Whitecap Resources (WCP-T) — Stockchase (2024)

Whitecap Resources (WCP-T) — Stockchase (1)

Whitecap Resources (WCP-T) — Stockchase (2)

Whitecap Resources (WCP-T) — Stockchase (3)

NEWAI Investor Insights

799 watching

TSE:WCP

8.97

Whitecap Resources (WCP-T) — Stockchase (4) 0.17 (1.93%) 1d

  • Financials
  • Technical Analysis
  • Buy, Sell or Hold?

Feb 20, 2024, 9:00 pm

Related posts

Most Anticipated Earnings: OR-T, ELD-T and more Canadian Companies Reporting Earnings this Week (Feb 19-23)Tech earnings lead market declineOil surges to lift TSX

Investor Insights

Whitecap Resources (WCP-T) — Stockchase (8)

This summary was created by AI, based on 27 opinions in the last 12 months.

Experts have mixed opinions on the company Whitecap Resources. Some believe the company has a strong balance sheet and a safe dividend, while others are concerned about the high debt levels and the company's direction. There is also some positive sentiment around the company's ability to maintain a high dividend yield and its potential for growth. Overall, the experts' opinions are varied, but there is cautious optimism about the company's future.

Whitecap Resources (WCP-T) — Stockchase (9)

Consensus

Mixed

Whitecap Resources (WCP-T) — Stockchase (10)

Valuation

Fair Value

Whitecap Resources (WCP-T) — Stockchase (11)

Similar

Freehold Royalties Ltd, FRU-T

PAST TOP PICK

Whitecap Resources(WCP-T)16/02/2024

(A Top Pick Jan 25/23, Down 15%)

Investors not happy with 2022 XTO acquisition. Ratio b/w liquids rich and natural gas not favorable. Questions around sustainability of dividend. Personally, thinks dividends are safe with a large margin of safety. Capital plans can be deferred if required. Oil prices starting to recover. Will continue to hold.

Oil and Gas (Integrated Oils)

Jamie Murray

Whitecap Resources (WCP-T) — Stockchase (15) $8.800

Whitecap Resources (WCP-T) — Stockchase (16) Owned

UnlockRating

COMMENT

Whitecap Resources(WCP-T)05/02/2024

It is in light oil and has done some acquisitions so the debt levels are higher now. Has a high dividend yield. She prefers Freehold and it comes without the exploration risk along with almost a 7% yield.

Oil and Gas (Integrated Oils)

Rebecca Teltscher

Whitecap Resources (WCP-T) — Stockchase (21) $8.290

Whitecap Resources (WCP-T) — Stockchase (22) Unknown

UnlockRating

HOLD

Whitecap Resources(WCP-T)02/02/2024

Not positive on recent moves by company - paying down too much debt. Would rather the company had reinvested cash into earnings growth rather than debt reduction. Also not a fan of dividends due to withholding tax. Would rather cash used on buybacks or earnings growth. Will continue to own shares.

Oil and Gas (Integrated Oils)

Cole Smead

Whitecap Resources (WCP-T) — Stockchase (27) $8.300

Whitecap Resources (WCP-T) — Stockchase (28) Owned

UnlockRating

HOLD

Whitecap Resources(WCP-T)02/02/2024

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

WCP cut its dividend in 2016 and 2020, but in recent years it has not. Cash from operations is highly positive at $1.822B in the last-twelve-months along with a solid balance sheet which makes us believe that the dividend is probably secure, barring a collapse in commodity prices. . The nine month payout ratio was 76%.
Unlock Premium - Try 5i Free

Oil and Gas (Integrated Oils)

Stockchase Insights

Whitecap Resources (WCP-T) — Stockchase (33) $8.300

Whitecap Resources (WCP-T) — Stockchase (34) Unknown

UnlockRating

BUY

Whitecap Resources(WCP-T)25/01/2024

Sell AQN for tax loss, where to put proceeds?

Mid-cap energy stocks have been strong, even with reduced fund flows from pension and ESG funds. WCP and ARX will continue to do well.

Never sell just for tax reasons. Whenever he's done this, it's been a mistake. Instead, ask yourself if your thesis still holds for owning the stock? If yes, hold on. If not, let it go.

Oil and Gas (Integrated Oils)

Brendan Caldwell

Whitecap Resources (WCP-T) — Stockchase (39) $8.890

Whitecap Resources (WCP-T) — Stockchase (40) Unknown

UnlockRating

BUY

Whitecap Resources(WCP-T)12/01/2024

Excellent business that owns large amount of shares in. Excellent management team. Safe dividend. Plan from recent M&A has been executed flawlessly. Low cost producer allows $55 WTI price floor. Expecting company to continue buying back stock and increasing dividend. Would recommend buying.

Oil and Gas (Integrated Oils)

Mike Vinokur

Whitecap Resources (WCP-T) — Stockchase (45) $8.850

Whitecap Resources (WCP-T) — Stockchase (46) Owned

UnlockRating

BUY

Whitecap Resources(WCP-T)05/01/2024

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We do not see any company specific news regarding WCP since its results in October but there have been some modest target price cuts since then. WCP continues to be a consistent monthly dividend payer and will move with energy prices in the short-term. The shares are cheap, yield is high and is starting to pay debt back down which is nice to see.
Unlock Premium - Try 5i Free

Oil and Gas (Integrated Oils)

Stockchase Insights

Whitecap Resources (WCP-T) — Stockchase (51) $8.920

Whitecap Resources (WCP-T) — Stockchase (52) Unknown

UnlockRating

BUY

Whitecap Resources(WCP-T)12/12/2023

Fine company. Firing on all cylinders, though impacted by weak energy prices. Can't go wrong with this.

Oil and Gas (Integrated Oils)

Rick Rule

Whitecap Resources (WCP-T) — Stockchase (57) $8.800

Whitecap Resources (WCP-T) — Stockchase (58) No

UnlockRating

HOLD

Whitecap Resources(WCP-T)22/11/2023

Slight premium to other names. Overhang is its promise for M&A activity, likely to happen in 2024. 40-50% potential upside from here with $80 oil. Yield is 7.6%.

Oil and Gas (Integrated Oils)

Eric Nuttall

Whitecap Resources (WCP-T) — Stockchase (63) $9.555

Whitecap Resources (WCP-T) — Stockchase (64) Owned

UnlockRating

DON'T BUY

Whitecap Resources(WCP-T)06/11/2023

Why the weakness in recent months?

Aren't as shareholder-friendly as its peers, like buying back shares and paying down debt. Instead, WCP has been buying businesses for long-term growth. The market prefers higher dividends and buybacks. He isn't buying any oil stocks now.

Oil and Gas (Integrated Oils)

John Zechner

Whitecap Resources (WCP-T) — Stockchase (69) $10.400

Whitecap Resources (WCP-T) — Stockchase (70) Unknown

UnlockRating

BUY ON WEAKNESS

Whitecap Resources(WCP-T)27/10/2023

Recent Q3 results mediocre. Share price has been weak due to results. Trading at premium to sector peers. Owns shares in company. Strong management team. Would buy more shares if price falls. Expecting a ~$14 share price given $80 oil price.

Oil and Gas (Integrated Oils)

Eric Nuttall

Whitecap Resources (WCP-T) — Stockchase (75) $10.710

Whitecap Resources (WCP-T) — Stockchase (76) Unknown

UnlockRating

BUY

Whitecap Resources(WCP-T)12/10/2023

Sell ARX to buy WCP?

Prodigious free cashflow being used to aggressively pay down debt. All while maintaining capital investments and treating shareholders fairly well. A good buy for a 2-3 year hold. He wouldn't sacrifice ARX shares to fund the purchase.

Oil and Gas (Integrated Oils)

Rick Rule

Whitecap Resources (WCP-T) — Stockchase (81) $10.930

Whitecap Resources (WCP-T) — Stockchase (82) Owned

UnlockRating

HOLD

Whitecap Resources(WCP-T)06/10/2023

Population growth Canada does affect energy stocks too much. Global demand more important for energy prices. China weakness in real estate a concern. Potential for recession also a concern. Expecting $70-$90 price going forward. Does not own shares in company. Hard to predict future of company.

Oil and Gas (Integrated Oils)

Ryan Bushell

Whitecap Resources (WCP-T) — Stockchase (87) $10.830

Whitecap Resources (WCP-T) — Stockchase (88) No

UnlockRating

BUY

Whitecap Resources(WCP-T)29/09/2023

~7% ownership in fund.
High quality oil assets.
Recent entered into Montney oil field.
Long reserve life (PDP).
Experienced management team.
Dividend yield is safe.
Expecting a $16 share price going forward.

Oil and Gas (Integrated Oils)

Eric Nuttall

Whitecap Resources (WCP-T) — Stockchase (93) $11.470

Whitecap Resources (WCP-T) — Stockchase (94) Owned

UnlockRating

BUY

Whitecap Resources(WCP-T)07/09/2023

Likes the generosity toward shareholders, balance sheet tightening, and sustaining capital to support the dividend. "In the choice between yield and growth, why not choose both?"

Oil and Gas (Integrated Oils)

Rick Rule

Whitecap Resources (WCP-T) — Stockchase (99) $11.620

Whitecap Resources (WCP-T) — Stockchase (100) Owned

UnlockRating

Showing 1 to 15 of 394 entries

Whitecap Resources(WCP-T) Rating

Ranking : 5 out of 5

Whitecap Resources (WCP-T) — Stockchase (103)Whitecap Resources (WCP-T) — Stockchase (104)Whitecap Resources (WCP-T) — Stockchase (105)Whitecap Resources (WCP-T) — Stockchase (106)Whitecap Resources (WCP-T) — Stockchase (107)

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 25

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, 25 stock analysts published opinions about WCP-T. 20 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?

25 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 2024-02-20, Whitecap Resources (WCP-T) stock closed at a price of $8.97.

Whitecap Resources (WCP-T) — Stockchase (2024)

FAQs

Is Whitecap Resources a good stock to buy? ›

Whitecap Resources's analyst rating consensus is a Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.

What is the price target for Whitecap Resources in 2025? ›

According to analysts, WCP price target is 13.52 CAD with a max estimate of 15.00 CAD and a min estimate of 11.75 CAD.

Why is WCP stock falling? ›

Whitecap Resources has been struggling lately as its earnings have declined faster than most other companies. The P/E is probably low because investors think this poor earnings performance isn't going to improve at all.

How much shares are outstanding in Whitecap resources? ›

On May 9, 2024, Whitecap had 599,075,607 common shares outstanding and 591,106,134 common shares in its public float.

How often does Whitecap pay dividends? ›

Dividend Summary

There are typically 12 dividends per year (excluding specials), and the dividend cover is approximately 2.0.

What is the target price for WSC stock? ›

The average price target is $47.86 with a high forecast of $60.00 and a low forecast of $42.00.

Who did Whitecap Resources buy? ›

Whitecap Resources buys XTO Energy Canada for $1.9B - BNN Bloomberg.

What is the outlook for WPC stock? ›

WPC Stock 12 Month Forecast

in the last 3 months. The average price target is $61.00 with a high forecast of $70.00 and a low forecast of $55.00. The average price target represents a 8.52% change from the last price of $56.21.

What do whitecap resources do? ›

Whitecap Resources Inc. is a clean Canadian energy company. Our premium asset base allows us to pair sustainable long-term growth with a disciplined risk management strategy. We are a world class CO2 sequestrator, and take pride in active community involvement.

Who owns Whitecap? ›

White Cap and CSG said the transaction is also valued at approximately $4 billion, while CD&R purchased White Cap from HD Supply for $2.9 billion. CD&R now holds 65 percent ownership in the combined company, with previous CSG shareholders holding 35 percent ownership.

What is the total debt of Whitecap? ›

Our balance sheet is in excellent shape, with net debt currently at $1.5 billion which represents a debt to EBITDA ratio of 0.7x at current strip prices8 and provides us with $1.6 billion of undrawn capacity. Our balance sheet will continue to strengthen further to approximately $1.0 - $1.2 billion by year end 2023.

Is WCC a good stock to buy? ›

Wesco International has a consensus rating of Strong Buy which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for Wesco International is $195.88. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is KSS stock a good buy? ›

Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of KSS, demonstrate its potential to outperform the market.

Is Whitecap a good company? ›

85 percent of White Cap employees say White Cap is a great place to work, a 4 percent increase from 2023 and 27 percent higher than the average U.S. company.

Will WDC stock go up? ›

WDC Stock 12 Month Forecast

Based on 17 Wall Street analysts offering 12 month price targets for Western Digital in the last 3 months. The average price target is $90.53 with a high forecast of $115.00 and a low forecast of $79.00. The average price target represents a 17.42% change from the last price of $77.10.

Top Articles
Latest Posts
Article information

Author: Corie Satterfield

Last Updated:

Views: 5956

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Corie Satterfield

Birthday: 1992-08-19

Address: 850 Benjamin Bridge, Dickinsonchester, CO 68572-0542

Phone: +26813599986666

Job: Sales Manager

Hobby: Table tennis, Soapmaking, Flower arranging, amateur radio, Rock climbing, scrapbook, Horseback riding

Introduction: My name is Corie Satterfield, I am a fancy, perfect, spotless, quaint, fantastic, funny, lucky person who loves writing and wants to share my knowledge and understanding with you.