Whitecap Resources (OTCMKTS:SPGYF) Trading Up 0.7% – Time to Buy?

Whitecap Resources Inc. (OTCMKTS:SPGYFGet Free Report)’s stock price was up 0.7% on Thursday . The stock traded as high as $7.30 and last traded at $7.28. Approximately 37,955 shares were traded during trading, a decline of 73% from the average daily volume of 141,225 shares. The stock had previously closed at $7.23.

Whitecap Resources Stock Performance

The company has a 50 day simple moving average of $7.57 and a two-hundred day simple moving average of $7.49.

Whitecap Resources Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a dividend of $0.0441 per share. The ex-dividend date was Thursday, October 31st. This represents a yield of 7.07%. Whitecap Resources’s dividend payout ratio (DPR) is presently 47.33%.

Whitecap Resources Company Profile

(Get Free Report)

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.

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