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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Whitecap Resources Inc (SPGYF) is a developer and holder of petroleum and natural gas properties and assets.

The company acquires assets with discovered petroleum initially in place and low current recovery factors.

Light oil is the primary byproduct of Whitecap's Canadian assets.

To extract petroleum products from its resources, the company uses horizontal drilling in addition to multistage fracturing technology.

Crude oil is the revenue generator out of the basket of energy products sold.

Whitecap Resources Inc. was founded in 2009 and is headquartered in Calgary, Canada.

Three key data points gauge Whitecap Resources Inc or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

SPGYF Price

Whitecap Resource’s share price dropped about 10.4% in the past year from $7.09 to $6.35 as of Tuesday’s market close.

In the past 3 years, the company’s share price has ranged from $5.85 to $9.99.

By the way, SPGYF’s all-time high price of $16.98 was reached on August 26, 2014.

Should the company conform to the average one-year price gains per the past 5 years, the share price could grow $0.70 to $7.05 in the next year.

SPGYF Dividend

Whitecap has paid variable monthly dividends since February 15th, 2013. The company’s most recent M dividend was declared February 13th for shareholders of record prior to February 28th, and the payout is due March 17th. A forward-looking annual dividend of $0.51 yields 7.96% per Tuesday’s closing price.

SPGYF Returns

Putting it all together, a $1.21 estimated gross gain per share shows up by adding Whitecap Resources’ annual $0.51 dividend to the estimated $0.70 annual price gain, totaling that $1.21 gross amount.

A little over $1000 buys 157 shares at Friday’s $6.35 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.065 per share out of the $1.21 gross-gain to give us a $1.145 net amount per share to multiply by 157 shares, to equal $179.77 for near an 18% estimated net gain on the year.

Furthermore, the $79.60 annual dividend income from $1k invested in Whitecap is over 12.5 times greater than the single-share price. By these numbers, Whitecap Resources Inc may be an ideal dividend dog.

Therefore, you may choose to pounce on SPGYF as a 16-year-old monthly dividend-paying petroleum holdings company with a 12 year dividend record.

The exact track of Whitecap Resources Inc.'s future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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