Whitecap Resources Inc. (TSE:WCP) Director Grant Bradley Fagerheim acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The stock was purchased at an average cost of C$9.69 per share, with a total value of C$96,900.00.
Grant Bradley Fagerheim also recently made the following trade(s):
- On Monday, December 4th, Grant Bradley Fagerheim acquired 10,200 shares of Whitecap Resources stock. The stock was purchased at an average cost of C$8.91 per share, with a total value of C$90,882.00.
Shares of Whitecap Resources Inc. (TSE WCP) traded down C$0.11 during trading hours on Thursday, reaching C$9.68. The company’s stock had a trading volume of 1,739,078 shares, compared to its average volume of 1,645,436. The firm has a market cap of $4,050.00, a PE ratio of 12.10 and a beta of 1.03. Whitecap Resources Inc. has a 52-week low of C$8.31 and a 52-week high of C$11.48.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.0257 per share. This is a boost from Whitecap Resources’s previous monthly dividend of $0.02. The ex-dividend date is Tuesday, January 30th. This represents a $0.31 annualized dividend and a dividend yield of 3.19%. Whitecap Resources’s dividend payout ratio (DPR) is 34.95%.
A number of equities research analysts have commented on the company. CIBC reiterated an “outperform” rating and set a C$12.50 target price on shares of Whitecap Resources in a report on Tuesday, December 5th. TD Securities increased their target price on Whitecap Resources from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Tuesday, December 5th. National Bank Financial increased their target price on Whitecap Resources from C$11.50 to C$12.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. Barclays increased their target price on Whitecap Resources from C$10.00 to C$11.00 in a report on Thursday, November 2nd. Finally, BMO Capital Markets increased their target price on Whitecap Resources from C$12.50 to C$13.00 and gave the company an “outperform” rating in a report on Tuesday, December 5th. Seven equities research analysts have rated the stock with a buy rating, Whitecap Resources has an average rating of “Buy” and a consensus price target of C$13.22.
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About Whitecap Resources
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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