Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.44 and traded as low as $7.10. Whitecap Resources shares last traded at $7.31, with a volume of 57,513 shares changing hands.
Whitecap Resources Stock Up 1.5 %
The firm has a 50 day moving average price of $7.44 and a two-hundred day moving average price of $7.45.
Whitecap Resources Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, September 16th. Shareholders of record on Monday, September 2nd will be given a $0.0444 dividend. This represents a yield of 7.1%. The ex-dividend date of this dividend is Friday, August 30th. Whitecap Resources’s dividend payout ratio (DPR) is 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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