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Nervous markets await NvidiaThis summary was created by AI, based on 28 opinions in the last 12 months.
Whitecap Resources (WCP) has received mixed reviews from experts, reflecting a range of perspectives on its performance and prospects. On one hand, the company's strong balance sheet, sustainable dividends, and promising growth due to its Montney assets and the recent merger with Veren are widely acknowledged, offering an attractive 7-9.3% yield for income-seeking investors. Challenges remain, notably concerns about ongoing M&A activity and the impact of fluctuating natural gas prices, which some analysts believe could lead the stock to dip further. Many experts point to a favorable valuation compared to larger peers like CNQ and Suncor, emphasizing the potential for significant upside given WCP's earnings and book value yields. The overall sentiment suggests a wait-and-see approach may be prudent as the market contemplates broader energy trends and the implications of recent political developments in Canada.
Production of 179,051 b/d rose 5.5% and beat estimates of 174,000. Crude production rose 5.6%; NG liquids production rose 14%; gas production rose 2.7%. EPS of 27c did miss estimates of 39c; Revenue of $942M beat estimates of $876M. Guidance will be provided when the VRN merger closes. Even though they missed estimates, per share earnings still more than doubled. Payout ratio (12 months) is less than 25%. The dividend looks secure even with a drop in commodity prices.
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Profitable around $51, so you have about $6 of margin right now. Growing 3-5% per year. Paying down debt, balance sheet extremely strong. Dividends are sustainable down to $52. Wouldn't be surprised if they dialed down capex, which makes the dividend even more secure. Montney assets are significantly better than the market appreciates. Good natural gas weight. Yield is 9.3%.
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.
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.
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, 22 stock analysts published opinions about WCP-T. 15 analysts recommended to BUY the stock. 2 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.
22 stock analysts on Stockchase covered Whitecap Resources In the last year. It is a trending stock that is worth watching.
On 2025-05-02, Whitecap Resources (WCP-T) stock closed at a price of $7.82.
All oil has been hit recently, but long run energy is key to future growth. So, WCP is buy, can expand their reserves and a good low-cost producer.