Insider Buying: Whitecap Resources Inc. (WCP) Director Acquires 10,200 Shares of Stock
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%.
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.
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