Whitecap Resources Inc. (WCP) Insider Jeffery Byron Zdunich Sells 25,067 Shares

Whitecap Resources Inc. (TSE:WCP) insider Jeffery Byron Zdunich sold 25,067 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of C$8.77, for a total value of C$219,837.59.

Whitecap Resources Inc. (WCP) opened at C$7.93 on Monday. The stock has a market cap of $3,310.00, a price-to-earnings ratio of 9.91 and a beta of 0.93. Whitecap Resources Inc. has a 1-year low of C$7.72 and a 1-year high of C$11.48.

The business also recently declared 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. The ex-dividend date is Tuesday, January 30th. This is an increase from Whitecap Resources’s previous monthly dividend of $0.02. This represents a $0.31 annualized dividend and a dividend yield of 3.89%. Whitecap Resources’s dividend payout ratio is 34.95%.

Several equities research analysts recently issued reports on the company. National Bank Financial boosted their price target on Whitecap Resources from C$13.00 to C$14.50 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Barclays upped their target price on Whitecap Resources from C$11.00 to C$12.00 in a research note on Wednesday, January 17th. BMO Capital Markets upped their target price on Whitecap Resources from C$12.50 to C$13.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 5th. CIBC restated an “outperform” rating and set a C$12.50 target price on shares of Whitecap Resources in a research note on Tuesday, December 5th. Finally, Raymond James Financial upped their target price on Whitecap Resources from C$13.00 to C$13.25 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Seven research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price 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.

Insider Buying and Selling by Quarter for Whitecap Resources (TSE:WCP)

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