Key Points
- Director Grant Bradley Fagerheim bought 5,000 Whitecap Resources shares at C$17.33 each, spending C$86,650. He now owns 3,318,099 shares; he also purchased 10,000 shares earlier in the week.
- Whitecap reported quarterly earnings of C$0.27 per share and revenue of C$2.14 billion.
- Analysts maintain a consensus Buy rating, with an average price target of C$20.50.
Whitecap Resources Inc. (TSE:WCP - Get Free Report) Director Grant Bradley Fagerheim purchased 5,000 shares of the firm's stock in a transaction that occurred on Thursday, November 5th. The shares were acquired at an average cost of C$17.33 per share, with a total value of C$86,650.00. Following the completion of the transaction, the director owned 3,318,099 shares in the company, valued at C$57,502,655.67. This trade represents a 0.15% increase in their position.
Grant Bradley Fagerheim also recently made the following trade(s):
- On Monday, November 2nd, Grant Bradley Fagerheim purchased 10,000 shares of Whitecap Resources stock. The stock was bought at an average price of C$18.73 per share, with a total value of C$187,300.00.
Whitecap Resources Trading Down 4.5%
TSE:WCP opened at C$16.70 on Friday. The business's 50-day moving average is C$18.73 and its two-hundred day moving average is C$16.04. The company has a debt-to-equity ratio of 23.99, a current ratio of 0.60 and a quick ratio of 0.67. Whitecap Resources Inc. has a 12 month low of C$10.32 and a 12 month high of C$20.79. The firm has a market capitalization of C$20.32 billion, a PE ratio of 13.15, a price-to-earnings-growth ratio of -0.33 and a beta of 0.21.
Whitecap Resources (TSE:WCP - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported C$0.27 EPS for the quarter. Whitecap Resources had a return on equity of 13.77% and a net margin of 19.74%. The company had revenue of C$2.14 billion for the quarter. Research analysts predict that Whitecap Resources Inc. will post 1.12 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on WCP shares. TD raised their target price on Whitecap Resources from C$18.00 to C$21.00 and gave the company a "buy" rating in a report on Friday, September 11th. Desjardins upped their price target on Whitecap Resources from C$23.00 to C$24.00 and gave the stock a "buy" rating in a report on Tuesday, October 20th. Royal Bank Of Canada upped their price target on Whitecap Resources from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a report on Wednesday, October 21st. National Bank Financial increased their price objective on shares of Whitecap Resources from C$27.00 to C$28.00 and gave the company an "outperform" rating in a research report on Tuesday, October 20th. Finally, ATB Cormark Capital Markets lifted their price objective on shares of Whitecap Resources from C$19.00 to C$23.00 and gave the company an "outperform" rating in a research note on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to MarketBeat.com, Whitecap Resources presently has a consensus rating of "Buy" and a consensus target price of C$20.50.
View Our Latest Research Report on Whitecap Resources
Whitecap Resources Company Profile
(
Get Free Report)
Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.
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