Whitecap Resources Inc.

Whitecap Resources Inc.

12.84
EUR
-0.02
(-0.14%)
11.10BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.06
3.52
2.19
1.87
2.72
3.66
3.53
2.28
4.5
7.75
6.36
6.62
5.95
- -
Basic EPS, GAAP
0.27
1.95
-1.76
0.5
-0.33
0.16
-0.38
-4.52
2.97
2.72
1.47
1.37
0.99
- -
Free Cash Flow per Basic Share
-0.85
-3.46
0.1
-1.24
-2.2
0.6
0.58
0.61
1.66
3.54
2.88
3.08
2.68
- -
Dividend per Share
0.62
0.73
0.75
0.34
0.28
0.32
0.34
0.21
0.21
0.38
0.62
0.73
0.74
0.55
Book Value per Share
7.44
10
8.34
8.5
7.97
7.8
7.15
2.44
6.07
8.3
9.16
9.78
9.06
9.45
Tangible Book Value per Share
6.87
9.38
7.93
8.17
7.68
7.5
6.85
2.44
6.07
8.3
9.16
9.78
9.06
9.45
Basic Weighted Avg Shares
150
232
284
340
372
417
412
408
599
617
605
595
993
1,216
Sales/Revenue/Turnover
459
816
622
635
1,011
1,525
1,454
932
2,694
4,780
3,849
3,938
5,909
- -
Operating Margin (%)
31.27
31.93
-82.59
45.81
15.14
20.63
17.26
2.02
31.21
37.47
26.62
23.8
19.91
- -
Depreciation Expense
152
258
825
21
386
487
486
358
546
807
865
975
1,709
- -
Net Income, GAAP
40
453
-501
171
-124
65
-156
-1,845
1,777
1,676
889
812
985
- -
Effective Tax Rate (%)
38.19
17.81
- -
28.74
- -
30.38
- -
- -
25.1
24.66
24.06
24.46
25.72
- -
Profit Margin (%)
8.81
55.55
-80.46
26.88
-12.26
4.27
-10.72
-197.98
65.95
35.06
23.1
20.63
16.66
- -
Working Capital
-47
98
-17
-120
-50
31
-37
-15
-212
218
-56
48
-503
-865
LT Debt
383
757
876
773
1,284
1,256
1,247
1,161
1,082
1,867
1,375
1,128
3,509
2,511
Total Equity
1,282
2,534
2,507
3,132
3,333
3,230
2,928
997
3,739
5,050
5,477
5,747
11,002
11,489
Return on Invested Capital (%)
5.94
14.06
- -
5.62
- -
1.44
- -
- -
57.89
31.33
12.15
12.98
7.72
- -
Return on Capital (%)
3.61
19.4
- -
5.26
- -
2.23
- -
- -
51.74
29.34
13.88
12.8
10.06
- -
Return on Common Equity (%)
3.69
23.75
-19.87
6.06
-3.83
1.98
-5.06
-94.01
75.02
38.14
16.89
14.47
11.76
- -

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
258
259
262
LT Borrowings
2,872
2,662
1,873
LT Finance Leases
637
648
639
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,214
1,214
1,216
Market Capitalization
14,111
19,091
18,002

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,184
1,265
1,087
Cash, Cash Equivalents & STI
59
73
4
Accounts Receivable, Net
845
1,050
949
Inventories
- -
- -
- -
Total Current Liabilities
1,688
2,359
1,953
Payables & Accruals
1,405
1,668
1,567
ST Debt
258
259
262
Deferred Revenue
2
2
2

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.79%
82.99%
91.43%
Free Cash Flow
-111.5%
89.77%
45.01%
Net Income, GAAP
4.87%
-47.27%
21.21%
Sales/Revenue/Turnover
37.09%
59.88%
50.05%
Total Cash Common Dividend
21.42%
55.14%
69.74%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
933
1,049
955
1,001
3,938
2025
1,013
1,447
- -
1,699
5,909
2026
2,082
2,699
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.41
0.46
0.4
1.37
2025
0.28
0.33
- -
0.25
0.99
2026
0.02
0.73
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.18
0.18
0.18
0.73
2025
0.18
0.2
- -
0.18
0.74
2026
0.18
0.18
- -
- -
- -

Company Description

CEO
Grant Bradley Fagerheim
Full Time Employees
1,045
Sector
Energy minerals
Industry
Integrated oil
Address
3800, 525 - 8th Avenue SW Calgary AB Canada T2P 1G1
IPO Date
Oct 28, 2010
Website
wcap.ca
Business
Whitecap Resources Inc is a Canadian energy company engaged in the acquisition, development, and production of oil and natural gas properties primarily located in the Western Canadian Sedimentary Basin including Northern Alberta, British Columbia, Central Alberta, and Western and Eastern Saskatchewan. The Company focuses on conventional and unconventional resource plays, specializing in light oil production. Its main products and services include petroleum and natural gas extraction, with core operations segmented into West Division regions such as Smoky, Kaybob, and Peace River Arch. Whitecap employs horizontal drilling and multistage fracturing technology to optimize recovery. The company also emphasizes enhanced oil recovery and carbon management initiatives. Founded in 2009, Whitecap is headquartered in Calgary, Alberta. Recent major developments include a $15 billion strategic combination with Veren Inc, creating a leading light oil and condensate producer with expanded asset base and substantial inventory growth potential. In 2024, Whitecap achieved record production exceeding 174,000 boe/d, executed a strategic partnership with Pembina Gas Infrastructure to fund phase 1 of the Lator Infrastructure for Montney development, and monetized a 50% interest in Musreau Facility and Kaybob Complex while retaining operations control. Additionally, Whitecap secured enhanced contract terms and infrastructure access that improve processing, transportation, and marketing economics valued at $190 million net present value. These initiatives support sustainable production growth, strong free cash flow, and monthly dividend payments to shareholders. Whitecap operates with a focus on delivering long-term value supported by investment-grade financial strength and a disciplined capital allocation strategy. The company employs over 560 personnel and is listed on the Toronto Stock Exchange under ticker WCP.TO.

Company News

  • Whitecap Resources: The Veren Exposure Is A Growing Advantage

  • Whitecap Resources: Good Earnings In Q2 2026 And Higher Production Guidance

  • Whitecap Resources Q2 Earnings Call Highlights

  • Whitecap Resources: There Is A Lot More Where That Came From

  • Whitecap Resources: I Almost Trimmed, Then I Built The Projection Model

  • Whitecap Resources Inc. (WCP:CA) Shareholder/Analyst Call Transcript

  • Whitecap Resources: An Impressive Q1 2026 And A Relatively Appealing Valuation

  • Whitecap Resources: Another Cash Flow Bonus

  • Whitecap Resources: Hit The Jackpot

  • Whitecap Resources Inc. (WCP:CA) Q4 2025 Earnings Call Transcript

  • Whitecap Resources: A Solid Q4 2025, Despite A Softer Oil Price

  • UK's Centrica signs natural gas supply deal with Canada's Whitecap Resources

  • Grade My Speculative Portfolio: My 3 Top Picks – What Do You Think?

  • Whitecap Resources: Post Merger Budget

  • Whitecap Resources: Next Comes The Benefits

  • Whitecap Resources: Strong Production In Q3, Softer Energy Prices

  • Whitecap Resources: A Strong Q2 Despite Weaker Energy Prices

  • Whitecap Resources: Best Of Both Worlds

  • Whitecap Resources: Strong Q2 2025 Puts 10%-15% Annual Return Target In Sight

  • Whitecap Resources: First Post-Merger Results & 2030 Projection Update