TSE:WCP

Whitecap Resources Stock Forecast, Price & News

C$6.16

-0.24 (-3.75 %)

(As of 06/17/2021 12:00 AM ET)

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Today's Range

C$6.07

▼

C$6.39

50-Day Range

C$5.26

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C$6.50

52-Week Range

C$2.10

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C$6.82

Volume4.02 million shs

Average Volume3.60 million shs

Market CapitalizationC$3.90 billion

P/E Ratio9.38

Dividend Yield3.05%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Whitecap Resources

Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. Its principal properties are located in West Central Alberta, Northwest Alberta and British Columbia, Southeast Saskatchewan, West Central Saskatchewan, and Southwest Saskatchewan. As of February 24, 2021, it had a total proved plus probable reserves of 507,287 thousand barrels of oil equivalent. Whitecap Resources Inc. is headquartered in Calgary, Canada.

Whitecap Resources (TSE:WCP) PT Raised to C$10.00 at National Bank Financial
June 17, 2021 | americanbankingnews.com

Whitecap Resources (TSE:WCP) PT Raised to C$10.00 at National Bankshares
June 17, 2021 | americanbankingnews.com

Whitecap Resources (TSE:WCP) Stock Price Crosses Above 200-Day Moving Average of $0.00
June 17, 2021 | americanbankingnews.com

Whitecap Resources (TSE:WCP) Price Target Raised to C$7.00
June 9, 2021 | americanbankingnews.com

1 No-Brainer Midcap Energy Play to Buy Today
June 6, 2021 | ca.finance.yahoo.com

Whitecap Resources (TSE:WCP) Stock Crosses Above 200-Day Moving Average of $0.00
June 3, 2021 | americanbankingnews.com

Whitecap Resources (TSE:WCP) Share Price Passes Above 200 Day Moving Average of $5.08
May 26, 2021 | americanbankingnews.com

Whitecap Resources shares rise on dividend bump, buyback renewal, acquisition close
May 17, 2021 | msn.com

Whitecap Resources Inc. Exceeds Guidance, Achieves Record Production and Generates Significant Free Funds Flow
April 29, 2021 | finance.yahoo.com

M&A Activity Picking Up in Canada’s Energy Sector Highlights Bullish Outlook
April 18, 2021 | ca.finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Current SymbolTSE:WCP
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.wcap.ca
Phone+1-403-2660767
Employees278
Year FoundedN/A

Sales & Book Value

Annual SalesC$984.23 million
Price / Sales3.96
Cash FlowC$0.03 per share
Price / Cash Flow202.81
Book ValueC$3.36 per share
Price / Book1.83

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares632,382,000
Market CapC$3.90 billion
Next Earnings Date7/29/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.31 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 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$7.58, Whitecap Resources has a forecasted upside of 23.1% from its current price of C$6.16.
Amount of Analyst Coverage
Whitecap Resources has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.4 Community Rank

Outperform Votes
Whitecap Resources has received 940 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Whitecap Resources has received 461 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Whitecap Resources has received 67.09% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Whitecap Resources and other stocks. Vote “Outperform” if you believe WCP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WCP will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Whitecap Resources pays a meaningful dividend of 3.05%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Whitecap Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Whitecap Resources is 26.15%. This payout ratio is at a healthy, sustainable level, below 75%.

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$36,175.00 in company stock and sold C$0.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Whitecap Resources is 9.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Whitecap Resources is 9.38, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 30.49.
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 1.83. 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

Whitecap Resources (TSE:WCP) Frequently Asked Questions

Is Whitecap Resources a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitecap Resources in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Whitecap Resources stock.
View analyst ratings for Whitecap Resources or view top-rated stocks.

What stocks does MarketBeat like better than Whitecap Resources?

Wall Street analysts have given Whitecap Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Whitecap Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Whitecap Resources' next earnings date?

Whitecap Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Whitecap Resources.

How were Whitecap Resources' earnings last quarter?

Whitecap Resources Inc. (TSE:WCP) released its quarterly earnings results on Thursday, April, 29th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.03. The business had revenue of $471.65 million for the quarter.
View Whitecap Resources' earnings history.

How has Whitecap Resources' stock been impacted by Coronavirus (COVID-19)?

Whitecap Resources' stock was trading at C$1.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WCP stock has increased by 252.0% and is now trading at C$6.16.
View which stocks have been most impacted by COVID-19.

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

Whitecap Resources announced a monthly dividend on Friday, May 28th. Stockholders of record on Tuesday, June 15th will be paid a dividend of 0.0151 per share on Tuesday, June 15th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Friday, May 28th.
View Whitecap Resources' dividend history.

Is Whitecap Resources a good dividend stock?

Whitecap Resources pays an annual dividend of C$0.17 per share and currently has a dividend yield of 3.05%. The dividend payout ratio of Whitecap Resources is 26.15%. This payout ratio is at a healthy, sustainable level, below 75%.
View Whitecap Resources' dividend history.

What price target have analysts set for WCP?

11 Wall Street analysts have issued twelve-month target prices for Whitecap Resources' shares. Their forecasts range from C$4.50 to C$10.00. On average, they expect Whitecap Resources' stock price to reach C$7.58 in the next year. This suggests a possible upside of 23.1% from the stock's current price.
View analysts' price targets for Whitecap Resources or view top-rated stocks among Wall Street analysts.

Who are Whitecap Resources' key executives?

Whitecap Resources' management team includes the following people:

Mr. Grant Bradley Fagerheim, Pres, CEO & Director (Age 62, Pay $1.09M)
Mr. Thanh C. Kang, Chief Financial Officer (Age 42, Pay $834.88k)
Mr. Joel M. Armstrong, VP of Production & Operations (Age 54, Pay $662.03k)
Mr. Darin Roy Dunlop, VP of Engineering (Age 54, Pay $662.03k)
Mr. Andrew Bullock, VP of Exploration & Geosciences
Mr. Jeffrey Byron Zdunich, VP of Fin. & Controller

Who are some of Whitecap Resources' key competitors?

Some companies that are related to Whitecap Resources include Ovintiv (OVV), Tourmaline Oil (TOU), Return Energy (RTN), Seven Generations Energy (VII), Zargon Oil & Gas (ZAR), Raging River Exploration (RRX), Energean (ENOG), Freehold Royalties (FRU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Tamarack Valley Energy (TVE), Kosmos Energy (KOS), Diversified Energy (DEC), Tullow Oil (TLW) and International Petroleum (IPCO).
View all of WCP's competitors.

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).

What is Whitecap Resources' stock symbol?

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

How do I buy shares of Whitecap Resources?

Shares of WCP 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.

What is Whitecap Resources' stock price today?

One share of WCP stock can currently be purchased for approximately C$6.16.

How much money does Whitecap Resources make?

Whitecap Resources has a market capitalization of C$3.90 billion and generates C$984.23 million in revenue each year.

How many employees does Whitecap Resources have?

Whitecap Resources employs 278 workers across the globe.

What is Whitecap Resources' official website?

The official website for Whitecap Resources is www.wcap.ca.

Where are Whitecap Resources' headquarters?

Whitecap Resources is headquartered at 3800-525 8 Ave SW, CALGARY, AB T2P 1G1, Canada.

How can I contact Whitecap Resources?

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

This page was last updated on 6/18/2021 by MarketBeat.com Staff

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