Should I buy or sell Whitecap Resources stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Whitecap Resources in the last twelve months. There are currently 1 hold rating, 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 .

What is Whitecap Resources' stock price target for 2024?

8 equities research analysts have issued 12-month price objectives for Whitecap Resources' shares. Their WCP share price targets range from C$12.50 to C$18.50. On average, they expect the company's stock price to reach C$14.77 in the next twelve months. This suggests a possible upside of 60.7% from the stock's current price. View analysts price targets for WCP or view top-rated stocks among Wall Street analysts .

How have WCP shares performed in 2023?

Whitecap Resources' stock was trading at C$10.74 on January 1st, 2023. Since then, WCP stock has decreased by 14.4% and is now trading at C$9.19. View the best growth stocks for 2023 here .

When is Whitecap Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our WCP earnings forecast .

How were Whitecap Resources' earnings last quarter?

Whitecap Resources Inc. (TSE:WCP) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.10. The business had revenue of $1.03 billion for the quarter. Whitecap Resources had a net margin of 26.66% and a trailing twelve-month return on equity of 17.79%.

How often does Whitecap Resources pay dividends? What is the dividend yield for Whitecap Resources?

Whitecap Resources announced a monthly dividend on Wednesday, November 15th. Stockholders of record on Thursday, November 30th will be given a dividend of 0.061 per share on Friday, December 15th. This represents a $0.73 annualized dividend and a yield of 7.97%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for WCP .

Is Whitecap Resources a good dividend stock?

Whitecap Resources (TSE:WCP) pays an annual dividend of C$0.73 per share and currently has a dividend yield of 7.75%. WCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for WCP .

What other stocks do shareholders of Whitecap Resources own?

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) .

How do I buy shares of Whitecap Resources?

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. Compare Top Brokerages Here .

Whitecap Resources Stock Price, News & Analysis (TSE:WCP)

C$9.12

-0.17 (-1.83%)

(As of 04:00 PM ET)

Compare

Today's Range: C$9.11
▼
C$9.31
50-Day Range: C$9.29
▼
C$11.80
52-Week Range: C$8.90
▼
C$11.91

Volume: 1.63 million shs
Average Volume: 2.09 million shs
Market Capitalization: C$5.53 billion

P/E Ratio: 6.08
Dividend Yield: 8.00%
Price Target: C$14.77

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Whitecap Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 60.7% Upside
C$14.77 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.00
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$669,020 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Whitecap Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$14.77, Whitecap Resources has a forecasted upside of 60.7% from its current price of C$9.19.
Amount of Analyst Coverage
Whitecap Resources has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WCP.

2.5

Dividend Strength

Dividend Leadership
Whitecap Resources is a leading dividend payer. It pays a dividend yield of 7.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Whitecap Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Whitecap Resources is 48.67%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WCP.

3.3

News and Social Media Coverage

News Sentiment
Whitecap Resources has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Whitecap Resources this week, compared to 1 article on an average week.
Search Interest
14 people have searched for WCP on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Whitecap Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Whitecap Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$669,020.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.75% of the stock of Whitecap Resources is held by insiders.
Percentage Held by Institutions
Only 24.78% of the stock of Whitecap Resources is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Whitecap Resources is 6.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Whitecap Resources is 6.13, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 111.25.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Whitecap Resources, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Whitecap Resources has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Whitecap Resources Stock (TSE:WCP)

Whitecap Resources Inc., an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. Whitecap Resources Inc. was founded in 2009 and is headquartered in Calgary, Canada.

WCP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WCP Stock News Headlines

November 29, 2023 | msn.com

3 Dividend Stocks Currently Yielding More Than 7%

November 14, 2023 | msn.com

Earn $200/Month With Just 2 Dividend Stocks

December 5, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

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November 14, 2023 | morningstar.com

Whitecap Resources Inc WCP

November 1, 2023 | theglobeandmail.com

Closing Bell: Whitecap Resources Inc flat on Wednesday (WCP)

October 16, 2023 | finance.yahoo.com

WHITECAP RESOURCES INC. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER OF $0.0608 PER SHARE AND ANNOUNCES THIRD QUARTER 2023 RESULTS CONFERENCE CALL / WEBCAST

October 1, 2023 | theglobeandmail.com

Insiders buy as Whitecap Resources rallies and boosts dividend

September 23, 2023 | finance.yahoo.com

Be Sure To Check Out Whitecap Resources Inc. (TSE:WCP) Before It Goes Ex-Dividend

December 5, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

September 18, 2023 | markets.businessinsider.com

TSX Ends Lower As Technology Stocks Decline

September 14, 2023 | finance.yahoo.com

Whitecap Resources Inc.'s (TSE:WCP) Stock Is Going Strong: Is the Market Following Fundamentals?

August 31, 2023 | finance.yahoo.com

WHITECAP RESOURCES INCREASES DIVIDEND BY 26% AND SIGNS CO2 CONTRACT EXTENSION

August 26, 2023 | uk.finance.yahoo.com

WCP.TO - Whitecap Resources Inc.

August 15, 2023 | ca.finance.yahoo.com

WHITECAP RESOURCES INC. CONFIRMS MONTHLY DIVIDEND FOR AUGUST OF $0.0483 PER SHARE

July 26, 2023 | finance.yahoo.com

WHITECAP RESOURCES INC. ANNOUNCES SECOND QUARTER RESULTS

July 11, 2023 | msn.com

Whitecap Resources: Counting Down To The 7.5% Dividend Yield

June 19, 2023 | ca.finance.yahoo.com

5 TSX Dividend Stocks for Reliable Monthly Income

June 16, 2023 | theglobeandmail.com

Closing Bell: Whitecap Resources Inc down on Friday (WCP)

June 8, 2023 | msn.com

TUDOR PICKERING & CO. SEC Downgrades Whitecap Resources (TSX:WCP)

June 8, 2023 | msn.com

CIBC CAPITAL MARKETS Maintains Whitecap Resources (TSX:WCP) Outperform Recommendation

May 23, 2023 | ca.finance.yahoo.com

2 Undervalued TSX Stocks With a Legit Shot at Beating the TSX

May 17, 2023 | seekingalpha.com

whitecap resources declares $0.0483 dividend

May 17, 2023 | finance.yahoo.com

WHITECAP RESOURCES INC. ANNOUNCES RESULTS OF SHAREHOLDERS' MEETING, TSX APPROVAL FOR RENEWAL OF NORMAL COURSE ISSUER BID AND CONFIRMS MONTHLY DIVIDEND FOR MAY OF $0.0483 PER SHARE

May 17, 2023 | finance.yahoo.com

WHITECAP RESOURCES INC. PROVIDES UPDATE ON IMPACT OF THE ALBERTA WILDFIRES

May 9, 2023 | finance.yahoo.com

Wildfire Latest: Rain Seen Helping Revive Canadian Energy Output

May 7, 2023 | msn.com

Canada's Alberta declares state of emergency over wildfires

May 5, 2023 | msn.com

This 5.9% Percent Dividend Stock Pays Cash Every Month

See More Headlines

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Company Calendar

Last Earnings: 10/25/2023
Ex-Dividend for 11/15 Dividend: 10/30/2023
Dividend Payable: 11/15/2023
Ex-Dividend for 12/15 Dividend: 11/29/2023
Today: 12/05/2023
Dividend Payable: 12/15/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Energy
Current Symbol: TSE:WCP
CUSIP: N/A
CIK: N/A
Web: www.wcap.ca
Phone: +1-403-2660767
Fax: N/A
Employees: 522
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$14.77
High Stock Price Target: C$18.50
Low Stock Price Target: C$12.50
Potential Upside/Downside: +60.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.50
Trailing P/E Ratio: 6.13
Forward P/E Ratio: 7.41
P/E Growth: -0.33
Net Income: C$909.30 million
Net Margins: 26.66%
Pretax Margin: N/A
Return on Equity: 17.79%
Return on Assets: 8.05%

Debt

Debt-to-Equity Ratio: 22.40
Current Ratio: 0.73
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: C$3.41 billion
Price / Sales: 1.63
Cash Flow: C$0.03 per share
Price / Cash Flow: 353.70
Book Value: C$8.87 per share
Price / Book: 1.04

Miscellaneous

Outstanding Shares: 606,200,000
Free Float: N/A
Market Cap: C$5.57 billion
Optionable: Not Optionable
Beta: 2.82

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Key Executives

Mr. Grant Bradley Fagerheim (Age 64)
President, CEO & Director
Comp: $1.55M
Mr. Thanh C. Kang (Age 44)
Senior VP & CFO
Comp: $1.16M
Mr. Joel M. Armstrong (Age 56)
Senior Vice President of Production & Operations
Comp: $950.61k
Mr. David M. Mombourquette (Age 60)
Senior Vice President of Business Development & IT
Comp: $950.94k
Mr. Darin Roy Dunlop (Age 56)
Senior Vice President of Engineering
Comp: $948.64k
Mr. Jeffrey Byron Zdunich
VP of Finance & Controller

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

WCP Stock Analysis - Frequently Asked Questions

Should I buy or sell Whitecap Resources stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Whitecap Resources in the last twelve months. There are currently 1 hold rating, 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.
What is Whitecap Resources' stock price target for 2024?: 8 equities research analysts have issued 12-month price objectives for Whitecap Resources' shares. Their WCP share price targets range from C$12.50 to C$18.50. On average, they expect the company's stock price to reach C$14.77 in the next twelve months. This suggests a possible upside of 60.7% from the stock's current price.
View analysts price targets for WCP or view top-rated stocks among Wall Street analysts.
How have WCP shares performed in 2023?: Whitecap Resources' stock was trading at C$10.74 on January 1st, 2023. Since then, WCP stock has decreased by 14.4% and is now trading at C$9.19.
View the best growth stocks for 2023 here.
When is Whitecap Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our WCP earnings forecast.
How were Whitecap Resources' earnings last quarter?: Whitecap Resources Inc. (TSE:WCP) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.10. The business had revenue of $1.03 billion for the quarter. Whitecap Resources had a net margin of 26.66% and a trailing twelve-month return on equity of 17.79%.

How often does Whitecap Resources pay dividends? What is the dividend yield for Whitecap Resources?: Whitecap Resources announced a monthly dividend on Wednesday, November 15th. Stockholders of record on Thursday, November 30th will be given a dividend of 0.061 per share on Friday, December 15th. This represents a $0.73 annualized dividend and a yield of 7.97%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for WCP.
Is Whitecap Resources a good dividend stock?: Whitecap Resources (TSE:WCP) pays an annual dividend of C$0.73 per share and currently has a dividend yield of 7.75%. WCP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WCP.
What other stocks do shareholders of Whitecap Resources own?: 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).
How do I buy shares of Whitecap Resources?: 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.
Compare Top Brokerages Here.

This page (TSE:WCP) was last updated on 12/5/2023 by MarketBeat.com Staff

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Whitecap Resources Stock Price, News & Analysis (TSE:WCP)

Whitecap Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Whitecap Resources Stock (TSE:WCP)

WCP Stock Price History

WCP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

WCP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™