Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 27 opinions in the last 12 months.
Whitecap Resources (WCP) appears to be entering a challenging phase, with recent declines raising concerns about its future performance—particularly in light of natural gas price volatility. However, many analysts recognize the potential value of WCP, especially after its planned merger with Verenex Energy (VRN), which could lead to significant synergies and cost savings. The company boasts an attractive dividend yield of approximately 7.8% with a strong payout ratio, and its low P/E ratio relative to peers adds to its appeal. Despite being well-managed, WCP's portfolio primarily comprises light oil assets, which may require continuous drilling to maintain production levels. Nevertheless, the consensus reflects optimism around its long-term prospects should oil prices recover, indicating that now might be a strategic time to invest for potential upside.
He likes the WCP-Veren deal. Both were already decent companies, but together will enjoy synergy from cost savings. It will become the 4th-largest light oil producer in Canada. Management knows what it's doing, valuation good. Bigger companies here tend to enjoy a multiple increase. Veren shareholder will receive the WCP dividend, a big increase for them. The combined company will do pretty well.
Has looked at this for a long time. Started a new position due to selloff on the merger with VRN. Really likes Canadian oil & gas long term, tariffs notwithstanding.
Fly in the ointment is our new prime minister, Mr. Carney, who continues to be anti-oil and -gas. Paradoxical to him, given Canada's absolutely superb endowment of oil & gas resources and related technology. Perplexing that political leadership of Canada doesn't understand the energy patch business case when we have lots to sell to lots of willing partners.
Here, he can look at support on the chart and know that it's real because we know about tariffs and the merger with VRN. He needs a bounce off support; if it doesn't bounce, and goes below support, then you have a problem and don't want to own. If it does bounce, then you have a target of between $11-12.
Concerns about tariffs are already built into the price, and that's why it's down.
If you assume oil prices go up, and assume they all execute well, which is the buy right now? He likes the upfront dividend. VRN is cheapest on price and financial metrics. Production outlook posted a few days ago is quite positive.
Not sure if the easiest thesis is to buy energy right now with Trump trying to attack the price of oil. But within the group, VRN is a name that works pretty well.
Good management team has done a good job managing current assets. But assets are mainly light oil with a high decline rate, so they have to keep drilling to keep up. Prefers longer reserve life and lower decline rate. Excellent job with oil recovery. Dividend safe at current oil prices. Too risky for her clients, but if you're OK with that keep holding.
See her Top Picks.
Pretty balanced between oil and natural gas. Really well run, paid down debt. Good opportunities to do tuck-in acquisitions in Western Canada. Because of new pipeline that's come on, benefited from narrowing of WTI-WCS spread. Production grows ~5% a year. More torque than the bigger players. Very nice 7% yield.
Whitecap Resources is a Canadian stock, trading under the symbol WCP-T on the Toronto Stock Exchange (WCP-CT). It is usually referred to as TSX:WCP or WCP-T
In the last year, 23 stock analysts published opinions about WCP-T. 13 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Whitecap Resources.
Whitecap Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Whitecap Resources.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
23 stock analysts on Stockchase covered Whitecap Resources In the last year. It is a trending stock that is worth watching.
On 2025-04-11, Whitecap Resources (WCP-T) stock closed at a price of $7.7.
Broke below the March low, an indication that it's going lower. Barring a dramatic reversal in the price of natural gas, which it's tilted more towards, it's probing lower. Going back on a 3-year chart, no place to hang your hat yet.
Lots of damage in last 2 days. There's a lot of value there, but you have to wait to see where to step in. All of energy will be wait and see.