Grant Bradley Fagerheim Buys 12,000 Shares of Whitecap Resources Inc. (WCP) Stock
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.
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.
Receive News & Ratings for Whitecap Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitecap Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.