Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.95 and traded as low as $6.77. Whitecap Resources shares last traded at $6.79, with a volume of 119,259 shares.
Whitecap Resources Stock Down 1.7 %
The firm has a 50 day moving average price of $6.96 and a 200-day moving average price of $7.28.
Whitecap Resources Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.0427 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 7.49%. This is a positive change from Whitecap Resources’s previous dividend of $0.04. Whitecap Resources’s dividend payout ratio (DPR) is currently 47.33%.
Whitecap Resources Company Profile
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
Featured Stories
- Five stocks we like better than Whitecap Resources
- What is the NASDAQ Stock Exchange?
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- How to Invest in Blue Chip Stocks
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What Are the U.K. Market Holidays? How to Invest and Trade
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for Whitecap Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitecap Resources and related companies with MarketBeat.com's FREE daily email newsletter.
