Whitecap Resources Inc. (SPGYF) to Issue Dividend of $0.02 on June 15th

Whitecap Resources Inc. (OTCMKTS:SPGYFGet Rating) announced a dividend on Tuesday, May 24th, investing.com reports. Shareholders of record on Monday, May 30th will be given a dividend of 0.0232 per share on Wednesday, June 15th. This represents a yield of 3.61%. The ex-dividend date is Friday, May 27th.

Whitecap Resources stock traded up $0.27 during trading hours on Wednesday, hitting $8.00. The company had a trading volume of 105,483 shares, compared to its average volume of 92,434. Whitecap Resources has a 1 year low of $3.64 and a 1 year high of $9.10. The company has a 50-day moving average price of $8.15 and a two-hundred day moving average price of $7.07.

Several equities research analysts have issued reports on SPGYF shares. BMO Capital Markets boosted their price objective on shares of Whitecap Resources from C$11.00 to C$12.00 in a research report on Friday, February 25th. CIBC boosted their price target on shares of Whitecap Resources from C$13.00 to C$14.50 in a report on Thursday, April 14th. Royal Bank of Canada boosted their price target on shares of Whitecap Resources from C$13.00 to C$14.00 in a report on Friday, April 29th. Scotiabank boosted their price target on shares of Whitecap Resources from C$11.00 to C$12.00 in a report on Monday, April 18th. Finally, TD Securities boosted their price target on shares of Whitecap Resources from C$15.00 to C$15.50 in a report on Friday, April 29th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Whitecap Resources presently has a consensus rating of “Buy” and an average target price of $13.23.

Whitecap Resources Company Profile (Get Rating)

Whitecap Resources Inc, oil and gas company, acquires and develops petroleum and natural gas properties in Canada. Its principal properties are located in West Central Alberta, British Columbia, Southeast Saskatchewan, West Central Saskatchewan, and Southwest Saskatchewan. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent.

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Dividend History for Whitecap Resources (OTCMKTS:SPGYF)

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