Whitecap Resources Inc. (TSE:WCP) insider Jeffery Byron Zdunich bought 5,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were acquired at an average cost of C$8.46 per share, with a total value of C$42,300.00.

Jeffery Byron Zdunich also recently made the following trade(s):

  • On Thursday, June 15th, Jeffery Byron Zdunich bought 5,000 shares of Whitecap Resources stock. The shares were acquired at an average cost of C$9.12 per share, with a total value of C$45,600.00.

Shares of Whitecap Resources Inc. (TSE:WCP) traded down 0.67% during midday trading on Friday, hitting $8.92. 127,315 shares of the company were exchanged. The stock has a market capitalization of $3.30 billion and a price-to-earnings ratio of 10.94. Whitecap Resources Inc. has a 52-week low of $8.66 and a 52-week high of $12.90. The company has a 50-day moving average price of $9.12 and a 200-day moving average price of $9.71.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.023 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Tuesday, August 29th.

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A number of equities research analysts have recently issued reports on the stock. Barclays PLC dropped their target price on shares of Whitecap Resources from C$13.00 to C$10.00 in a report on Monday, July 24th. Royal Bank Of Canada dropped their price objective on shares of Whitecap Resources from C$15.00 to C$12.00 in a report on Thursday, July 20th. TD Securities reissued a “buy” rating and issued a C$14.00 price objective on shares of Whitecap Resources in a report on Thursday, May 4th. Scotiabank reissued an “outperform” rating and issued a C$15.00 price objective on shares of Whitecap Resources in a report on Thursday, May 4th. Finally, National Bank Financial dropped their price objective on shares of Whitecap Resources from C$13.50 to C$12.00 in a report on Friday, June 23rd. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Whitecap Resources currently has an average rating of “Buy” and an average price target of C$13.66.

About Whitecap Resources

Whitecap Resources Inc is a Canada-based oil-weighted growth company focused on its existing assets enhanced by oil-based acquisitions. Its assets include Boundary Lake property, which is located in northeast British Columbia; Valhalla North property, which is located in the Peace River Arch area of Alberta and is characterized by shallow declines and a production base, and Deep Basin properties, which include Karr, Simonette, Kakwa, Elmworth and Wapiti, which are located southwest of Grande Prairie, Alberta.

Insider Buying and Selling by Quarter for Whitecap Resources (TSE:WCP)

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