share_log

Invest $10,000 in This Stock for $717 in Annual Passive Income

Invest $10,000 in This Stock for $717 in Annual Passive Income

将$10,000投资在这支股票上,每年可获得$717 passiv的收入
The Motley Fool ·  2024/11/28 10:00

Valued at a market cap of $6 billion, Whitecap Resources (TSX:WCP) is among Canada's most popular dividend stocks, given its forward yield of 7.17%. While the dividend yield is attractive, investors should evaluate whether the payout is sustainable across economic cycles. Moreover, the company should ideally raise its dividends annually over time, enhancing the yield at cost in the process.

Whitecap Resources(多伦多证券交易所股票代码:WCP)市值为60亿美元,是加拿大最受欢迎的股息股票之一,其远期收益率为7.17%。尽管股息收益率具有吸引力,但投资者应评估派息在整个经济周期中是否可持续。此外,理想情况下,公司应随着时间的推移每年提高股息,在此过程中以成本计算提高收益率。

In this article, I aim to support my thesis for investing in Whitecap stock at its current valuation. Let's dive deeper.

在本文中,我的目标是支持我以当前估值投资Whitecap股票的论点。让我们更深入地研究。

The bull case for investing in Whitecap Resources stock

投资Whitecap Resources股票的牛市理由

Whitecap Resources is an oil and gas company that acquires and develops petroleum and natural gas properties in Canada. The company went public in July 2010 and has returned 131% to shareholders. After adjusting for dividend reinvestments, cumulative returns are much higher at 350%.

Whitecap Resources是一家石油和天然气公司,收购和开发加拿大的石油和天然气财产。该公司于2010年7月上市,已向股东回报了131%。调整股息再投资后,累计回报率要高得多,为350%。

Despite a challenging macro environment and volatile commodity prices, Whitecap reported strong numbers in the third quarter (Q3) of 2024. The company achieved an average production of 173,302 barrels of oil equivalent per day (BoE/d) and generated a funds flow of $409 million, or $0.68 per share. In Q3, Whitecap invested $273 million to drill 67 wells and generated $136 million of free funds flow. In the first nine months of 2024, its free funds flow stood at $350 million.

尽管宏观环境充满挑战,大宗商品价格波动,但Whitecap在2024年第三季度(第三季度)公布了强劲的数字。该公司实现了平均每天173,302桶石油当量(英国央行/日)的产量,并创造了4.09亿美元的资金流,合每股0.68美元。在第三季度,Whitecap投资2.73亿美元钻探了67口井,创造了1.36亿美元的自由资金流。在2024年的前九个月中,其自由资金流为3.5亿美元。

Given a quarterly dividend expense of $108 million, Whitecap's payout ratio stood at 79.4% in Q3. It also spent $117 million on share buybacks, returning $225 million to investors in the September quarter.

鉴于季度股息支出为1.08亿美元,Whitecap在第三季度的派息率为79.4%。它还花费了1.17亿美元进行股票回购,在9月季度向投资者返还了2.25亿美元。

Whitecap's asset-level performance and operational execution exceeded expectations in the first nine months of 2024. It is tracking above its previous annual guidance of 167,000 to 172,000 barrels of oil equivalent per day and expects to end the year with an average of 172,500 BoE/d.

在2024年的前九个月,Whitecap的资产级业绩和运营执行超出了预期。该指数高于其先前设定的每天16.7万至17.2万桶石油当量的年度预期,预计年底将达到平均17.25万桶桶/日。

What's next for Whitecap Resources stock?

Whitecap Resources股票的下一步是什么?

Whitecap Resources continues to invest heavily in capital expenditures, which should translate into higher funds flow in the future and support dividend hikes. In 2025, it expects to invest between $1.1 billion and $1.2 billion in capital expenditures and generate $1.65 billion in funds flow. So, Whitecap's free funds flow will be around $500 million, enough to cover its annual dividend payout of $430 million.

Whitecap Resources继续大量投资于资本支出,这将转化为未来更高的资金流并支持股息的上涨。到2025年,它预计将投资11亿至12亿美元的资本支出,并产生16.5亿美元的资金流。因此,Whitecap的自由资金流将达到约5亿美元,足以支付其4.3亿美元的年度股息支出。

The oil and gas company projects average production to grow by 5% year over year to 178,000 BoE/d as its capital investments will be spread evenly to optimize long-term sustainability.

这家石油和天然气公司预计,平均产量将同比增长5%,达到17.8万桶桶/日,因为其资本投资将平均分配,以优化长期可持续性。

Whitecap's track record of growing production and funds flow is exceptional, given it is part of a cyclical sector. Since 2010, it has grown funds flow by 12% annually while production growth is around 11%. Between January 2013 and September 2024, Whitecap returned $2.1 billion to shareholders via dividends and spent $731 million on buybacks.

鉴于Whitecap是周期性行业的一部分,其产量和资金流增长的记录非常出色。自2010年以来,它的资金流每年增长12%,而产量增长约11%。在2013年1月至2024年9月期间,Whitecap通过分红向股东返还了21亿美元,并花费了7.31亿美元进行回购。

WCP stock is reasonably priced at 10 times forward earnings, given its growing production numbers and tasty dividend yield.

鉴于其产量不断增长和可观的股息收益率,WCP股票的定价合理,是远期收益的10倍。

The Foolish takeaway

愚蠢的外卖

COMPANY RECENT PRICE NUMBER OF SHARES DIVIDEND TOTAL PAYOUT FREQUENCY
Whitecap Resources $10.17 983 $0.06 $59 Quarterly
公司 近期价格 股票数量 分红 总支出 频率
白帽资源 10.17 美元 983 0.06 美元 59 美元 每季度

A $10,000 investment in WCP stock will help you purchase 983 company shares. Given an annual dividend payout of $0.73 per share, investors can earn close to $717 in passive income each year by holding this TSX energy stock.

对WCP股票的1万美元投资将帮助您购买983股公司股票。鉴于每股0.73美元的年度股息支付,投资者通过持有这只多伦多证券交易所能源股每年可以获得近717美元的被动收入。

If Whitecap raises its dividends by 10% each year, your payout will double to $1,434 in seven years.

如果Whitecap每年将其股息提高10%,则您的派息将在七年内翻一番,达到1,434美元。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发