TSE:WCP

Whitecap Resources (WCP.TO)

16.78
-0.14 (0.83%)
as of Aug 13, 2026, 4:39:47 pm Market Open.
993 watching
0
Investor Insights
star iconAug 13, 2026, 12:00 am

This summary was created by AI, based on 41 opinions in the last 12 months.

Whitecap Resources (WCP) has garnered significant attention from experts due to its solid management, strong operational performance, and consistent dividend payments. Many analysts believe that WCP is undervalued compared to peers, highlighting its impressive inventory and cash flow multiples. The company's recent merger with Veren has increased its market significance, leading to enhanced production and growth prospects. While some experts express caution regarding future oil prices, sentiment remains largely positive, with expectations for substantial upside potential in the medium to long term. Overall, WCP is viewed as a reliable investment with strong underlying fundamentals and attractive yield potential.

consensus icon
Consensus
Buy
valuation icon
Valuation
Undervalued
review icon
Similar
CNQ
COMMENT
Energy bottoms this time of year, tax-loss season. Dec. 26-May 24 is seasonality for WCP. Technically, it looks encouraging, with a double bottom. It's approaching the 200-day moving average of $4.30; if it breaks above this, WCP can have runway ahead. However, there's still five days of excess oil supply in the States. A production cut would be a catalyst, but there remains excessive inventory of world oil. Seasonality: good. Fundamentals: unknown.
PAST TOP PICK
(A Top Pick Dec 17/18, Up 5%) He has a $7 target in a $70 oil price environment. A nice dividend. These stocks are so cheap. Walking away from these names is ridiculous. Buy during tax loss season.
TOP PICK
A high yield that is sustainable down to $49 oil. There is still good upside on valuation metrics. They have modest decline rates. He likes how they buy back their own shares. It is trading at 85% of its reserve blow down value. Yield 8.26% (Analysts’ price target is $6.55)
COMMENT
Politically we threw fuel on the fire in a weak commodity market. You have to be positive on the forward energy price to like anything. SU is a safer bet than WCP as they can make money at current prices. He is not sure WCP will be able to benefit. He expects more consolidation of smaller players in this space going forward.
DON'T BUY
The high dividend yield won't last. $5.10 is his model price. Their balance sheet is impaired (similar to many Canadian oil companies). They need to do some write-offs to bolster the balance sheet. The fundamentals aren't here, and an NDP-Liberal win next week won't help.
HOLD
It is very inexpensive right now. He thinks the distribution is sustainable down to about $50-$55 WTI prices. The stock has been weak based on comments from the CEO, who said that banks may less inclined to increase lending to energy, especially natural gas companies. This may cause companies to jettison assets to keep debt down. The CEO is hoping this will provide some cheap assets they can acquire. He would prefer the company buy its own stock, that is greatly discounted to its book value. He owns it personally for the dividend. Yield 8.9%
BUY

Good energy dividend payers? For a five year time period, there are a few 9% dividend payers which are safe, he thinks. He would suggest ARX-T (11% yield), WCP-T, and TOG-T (each yielding around 9%). He thinks the dividends are safe to $50 WTI. These stocks are just so undervalued and have enormous upside if investment comes back.

BUY ON WEAKNESS
They pay a good dividend. Low debt so he thinks the stock is quite cheap. Volume should increase by Q1.
DON'T BUY

Management has done a good job in this light oil producer (WCP-T). If the economy slows, oil prices would fall and that could threaten the yield further. He has a negative view on all resources right now. He only owns pipelines like ENB-T.

HOLD
A Western Canadian light oil producer. A well run company. The dividend is safe, he thinks. If you like energy at all, this would be one of his favorites. You could easily see $7 per share again -- a 45% gain potential, including the dividend. The balance sheet is also pretty good. The pipeline situation in Western Canada needs to be resolved. Yield 7%
PARTIAL SELL
Not one of his favourites in the oil and gas space in Canada. See Top Picks today.
COMMENT
A decent little energy producer that still pays a dividend. He puts it in the top half of the mid-cap group. An okay company, dividend and growth. It's okay.
BUY
He likes it and owns it. The dividend is secure. Next year he thinks we will have $70 oil or more. You want to own this stock going forward. If it backs off to the $4's it will be a table pounding buy. His target is $7 one year and $20 in 3 to 5 years.
TOP PICK
A company generating great free cash flow. The dividend is attractive. A great time to get into the space and this is a good company. Yield 7.86% (Analysts’ price target is $7.28)
BUY
Historically, paying 9-10% yields is nuts, but in this environment that is sustainable, including for WCP. They can still generate a free cash flow yield of 5% and so, in fact, raise their dividend. He really likes and owns a lot of WCP. U.S. funds will eventually flow back into Canadian mid-cap oil stocks when they realize that shale growth is not as expected. WCP trades at 78% of its liquidation value. The only knock here is they're reluctant to buyback shares (he'll meet with the CEO soon to discuss this). He strongly suggests that Canadian oil companies buyback shares to encourage investors.
Showing 196 to 210 of 479 entries