ATB Cormark raises target for Whitecap Resources stock to CAD 23.00
Published on 10/25/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital returns and earnings dates
- ATB Cormark raised its Whitecap target to CAD 23.00 on October 22, 2026.
- Whitecap reported CAD 2.35 billion in second-quarter revenue on July 29, 2026.
- Whitecap plans to release third-quarter results on October 28, 2026.
Whitecap Resources (ISIN CA96467A2002) drew a higher analyst target after ATB Cormark raised its price objective from CAD 19.00 to CAD 23.00 on October 22, 2026, according to MarketBeat. The brokerage maintained an outperform rating, putting the target CAD 3.00 above the earlier level.
Target rises before results
The analyst change arrives before Whitecap's next quarterly report. Whitecap had reported CAD 0.73 in quarterly earnings per share and CAD 2.35 billion in revenue for the second quarter ended June 30, 2026, figures carried by MarketBeat. The comparison matters because the upcoming release will test whether that operating scale continued into the second half.
Three dates define the setup
Whitecap reported CAD 0.73 quarterly earnings per share on July 29, 2026. It confirmed a CAD 0.0608 monthly dividend on October 15, 2026, and ATB Cormark raised its target from CAD 19.00 to CAD 23.00 on October 22, 2026. The dividend and reporting timetable came from Whitecap Resources.
When are the next results due?
Whitecap intends to release third-quarter 2026 results after the market close on October 28, 2026. The company scheduled its conference call and webcast for October 29, 2026, at 11:00 a.m. ET, giving investors two dated checkpoints for production, revenue and cash flow.
Toronto price stays the market reference
Whitecap Resources last traded at CAD 20.43 on the Toronto Stock Exchange on October 23, 2026, at 4:00 p.m. ET. The same quote showed a 52-week range of CAD 10.18 to CAD 20.79 and a market capitalization of CAD 24.8 billion, placing the share price CAD 0.36 below the yearly high.
The further course of trading is shown by the continuously updated real-time quote of Whitecap Resources stock.
Whitecap Resources stock facts
- Company: Whitecap Resources Inc.
- ISIN: CA96467A2002
- Ticker: WCP
- Primary exchange: TSX
- Market capitalization: CAD 24.8 billion (as of October 23, 2026)
- 52-week range: CAD 10.18-CAD 20.79 (as of October 23, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P/TSX Composite.
