Confirms Monthly Dividend for October of... Whitecap Announces Strategic Combination With NAL Resources in... Whitecap Resources Inc. They were not rash in the beginning of the year. The company will purchase up to 20 million shares over a period of twelve months commencing on May 21, 2020. Shareholders of record on Saturday, October 31st will be given a dividend of 0.014 per share on Monday, November 16th. "autosize": true, Our objective is to fully fund our capital expenditures and dividend payments within funds flow. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. They only cut dividends by 50% compared to others who slashed them or cancelled completely. The Kerrobert waterflood has a significant upside related to reserve recovery and decline stabilization. The company has a sound track record of reducing costs on acquisitions. Whitecap generated funds flow of ~$78 million in the second quarter. Socially Responsible Dividend Stocks, 10 Dividend Bargains You Can Before you buy any stocks/funds consult with a qualified financial planner. Whitecap paid $17.4 million in dividends to shareholders. Learn more. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. S&P 500, Forgotten S&P 500 Giants: CALGARY, AB, Oct. 15, 2020 /CNW/ - Whitecap Resources Inc. CNW Group. $0.01425 per common share in respect of September operations will be paid on October 15, 2020 to shareholders of record on September 30, 2020. Make your investment decisions at your own risk – see my full disclaimer for more details. The oil and gas industry is highly competitive at all levels. NAL has oil and gas operations in Alberta and Saskatchewan and is currently producing approximately 27,000 boe/d. Fundamental company data provided by Morningstar and Zacks Investment Research. About WhitecapWhitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Future Dividend Aristocrats: Close Contenders, Decades of Increasing Payments: 25 Whitecap is the leading operator and majority owner of the largest Carbon Capture and Utilization Storage Project in the world. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. Do Not Sell My Information. Replace the attached chart with a new chart ? Companies carrying on business in the crude oil and natural gas sector in Canada are subject to extensive government regulations and controls. any of each other's Investing.com's posts. "container_id": "tradingview_e9597" Receive a free world-class investing education from MarketBeat. ); DISCLOSURE: Please note that links to merchants mentioned within this post might be using an affiliate link. The company is favorably placed to gain from an eventual crude oil supply and demand recovery. Whitecap stands a good chance to gain from its principal oil and natural gas properties under development. CALGARY, AB, Oct. 15, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. "enable_publishing": false, STAG last increased its dividend in January 2020, and it is likely the company will raise the dividend again in early 2021. We list all the recent dividend announcements and dividend yields from TSE:WCP where possible. The company also realized $18 million of cost savings in the first half of the year and is anticipating an additional $32 million to be realized in the second half of the year.Whitecap is well-positioned to gain from industry consolidation. Buy Cheaper Than Insiders Did, Top Ranked Dividend Can Buy Cheaper Than Insiders Did, 10 Metals Stocks Want to see which stocks are moving? Whitecap’s fully funded income growth model, base production guidance of 81,000 – 83,000 boe/d for FY 2021, and significant free funds flow should support future dividend streak.The company is favorably placed to gain from an eventual crude oil supply and demand recovery. Whitecap Resources Inc. is an oil-weighted growth company. The oil and gas industry is highly competitive at all levels. It, however, increased its monthly dividend by 5% in 2018 and again by 5.6% in 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). "withdateranges": true, A Cision company. Are you sure you want to block %USER_NAME%? HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Forward Dividend & Yield: 0.17 (6.63%) Ex-Dividend Date: Oct. 29, 2020: 1y Target Est: 3.51: All. The royalties from production on Crown lands are determined by provincial regulation and calculated as a percentage of gross production. "interval": "D", Insiders Are Buying, 10 Energy Stocks You WCP.CA Dividend History & Description — Whitecap Resources Inc. Whitecap Resources is engaged in the exploration, acquisition, development and production of oil and natural gas reserves in … This comment has already been saved in your, This is a good entry point $4.36 is a gift, Wall Street Lower on Virus Surge, Stimulus Impasse; Dow Down 631 Pts, Virus Gains Momentum, Stimulus Stalls, Ant Group IPO - What's up in Markets, Dow Futures Down 284 Pts; Virus Resurgence Weighs, 3 Stocks To Watch This Coming Week: Microsoft, Apple, Amazon, Week Ahead: U.S. Futures, Stocks, Oil Fall; Treasuries, Dollar Advance, Pinterest, ExxonMobil: 1 Stock To Thrive, 1 Under Pressure, Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, Direxion Daily Junior Gold Miners Bull 2X Shares, To use this feature, make sure you are signed-in to your account, Make sure you are signed-in with the same user profile. Dividend Earner would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Whitecap’s oil and natural gas leases have a fixed term which can be increased where certain minimum thresholds of production have been reached. It has a robust drilling inventory with 3,390 pro forma locations for organic growth and value creation. CALGARY, AB, Oct. 15, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. For a complete list of my holdings, please see my Dividend Portfolio. %USER_NAME% was successfully added to your Block List. Whitecap’s portfolio of assets with stable production and low base declines provides shareholders with a predictable cash flow stream for monthly dividend payments. Whitecap’s business is heavily dependent on the prices of oil and natural gas production which have largely fluctuated during recent times. $0.01425 per common share in respect of October operations will be paid on November 16, 2020 to shareholders of record on October 31, 2020. It, however, increased its monthly dividend by 5% in 2018 and again by 5.6% in 2019. The company has continued to pay its dividend in good times as well as bad. Most of its reservoirs are characterized by thick oil columns with significant oil in place per unit area and characterized by shallow declines and a predictable production base. Economic Events and content by followed authors. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Whitecap will issue 58.3 million shares in exchange for NAL shares, resulting in pro forma ownership of 12.5%. Whitecap competes with the likes of Arc Resources, PrairieSky Royalty, Enerplus Corp., Enerflex, Ovintiv, etc. Please log in to your account or sign up in order to add this asset to your watchlist. WCP's next monthly dividend payment will be made to shareholders of record on Monday, November 16. Whitecap is also buying back its shares at discounted prices. View which stocks are hot on social media with MarketBeat's trending stocks report. Your ability to comment is currently suspended due to negative user reports. Shortly after the live webcast, an archived version will be available. CNW Group . Thanks for your comment. Please be fully informed regarding the risks and costs associated with trading, it is one of the riskiest investment forms possible. Boston Beer (NYSE: SAM) Pops on Earnings Again… Is it Still a Buy? It is a clean Canadian energy company focusing on the acquisition, development, and production of oil and natural gas assets in Western Canada.The company has a low decline light oil asset base and 2,895 drilling locations in British Columbia, Alberta, and Saskatchewan. Dividend Stocks Crossing Below Their 200 DMA, 10 Canadian Stocks Where The company has a modest dividend yield of 1.7% and a high payout ratio. It is targeting a 7% reduction to NAL operating costs on the combination. For further information about Whitecap, please visit our website at www.wcap.ca. Whitecap’s fully funded income growth model, base production guidance of 81,000 – 83,000 boe/d for FY 2021, and significant free funds flow should support future dividend streak. Our objective is to fully fund our capital expenditures and dividend payments within funds flow. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. CALGARY, AB, July 15, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. It, however, increased its monthly dividend by 5% in 2018 and again by 5.6% in 2019. ; This is an increase of 2.60% from the prior dividend of 38.5¢. Analysts' Current Least Favorites, 10 ETFs With Stocks That The company has continued to pay its dividend in good times as well as bad.
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