Whitecap Resources (TSE:WCP) Price Target Raised to C$15.00

Whitecap Resources (TSE:WCP) had its price target raised by BMO Capital Markets from C$13.00 to C$15.00 in a research note published on Tuesday morning,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

WCP has been the subject of a number of other research reports. National Bank Financial boosted their price objective on Whitecap Resources from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Raymond James Financial cut shares of Whitecap Resources from a “strong-buy” rating to a “moderate buy” rating and lifted their target price for the company from C$15.00 to C$16.00 in a report on Tuesday. TD Securities increased their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the stock a “buy” rating in a research note on Tuesday. Desjardins raised their price objective on shares of Whitecap Resources from C$13.50 to C$14.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Capital One Financial raised shares of Whitecap Resources to a “strong-buy” rating in a report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Whitecap Resources has an average rating of “Buy” and a consensus price target of C$15.15.

Whitecap Resources Stock Up 0.5%

Whitecap Resources stock opened at C$13.49 on Tuesday. The company has a market capitalization of C$16.38 billion, a P/E ratio of 11.94, a PEG ratio of -0.33 and a beta of 0.69. The company has a debt-to-equity ratio of 21.58, a quick ratio of 0.67 and a current ratio of 0.88. Whitecap Resources has a fifty-two week low of C$6.87 and a fifty-two week high of C$13.98. The stock has a 50-day simple moving average of C$12.18 and a 200-day simple moving average of C$11.27.

Whitecap Resources Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 16th will be given a dividend of $0.0608 per share. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a yield of 5.4%. Whitecap Resources’s payout ratio is presently 64.57%.

More Whitecap Resources News

Here are the key news stories impacting Whitecap Resources this week:

• Positive Sentiment: Declared monthly dividend of C$0.0608 per share (annualized yield ~5.4%). Ex-dividend date was Feb 27 and the record/payment date is Mar 16 — supports income-focused demand for the shares.
• Positive Sentiment: Royal Bank of Canada raised its price target to C$16.00 and maintains an “outperform” view, signaling meaningful upside from current levels. RBC price target raise
• Positive Sentiment: Desjardins increased its target from C$14.00 to C$15.00 and issued a “buy” — another vote of confidence from the sell-side. Desjardins target raise
• Positive Sentiment: ATB Cormark and TD Securities both raised price targets to C$15.00, and Canaccord published bullish commentary forecasting strong price appreciation — reinforcing the analyst-driven upside narrative. ATB Cormark target raise TD Securities target raise Canaccord bullish forecast
• Positive Sentiment: Mainstream coverage is highlighting the stock for income investors because of the 5.4% yield and monthly payout — that can attract yield-seeking flows. Passive Income Investors: This TSX Stock Has a 5.4% Yield With Monthly Payouts
• Neutral Sentiment: Analysis pieces examine Whitecap’s Veren integration and its effect on scale, cash flows and risk profile — important for medium-term fundamentals but not an immediate catalyst. Whitecap Veren integration analysis
• Neutral Sentiment: Valuation check articles discuss mixed short-term share moves and valuation metrics (P/E, growth), useful for longer-term positioning but offering limited immediate directional impact. Valuation check
• Negative Sentiment: Raymond James lowered its rating on WCP, introducing downside risk if other brokers follow or if the downgrade shifts sentiment — a counterweight to the upgrades. Raymond James rating cut

Whitecap Resources Company Profile

Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.