Whitecap Resources (WCP) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Whitecap Resources in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WCP shares.
View WCP analyst ratings or view top-rated stocks.

7 analysts have issued 1 year target prices for Whitecap Resources' stock. Their WCP share price forecasts range from C$12.00 to C$17.00. On average, they expect the company's stock price to reach C$15.10 in the next twelve months. This suggests a possible upside of 57.9% from the stock's current price.
View analysts price targets for WCP or view top-rated stocks among Wall Street analysts.

Whitecap Resources' stock was trading at C$10.74 at the beginning of 2023. Since then, WCP shares have decreased by 11.0% and is now trading at C$9.56.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our WCP earnings forecast.

Whitecap Resources declared a monthly dividend on Wednesday, May 17th. Investors of record on Wednesday, May 31st will be paid a dividend of 0.048 per share on Thursday, June 15th. This represents a $0.58 annualized dividend and a dividend yield of 6.03%. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for WCP.

Whitecap Resources (TSE:WCP) pays an annual dividend of C$0.58 per share and currently has a dividend yield of 6.21%. WCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WCP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Whitecap Resources investors own include Enbridge (ENB), Vermilion Energy (VET), ARC Resources (ARX), Cenovus Energy (CVE), Baytex Energy (BTE), Air Canada (AC), Surge Energy (SGY), Crescent Point Energy (CPG), Canadian Natural Resources (CNQ) and MEG Energy (MEG).

Whitecap Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WCP."

Shares of WCP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of WCP stock can currently be purchased for approximately C$9.56.

Whitecap Resources (TSE:WCP) has a market capitalization of C$5.79 billion and generates C$3.84 billion in revenue each year. The company earns C$1.29 billion in net income (profit) each year or C$2.19 on an earnings per share basis.

The company employs 453 workers across the globe.

Whitecap Resources' mailing address is 3800-525 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The official website for the company is www.wcap.ca. The company can be reached via phone at +1-403-2660767.