank raised Whitecap Resources from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Raymond James Financial boosted their price objective 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. National Bank Financial boosted their target price on Whitecap Resources from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. TD boosted their target price on shares of Whitecap Resources from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Scotia increased their price objective 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. Three equities research analysts have rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$17.91.

Read Our Latest Research Report on Whitecap Resources

Whitecap Resources Stock Down 0.1%

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$18.88 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of -0.33 and a beta of 0.18. The firm’s 50-day simple moving average is C$15.88 and its 200-day simple moving average is C$14.35.

Whitecap Resources (TSE:WCP – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$1.84 billion during the quarter. Whitecap Resources had a return on equity of 7.70% and a net margin of 13.32%. Sell-side analysts forecast that Whitecap Resources Inc. will post 1.1226131 earnings per share for the current year.

Whitecap Resources Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 17th will be paid a $0.0608 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.7%. Whitecap Resources’s payout ratio is presently 99.95%.

Insider Activity

In other news, insider Travis Bjarne Tweit bought 3,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of C$15.48 per share, for a total transaction of C$46,440.00. Following the transaction, the insider directly owned 230,204 shares of the company’s stock, valued at C$3,563,557.92. This trade represents a 1.32% increase in their position. Also, Director Grant Bradley Fagerheim acquired 10,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were purchased at an average cost of C$14.46 per share, with a total value of C$144,600.00. Following the acquisition, the director owned 3,308,099 shares of the company’s stock, valued at approximately C$47,835,111.54. This represents a 0.30% increase in their position. In the last ninety days, insiders have purchased 31,500 shares of company stock worth $481,010 and have sold 6,100 shares worth $83,826. Corporate insiders own 0.84% of the company’s stock.

Whitecap Resources Company Profile

(Get Free Report)

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.