Whitecap Resources Inc. (TSE:WCP) Director Grant Bradley Fagerheim acquired 10,200 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was acquired at an average price of C$8.91 per share, with a total value of C$90,882.00.

Whitecap Resources Inc. (TSE WCP) traded up C$0.02 on Tuesday, reaching C$8.84. 1,462,744 shares of the company’s stock traded hands, compared to its average volume of 1,358,026. Whitecap Resources Inc. has a 52-week low of C$8.42 and a 52-week high of C$12.90.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a $0.023 dividend. This represents a $0.28 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend is Wednesday, November 29th. Whitecap Resources’s payout ratio is presently 34.95%.

A number of equities research analysts recently issued reports on WCP shares. National Bank Financial increased their target price on shares of Whitecap Resources from C$11.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Raymond James Financial increased their target price on shares of Whitecap Resources from C$13.25 to C$14.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 14th. Barclays increased their target price on shares of Whitecap Resources from C$10.00 to C$11.00 in a research report on Thursday, November 2nd. CIBC reiterated an “outperform” rating and set a C$12.50 target price on shares of Whitecap Resources in a research report on Tuesday. Finally, TD Securities increased their target price on shares of Whitecap Resources from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Tuesday. Seven analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of C$13.10.

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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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