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Whitecap Resources

WCP-T

Analysis and Opinions about WCP-T

Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
September 9, 2021
Stockchase Research Editor: Michael O'Reilly WCP is a top rated Canadian resource producer, producing 80,000 bpd of oil, another 11,000 bpd of NGLs, and is growing its natural gas position in the prolific Montney area. It has benefitted as oil prices have rebounded back towards more sustainable levels. It trades at 7x earnings compared to peers at 24x and is valued presently at 1.6x book. It pays a great dividend, backed by a payout ratio of under 30% of cashflow. We would buy this with a stop loss at $4.25, looking to achieve $8.25 -- upside potential over 50%. Yield 3.22% (Analysts’ price target is $8.13)
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Whitecap Resources (WCP-T)
September 9, 2021
Stockchase Research Editor: Michael O'Reilly WCP is a top rated Canadian resource producer, producing 80,000 bpd of oil, another 11,000 bpd of NGLs, and is growing its natural gas position in the prolific Montney area. It has benefitted as oil prices have rebounded back towards more sustainable levels. It trades at 7x earnings compared to peers at 24x and is valued presently at 1.6x book. It pays a great dividend, backed by a payout ratio of under 30% of cashflow. We would buy this with a stop loss at $4.25, looking to achieve $8.25 -- upside potential over 50%. Yield 3.22% (Analysts’ price target is $8.13)
BUY
BUY
August 23, 2021
He likes it. Light oil and good management. They grew organically as well as through acquisitions. They generate a lot of cash flow. They should buy back their own stock or invest in renewable. They are reflecting a $50 oil price. He likes the sector.
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He likes it. Light oil and good management. They grew organically as well as through acquisitions. They generate a lot of cash flow. They should buy back their own stock or invest in renewable. They are reflecting a $50 oil price. He likes the sector.
John Zechner
Price
$5.140
Owned
Unknown
BUY
BUY
August 4, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has had record production and increased production guidance. There is no increase in capital expenditure. Payout ratio is 26%.The fundamentals are in the right direction. The valuation is low and fundamentals point to a buy. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has had record production and increased production guidance. There is no increase in capital expenditure. Payout ratio is 26%.The fundamentals are in the right direction. The valuation is low and fundamentals point to a buy. Unlock Premium - Try 5i Free

PAST TOP PICK
PAST TOP PICK
July 30, 2021
(A Top Pick Aug 06/20, Up 135%) The name has done well. Still miss-priced, as is the sector. Emerged from the challenging environment last year and ended up coming out of it better. Dividends have increased. Trading at 2.6x cashflow. The old multiples were 7-8 multiples. Net zero emitter so it ticks the ESG box.
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(A Top Pick Aug 06/20, Up 135%) The name has done well. Still miss-priced, as is the sector. Emerged from the challenging environment last year and ended up coming out of it better. Dividends have increased. Trading at 2.6x cashflow. The old multiples were 7-8 multiples. Net zero emitter so it ticks the ESG box.
Eric Nuttall
Price
$5.710
Owned
Yes
STRONG BUY
STRONG BUY
July 6, 2021

Like Cenovus and Arc, they had a busy 2020. WCP became the largest intermediate oil producer in western Canada. They're using carbon capture at their Weyburn unit and they may apply that clean tech to other facilities, maybe to generate revenue. It trades at a premium, because it's so well-run, low-cost, solid balance sheet with tremendous cash flow. They are aggressively reducing debt. Last year, they bought TORC Oil, a perfect merger in terms of balance sheet and assets. Buying NAL Resources was also strategic long-term. WCP is a top-tier oil producer. Boasts a strong balance sheet, so he expects them to keep paying down debt with their strong cash flow. Expects more tuck-in acquisitions to be the biggest player in this space.

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Like Cenovus and Arc, they had a busy 2020. WCP became the largest intermediate oil producer in western Canada. They're using carbon capture at their Weyburn unit and they may apply that clean tech to other facilities, maybe to generate revenue. It trades at a premium, because it's so well-run, low-cost, solid balance sheet with tremendous cash flow. They are aggressively reducing debt. Last year, they bought TORC Oil, a perfect merger in terms of balance sheet and assets. Buying NAL Resources was also strategic long-term. WCP is a top-tier oil producer. Boasts a strong balance sheet, so he expects them to keep paying down debt with their strong cash flow. Expects more tuck-in acquisitions to be the biggest player in this space.

HOLD
HOLD
June 21, 2021
It is the one oil and gas exploration and production company that he has a lot of respect for. They have always been very disciplined with their cash flow and how they grow their business. They have enhanced oil recovery and their decline rate is not as high as their peers (upper teens).
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It is the one oil and gas exploration and production company that he has a lot of respect for. They have always been very disciplined with their cash flow and how they grow their business. They have enhanced oil recovery and their decline rate is not as high as their peers (upper teens).
Teal Linde
Price
$6.380
Owned
Unknown
BUY
BUY
May 31, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has been actively acquiring companies. It is set up for good growth. Pays a decent dividend and valuation is good. Management team is competent. The balance sheet is stretched but should recover over the next two years. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has been actively acquiring companies. It is set up for good growth. Pays a decent dividend and valuation is good. Management team is competent. The balance sheet is stretched but should recover over the next two years. Unlock Premium - Try 5i Free

TOP PICK
TOP PICK
May 28, 2021
Believes we are in a multi-year bull market for oil. Biggest holding for him at 10% of his fund. The stock has been an under-performer compared to others that are up close to 40%. Has emerged stronger than before covid. Continues to add to inventory, free cashflow, dividend. At $70 oil, the stock is trading at 2.7x enterprise to cashflow. 29% cashflow yield. 3.5% dividend but they could pay higher dividends if they want to. Net negative emission company. $70 oil, he is modelling $11.79 share price. (Analysts’ price target is $7.97)
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Believes we are in a multi-year bull market for oil. Biggest holding for him at 10% of his fund. The stock has been an under-performer compared to others that are up close to 40%. Has emerged stronger than before covid. Continues to add to inventory, free cashflow, dividend. At $70 oil, the stock is trading at 2.7x enterprise to cashflow. 29% cashflow yield. 3.5% dividend but they could pay higher dividends if they want to. Net negative emission company. $70 oil, he is modelling $11.79 share price. (Analysts’ price target is $7.97)
Eric Nuttall
Price
$5.730
Owned
Yes
DON'T BUY
DON'T BUY
May 26, 2021

Damaged business model. Key risk is where you see energy price volatility, the business model doesn't make sense. It does make sense in the mid-$60 range, where we are now, which is why people are picking it up. But he favours TOU.

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Damaged business model. Key risk is where you see energy price volatility, the business model doesn't make sense. It does make sense in the mid-$60 range, where we are now, which is why people are picking it up. But he favours TOU.

Kevin Burkett
Price
$5.480
Owned
No
WEAK BUY
WEAK BUY
May 17, 2021
He has had a lot of respect for them over the years. They have always been very well managed. Decline rates are among the best in the industry. If he had to buy an E&P company this would be it. He has had more success in the mid-streamers however.
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He has had a lot of respect for them over the years. They have always been very well managed. Decline rates are among the best in the industry. If he had to buy an E&P company this would be it. He has had more success in the mid-streamers however.
Teal Linde
Price
$5.940
Owned
No
BUY
BUY
May 3, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Results exceeded guidance and showed growth across all metrics. There was an increase in production. Integration of their acquisitions are going well. Poised for good growth but remains relatively cheap. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Results exceeded guidance and showed growth across all metrics. There was an increase in production. Integration of their acquisitions are going well. Poised for good growth but remains relatively cheap. Unlock Premium - Try 5i Free

BUY
BUY
April 30, 2021
At $80, it would trade at 2.1x next year's cashflow, which is close to $15. A net negative emitter and best rated ESG energy company. There is alignment between the stock and management interest. The name will do quite well.
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At $80, it would trade at 2.1x next year's cashflow, which is close to $15. A net negative emitter and best rated ESG energy company. There is alignment between the stock and management interest. The name will do quite well.
Eric Nuttall
Price
$5.370
Owned
Yes
BUY
BUY
March 26, 2021

A big fan of the company and management. Sold it around a month ago due to relative valuation. Bought it back this year. A net negative emitter. Could get a multiple expansion. At a 6x multiple and $60 oil, it would be 63% upside. Have differentiated to acquire further gains. Bought Torc and it is still a target rich environment.

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A big fan of the company and management. Sold it around a month ago due to relative valuation. Bought it back this year. A net negative emitter. Could get a multiple expansion. At a 6x multiple and $60 oil, it would be 63% upside. Have differentiated to acquire further gains. Bought Torc and it is still a target rich environment.

Eric Nuttall
Price
$5.425
Owned
Yes
WATCH
WATCH
February 26, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Results were better than expected in the most recent quarterly earnings report. Cashflow and revenue declined though payout ratio is only 37% still. The merger offers good synergy. As commodity prices improve, 5i is warming up to this name. Unlock Premium - Try 5i Free

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Whitecap Resources (WCP-T)
February 26, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Results were better than expected in the most recent quarterly earnings report. Cashflow and revenue declined though payout ratio is only 37% still. The merger offers good synergy. As commodity prices improve, 5i is warming up to this name. Unlock Premium - Try 5i Free

BUY WEAKNESS
BUY WEAKNESS
February 9, 2021
Do the Saudis need $80 oil to survive? It's true. The Saudis have been drawing down their foreign exchange reserves to cope with low prices. WCP made him a lot of money before. It's had a big run recently, so he favours other names. It's currently trading at a premium vs. peers. That said, he sees 64% upside--decent, but he sees more upside in other oil stocks. They've made some great acquisitions. He'd certainly buy this on pullback, though.
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Whitecap Resources (WCP-T)
February 9, 2021
Do the Saudis need $80 oil to survive? It's true. The Saudis have been drawing down their foreign exchange reserves to cope with low prices. WCP made him a lot of money before. It's had a big run recently, so he favours other names. It's currently trading at a premium vs. peers. That said, he sees 64% upside--decent, but he sees more upside in other oil stocks. They've made some great acquisitions. He'd certainly buy this on pullback, though.
Eric Nuttall
Price
$5.280
Owned
No
Showing 1 to 15 of 323 entries

Whitecap Resources(WCP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 17

Stockchase rating for Whitecap Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 17 stock analysts published opinions about WCP-T. 13 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 The Panic-Proof Portfolio (Stockchase Research) on 2021-09-09. 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?

17 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 2021-09-17, Whitecap Resources (WCP-T) stock closed at a price of $5.68.