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Whitecap Resources (WCP-T)
TSE:WCP
10.45
0.02
(0.19%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$10.370
No
Owns shares in the company.
Projecting a $22 share price given $80-$100 oil.
PDP reserves at 6 years.
Highly discounted at current share price.
75% free cash flow committed in Q2.
Believes company will raise dividends.
Also expecting large share buybacks.
We once again reiterate this low cost oil and gas producer in the Montney and Duvernay shale regions as a TOP PICK. Recently reported earnings show free cash flow exceeding the last three years combined, allowing for debt to be retired and shares bought back. The company's strategy is to payout 75% of FCF to shareholders and use the balance to reduce debt. It pays a fine dividend, backed by a payout ratio under 15% of cash flow. We continue to recommend a stop-loss at $9.25, looking to achieve $15.00 -- upside potential over 36%. Yield 5.3%
(Analysts’ price target is $14.88)Very good company with excellent management team.
Green spin on the company with Co2 recycling attributes to business.
Excellent green story within energy sector.
Very under valued share price with strong dividend.
One of the hottest energy companies in Canada.
Russia output cuts and China re-opening good for oil prices.
Believes energy prices will remain high.
Great company with excellent management.
Whitecap Resources(WCP-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 16
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 18
Whitecap Resources(WCP-T) Frequently Asked Questions
What is Whitecap Resources stock symbol?
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
Is Whitecap Resources a buy or a sell?
In the last year, 18 stock analysts published opinions about WCP-T. 16 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Whitecap Resources.
Is Whitecap Resources a good investment or a top pick?
Whitecap Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Whitecap Resources.
Why is Whitecap Resources stock dropping?
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.
Is Whitecap Resources worth watching?
18 stock analysts on Stockchase covered Whitecap Resources In the last year. It is a trending stock that is worth watching.
What is Whitecap Resources stock price?
On 2023-03-31, Whitecap Resources (WCP-T) stock closed at a price of $10.45.
Pretty well managed. Consistently grows cashflow over time. Pretty favourable on it, though a bit expensive now. He owns other names that he's comfortable with.