Whitecap To Acquire XTO, Announces Dividend Hike

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Whitecap To Acquire XTO, Announces Dividend Hike

Whitecap Resources (TSX: WCP) stock rose by almost six per cent to close at C$ 9.75 on June 28. The TSX oil and gas company disclosed an agreement to acquire XTO Energy Canada for about C$ 1.9 billion this day. The midcap company also raised its monthly dividend by 22 per cent to C$ 0.0367

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