Whitecap Resources Inc. (TSE:WCP - Get Free Report) announced a aug 25 dividend on Thursday, August 14th, RTT News reports. Investors of record on Sunday, August 31st will be paid a dividend of 0.0608 per share on Monday, September 15th.
Whitecap Resources Stock Up 1.5%
TSE:WCP traded up C$0.15 during trading hours on Thursday, reaching C$10.17. The company's stock had a trading volume of 4,846,405 shares, compared to its average volume of 6,137,846. The company has a market cap of C$5.94 billion, a price-to-earnings ratio of 6.86, a price-to-earnings-growth ratio of -0.33 and a beta of 2.67. Whitecap Resources has a one year low of C$6.87 and a one year high of C$11.31. The business's 50-day moving average is C$9.67 and its 200-day moving average is C$9.12. The company has a debt-to-equity ratio of 21.58, a current ratio of 0.88 and a quick ratio of 0.67.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on WCP shares. National Bankshares upped their price target on shares of Whitecap Resources from C$14.50 to C$15.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. Raymond James Financial upped their price objective on shares of Whitecap Resources from C$13.00 to C$14.00 and gave the company a "strong-buy" rating in a research report on Thursday, July 24th. Scotiabank upgraded shares of Whitecap Resources from a "sector perform" rating to an "outperform" rating and set a C$12.00 target price for the company in a research note on Thursday, May 22nd. Desjardins cut shares of Whitecap Resources from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, June 3rd. Finally, National Bank Financial upgraded shares of Whitecap Resources to a "strong-buy" rating in a research note on Monday, May 12th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of C$13.13.
Read Our Latest Research Report on WCP
About Whitecap Resources
(
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Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets.
Further Reading
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