Veren-Whitecap merger a 'match made in heaven,' Raymond James analyst says
Veren (NYSE:VRN) closed +16.1% and Whitecap Resources (OTCPK:SPGYF) finished -15.2% on Monday, following news of their merger creating the seventh-largest Canadian oil and gas producer and the owner of 1.
Whitecap Resources upgraded to Outperform from Market Perform at Raymond James
Raymond James upgraded Whitecap Resources (SPGYF) to Outperform from Market Perform with a C$13 price target. Whitecap Resources and Veren
Whitecap and Veren merge in $10.4bn deal to expand shale operations
Whitecap Resources, a Canadian oil company, is set to merge with Veren, also an oil and gas company in Canada, in an all-stock transaction valued at C$15bn ($10.43bn), including debt. The merger will position the combined entity as the “seventh-largest” oil and gas producer in Canada and the largest Canadian light oil-focused producer.
Veren, Whitecap Resources to merge in all-stock deal valued at ~$15B
Veren (NYSE:VRN) and Whitecap Resources (OTCPK:SPGYF) announced a merger agreement Monday in an all-share transaction valued at ~$15B including debt to create a leading light oil and condensate producer in the Alberta Montney and Duvernay plays.
Veren and Whitecap Merger to Create a C$15B Energy Powerhouse
Veren Inc. VRN and Whitecap Resources Inc. have announced a transformative C$15 billion merger, creating Canada’s leading light oil and condensate producer with significant assets in Alberta’s Montney and Duvernay formations.
VRN & SPGYF Stocks Rally on $15B Merger Agreement
Turning to Wall Street, the analysts’ consensus rating for SPGYF is Strong Buy based on five Buy and one Hold ratings over the last three months. With that comes an average price target of $9.57, a ...
Whitecap Resources (OTCMKTS:SPGYF) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened
Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.85 and traded as low as ...
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Whitecap Resources Inc SPGYF
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Analysts Offer Insights on Energy Companies: Veren (VRN) and Whitecap Resources (OtherSPGYF)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Veren (VRN – Research Report) and Whitecap ...
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Whitecap Resources Inc (SPGYF) Q4 2024 Earnings Call Highlights: Record Shareholder Returns and ...
Whitecap Resources Inc (SPGYF) exceeded production expectations in 2024, providing four guidance increases throughout the year. The company returned over $560 million to shareholders through ...
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SPGYF Whitecap Resources Inc.
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Whitecap Resources Inc (SPGYF) Dividend History
Nasdaq Dividend History provides straightforward stock’s historical dividends data. Dividend payout record can be used to gauge the company's long-term performance when analyzing individual stocks.