Whitecap Resources Inc. (TSE:WCP - Get Free Report) Director Grant Bradley Fagerheim purchased 5,000 shares of the firm's stock in a transaction on Friday, April 4th. The stock was acquired at an average cost of C$7.60 per share, for a total transaction of C$38,000.00.
Grant Bradley Fagerheim also recently made the following trade(s):
- On Thursday, March 27th, Grant Bradley Fagerheim acquired 11,200 shares of Whitecap Resources stock. The shares were bought at an average price of C$9.39 per share, for a total transaction of C$105,168.00.
- On Monday, March 24th, Grant Bradley Fagerheim bought 10,000 shares of Whitecap Resources stock. The stock was bought at an average price of C$9.38 per share, with a total value of C$93,800.00.
- On Wednesday, March 12th, Grant Bradley Fagerheim purchased 30,000 shares of Whitecap Resources stock. The shares were bought at an average cost of C$8.42 per share, for a total transaction of C$252,600.00.
Whitecap Resources Stock Down 10.0 %
TSE WCP opened at C$7.75 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.88 and a debt-to-equity ratio of 21.58. The business has a 50 day moving average price of C$9.40 and a two-hundred day moving average price of C$9.98. The stock has a market cap of C$4.52 billion, a PE ratio of 5.23, a P/E/G ratio of -0.33 and a beta of 2.67. Whitecap Resources Inc. has a fifty-two week low of C$7.57 and a fifty-two week high of C$11.31.
Whitecap Resources Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.0608 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.73 dividend on an annualized basis and a yield of 9.41%. Whitecap Resources's dividend payout ratio (DPR) is 49.25%.
Analysts Set New Price Targets
WCP has been the subject of a number of research analyst reports. National Bankshares dropped their price objective on Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating for the company in a report on Thursday, January 30th. Desjardins set a C$12.00 price target on Whitecap Resources and gave the stock a "buy" rating in a research note on Wednesday, March 19th. Finally, Raymond James raised Whitecap Resources from a "market perform" rating to an "outperform" rating and set a C$13.00 price objective on the stock in a research note on Tuesday, March 11th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of C$13.52.
Check Out Our Latest Report on Whitecap Resources
Whitecap Resources Company Profile
(
Get Free Report)
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
