Whitecap Resources Inc. (TSE:WCP) Director Gregory Scott Fletcher bought 3,000 shares of the stock in a transaction on Wednesday, October 17th. The stock was purchased at an average price of C$6.93 per share, with a total value of C$20,790.00.
Gregory Scott Fletcher also recently made the following trade(s):
- On Wednesday, October 10th, Gregory Scott Fletcher acquired 3,000 shares of Whitecap Resources stock. The shares were bought at an average price of C$7.34 per share, with a total value of C$22,020.00.
TSE WCP traded down C$0.14 during trading hours on Friday, hitting C$5.92. 1,798,900 shares of the company’s stock traded hands, compared to its average volume of 1,735,389. Whitecap Resources Inc. has a 52-week low of C$5.74 and a 52-week high of C$10.36. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 39.39.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Thursday, November 15th will be paid a dividend of $0.027 per share. The ex-dividend date is Tuesday, October 30th. This represents a $0.32 annualized dividend and a yield of 5.47%. Whitecap Resources’s dividend payout ratio is presently -50.93%.
A number of research analysts recently issued reports on WCP shares. Cormark decreased their target price on shares of Whitecap Resources from C$13.75 to C$13.50 in a research report on Tuesday, October 9th. National Bank Financial boosted their target price on shares of Whitecap Resources from C$14.50 to C$16.00 and gave the company a “c$9.00” rating in a research report on Wednesday, July 18th. Raymond James cut their price objective on shares of Whitecap Resources from C$14.00 to C$13.25 in a report on Friday, October 5th. TD Securities cut their price objective on shares of Whitecap Resources from C$14.00 to C$11.00 and set a “buy” rating for the company in a report on Friday, November 2nd. Finally, Canaccord Genuity cut their price objective on shares of Whitecap Resources from C$13.00 to C$12.00 in a report on Tuesday, October 16th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$13.10.
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About Whitecap Resources
Whitecap Resources Inc acquires and develops petroleum and natural gas properties in the Western Canada Sedimentary Basin. Its principal properties are located in West Central Alberta, Northwest Alberta and British Columbia, Southeast Saskatchewan, West Central Saskatchewan, and Southeast Saskatchewan.
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