Whitecap Resources Stock Today
| WCP Stock | CAD 10.65 0.28 2.70% |
Performance17 of 100
| Odds Of DistressLess than 19
|
Whitecap Resources is selling at 10.65 as of the 24th of April 2024; that is 2.70 percent up since the beginning of the trading day. The stock's open price was 10.37. Whitecap Resources has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Whitecap Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Energy |
Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. WHITECAP RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 598 M outstanding shares of which 7.85 M shares are at this time shorted by private and institutional investors with about 2.92 days to cover all short positions. More on Whitecap Resources
Moving together with Whitecap Stock
| 0.86 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.76 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Whitecap Stock
| 0.89 | AAPL | Apple Inc CDR | PairCorr |
| 0.47 | SAGE | Sage Potash Corp | PairCorr |
Whitecap Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Whitecap Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Whitecap Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Kenneth Stickland | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Whitecap Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Whitecap Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Whitecap Resources' financial leverage. It provides some insight into what part of Whitecap Resources' total assets is financed by creditors.
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Whitecap Resources (WCP) is traded on Toronto Exchange in Canada and employs 542 people. Whitecap Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Whitecap Resources's market, we take the total number of its shares issued and multiply it by Whitecap Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Whitecap Resources operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 598 M outstanding shares of which 7.85 M shares are at this time shorted by private and institutional investors with about 2.92 days to cover all short positions.
Whitecap Resources has accumulated about 197.95 M in cash with 1.82 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check Whitecap Resources Probability Of Bankruptcy
Ownership AllocationWhitecap Resources retains a total of 598 Million outstanding shares. Roughly 75.0 (%) of Whitecap Resources outstanding shares are held by general public with 0.81 % owned by insiders and only 23.97 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Whitecap Ownership Details
Whitecap Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Whitecap Resources jumping above the current price in 90 days from now is about 8.11%. The Whitecap Resources probability density function shows the probability of Whitecap Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Whitecap Resources has a beta of 0.3775. This entails as returns on the market go up, Whitecap Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Whitecap Resources will be expected to be much smaller as well. Additionally, whitecap Resources has an alpha of 0.3425, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Whitecap Resources to move above the current price in 90 days from now is about 8.11 (This Whitecap Resources probability density function shows the probability of Whitecap Stock to fall within a particular range of prices over 90 days) .
Whitecap Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Whitecap Resources market risk premium is the additional return an investor will receive from holding Whitecap Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Whitecap Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Whitecap Resources' alpha and beta are two of the key measurements used to evaluate Whitecap Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.12 | |||
| Semi Deviation | 0.7808 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 |
Whitecap Stock Against Markets
Picking the right benchmark for Whitecap Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Whitecap Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Whitecap Resources is critical whether you are bullish or bearish towards Whitecap Resources at a given time. Please also check how Whitecap Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Whitecap Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Whitecap Resources Corporate Directors
Whitecap Resources corporate directors refer to members of a Whitecap Resources board of directors. The board of directors generally takes responsibility for the Whitecap Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Whitecap Resources' board members must vote for the resolution. The Whitecap Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Daryl Gilbert | Independent Director | Profile | |
| Heather Culbert | Independent Director | Profile | |
| Glenn McNamara | Independent Director | Profile | |
| Grant Zawalsky | Independent Director | Profile |
How to buy Whitecap Stock?
Before investing in Whitecap Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Whitecap Resources. To buy Whitecap Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Whitecap Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Whitecap Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Whitecap Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Whitecap Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Whitecap Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Whitecap Resources?
The danger of trading Whitecap Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Whitecap Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Whitecap Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Whitecap Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Whitecap Stock analysis
When running Whitecap Resources' price analysis, check to measure Whitecap Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Whitecap Resources is operating at the current time. Most of Whitecap Resources' value examination focuses on studying past and present price action to predict the probability of Whitecap Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitecap Resources' price. Additionally, you may evaluate how the addition of Whitecap Resources to your portfolios can decrease your overall portfolio volatility.
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