NEWAI Investor Insights
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TSE:WCP
8.97
0.17 (1.93%) 1d
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Feb 20, 2024, 9:00 pm
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Investor Insights
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.
Consensus
Mixed
Valuation
Fair Value
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
$8.800
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
$8.290
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
$8.300
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%.
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Oil and Gas (Integrated Oils)
Stockchase Insights
$8.300
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
$8.890
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
$8.850
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.
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Oil and Gas (Integrated Oils)
Stockchase Insights
$8.920
Unknown
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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
$8.800
No
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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
$9.555
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
$10.400
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
$10.710
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
$10.930
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
$10.830
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
$11.470
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
$11.620
Owned
UnlockRating
Whitecap Resources(WCP-T) Rating
Ranking : 5 out of 5
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.