Whitecap Resources Ownership
| WCP Stock | CAD 9.33 0.02 0.21% |
Shares in Circulation | First Issued 2002-03-31 | Previous Quarter 602.1 M | Current Value 599.2 M | Avarage Shares Outstanding 228 M | Quarterly Volatility 230.8 M |
Whitecap |
Whitecap Stock Ownership Analysis
About 23.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.95. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Whitecap Resources last dividend was issued on the 31st of March 2025. The entity had 1:10 split on the 18th of October 2010. Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. WHITECAP RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 453 people. For more information please call Grant Fagerheim at 403-266-0767 or visit https://www.wcap.ca.Whitecap Resources Outstanding Bonds
Whitecap Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Whitecap Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Whitecap bonds can be classified according to their maturity, which is the date when Whitecap Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
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| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Whitecap Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whitecap Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Whitecap Stock
| 0.67 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.61 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.6 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.57 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whitecap Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whitecap Resources to buy it.
The correlation of Whitecap Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Whitecap Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Whitecap Stock
Whitecap Resources financial ratios help investors to determine whether Whitecap Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Whitecap with respect to the benefits of owning Whitecap Resources security.