Whitecap Resources (TSE:WCP) Downgraded to Outperform Rating by Raymond James Financial

Raymond James Financial downgraded shares of Whitecap Resources (TSE:WCP) from a strong-buy rating to an outperform rating in a report released on Tuesday morning,BayStreet.CA reports. They currently have C$16.00 price objective on the stock, up from their prior price objective of C$15.00.

WCP has been the topic of a number of other reports. National Bank Financial raised their price target on Whitecap Resources from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Scotiabank raised their target price on shares of Whitecap Resources from C$14.00 to C$15.00 and gave the company a “hold” rating in a research note on Tuesday, January 20th. Desjardins boosted their price target on shares of Whitecap Resources from C$13.50 to C$14.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. TD Securities increased their price objective on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Capital One Financial upgraded shares of Whitecap Resources to a “strong-buy” rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Whitecap Resources presently has an average rating of “Buy” and an average price target of C$14.94.

Whitecap Resources Stock Down 1.2%

WCP opened at C$13.59 on Tuesday. The stock’s 50 day moving average price is C$12.09 and its 200 day moving average price is C$11.24. The company has a debt-to-equity ratio of 21.58, a current ratio of 0.88 and a quick ratio of 0.67. The stock has a market cap of C$16.50 billion, a P/E ratio of 12.03, a P/E/G ratio of -0.33 and a beta of 0.69. Whitecap Resources has a 12 month low of C$6.87 and a 12 month high of C$13.98.

Trending Headlines about Whitecap Resources

Here are the key news stories impacting Whitecap Resources this week:

• Positive Sentiment: Multiple brokerages raised price targets and maintained buy/outperform views, signalling analyst confidence and potential near-term upside (TD, ATB Cormark, Canaccord, BMO). These raises put consensus targets roughly 10–14% above current levels, supporting demand from institutional investors. Analyst Ratings
• Positive Sentiment: Whitecap struck a natural gas supply deal with UK energy firm Centrica, expanding international offtake and securing incremental contracted sales — a revenue-diversifying commercial win that can help visibility into future gas sales. Centrica Supply Deal
• Positive Sentiment: Company reported strong results: record 2025 performance, exceeded guidance and completed integration of Veren — operational execution that supports cash flow and dividend coverage narratives. 2025 Results & Integration
• Neutral Sentiment: Raymond James adjusted its rating from “strong-buy” to “outperform” while raising its price target to C$16 — mixed signal (higher price target but lower enthusiasm in the published rating). Raymond James Note
• Neutral Sentiment: Several retail-focused articles and roundups are promoting WCP as a dividend candidate — may attract retail/income investors but are not new fundamental catalysts. MSN Dividend Pick Yahoo Dividend Roundup Globe & Mail Analyst Updates
• Negative Sentiment: Balance-sheet/liquidity metrics could temper enthusiasm: reported current ratio ~0.88, quick ratio ~0.67 and a high debt-to-equity reading in headline data — these raise sensitivity to commodity-price swings and could cap valuation multiple despite stronger results. (Background company financials)

About Whitecap Resources

Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.