Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.93 and traded as low as $6.84. Whitecap Resources shares last traded at $6.85, with a volume of 37,304 shares.
Whitecap Resources Stock Performance
The business’s 50 day moving average is $6.93 and its two-hundred day moving average is $7.29.
Whitecap Resources Cuts Dividend
The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be paid a $0.0424 dividend. This represents a yield of 7.36%. The ex-dividend date is Friday, January 31st. Whitecap Resources’s dividend payout ratio (DPR) is currently 47.33%.
About Whitecap Resources
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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