Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.59 and traded as low as $7.52. Whitecap Resources shares last traded at $7.62, with a volume of 142,770 shares.
Whitecap Resources Stock Up 1.5 %
The firm has a 50 day moving average price of $7.59 and a 200 day moving average price of $7.51.
Whitecap Resources Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.0441 dividend. This represents a dividend yield of 7.07%. The ex-dividend date of this dividend is Thursday, October 31st. Whitecap Resources’s dividend payout ratio (DPR) is presently 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.
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