Whitecap Resources Inc. (TSE:WCP) Director Grant Bradley Fagerheim acquired 12,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were bought at an average cost of C$8.94 per share, with a total value of C$107,280.00.

Grant Bradley Fagerheim also recently made the following trade(s):

  • On Friday, June 16th, Grant Bradley Fagerheim acquired 12,000 shares of Whitecap Resources stock. The shares were bought at an average cost of C$9.13 per share, with a total value of C$109,560.00.

Shares of Whitecap Resources Inc. (TSE:WCP) traded up 0.45% during mid-day trading on Tuesday, reaching $9.02. 836,016 shares of the company traded hands. Whitecap Resources Inc. has a 52 week low of $8.66 and a 52 week high of $12.90. The firm has a market capitalization of $3.34 billion and a price-to-earnings ratio of 11.07. The firm has a 50-day moving average price of $9.20 and a 200 day moving average price of $9.85.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be given a dividend of $0.023 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Thursday, July 27th.

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WCP has been the subject of several research reports. Scotiabank reissued an “outperform” rating and set a C$15.00 price objective on shares of Whitecap Resources in a report on Thursday, May 4th. National Bank Financial decreased their price objective on shares of Whitecap Resources from C$13.50 to C$12.00 in a report on Friday, June 23rd. Raymond James Financial, Inc. reissued an “outperform” rating and set a C$14.00 price objective on shares of Whitecap Resources in a report on Thursday, April 20th. TD Securities reissued a “buy” rating and set a C$14.00 price objective on shares of Whitecap Resources in a report on Thursday, May 4th. Finally, Barclays PLC decreased their price objective on shares of Whitecap Resources from C$13.00 to C$10.00 in a report on Monday, July 24th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Whitecap Resources presently has a consensus rating of “Buy” and an average price target of C$13.66.

Whitecap Resources Company Profile

Whitecap Resources Inc is a Canada-based oil-weighted growth company focused on its existing assets enhanced by oil-based acquisitions. Its assets include Boundary Lake property, which is located in northeast British Columbia; Valhalla North property, which is located in the Peace River Arch area of Alberta and is characterized by shallow declines and a production base, and Deep Basin properties, which include Karr, Simonette, Kakwa, Elmworth and Wapiti, which are located southwest of Grande Prairie, Alberta.

Insider Buying and Selling by Quarter for Whitecap Resources (TSE:WCP)

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