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Whitecap Resources
(TSX:WCP)
Whitecap Resources (WCP) vs. iShares MSCI Canada ETF (EWC)
Whitecap Resources Business Overview & Revenue Model
Whitecap Resources Earnings Call Summary
Whitecap Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.85B | 3.94B | 3.23B | 4.78B | 2.69B | 931.90M |
| Gross Profit | 2.16B | 2.36B | 1.40B | 3.11B | 1.73B | 453.24M |
| EBITDA | 2.29B | 2.18B | 2.16B | 3.13B | 2.99B | -2.00B |
| Net Income | 915.10M | 812.30M | 889.00M | 1.68B | 1.78B | -1.84B |
Balance Sheet | ||||||
| Total Assets | 9.79B | 9.95B | 9.60B | 9.53B | 6.88B | 3.38B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 362.30M | 32.90M | -29.00M | -29.67M | -71.59M |
| Total Debt | 942.50M | 1.14B | 1.38B | 1.87B | 1.09B | 1.17B |
| Total Liabilities | 3.98B | 4.20B | 4.13B | 4.48B | 3.14B | 2.38B |
| Stockholders Equity | 5.81B | 5.75B | 5.48B | 5.05B | 3.74B | 996.95M |
Cash Flow | ||||||
| Free Cash Flow | 633.60M | 696.80M | 617.60M | 1.49B | 564.70M | 248.91M |
| Operating Cash Flow | 1.78B | 1.83B | 1.74B | 2.18B | 1.12B | 450.18M |
| Investing Cash Flow | -634.60M | -563.80M | -765.60M | -2.50B | -387.38M | -261.03M |
| Financing Cash Flow | -1.14B | -907.40M | -976.90M | 313.40M | -736.53M | -189.15M |
Whitecap Resources Technical Analysis
Whitecap Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | C$6.43B | 9.07 | 12.43% | 4.01% | 796.07% | -35.52% | |
75 Outperform | $11.46B | 6.03 | 16.40% | 7.84% | 5.56% | 35.85% | |
75 Outperform | C$3.76B | 12.57 | 11.17% | 7.03% | 2.80% | -7.94% | |
75 Outperform | C$3.76B | 12.57 | 11.17% | 7.03% | 2.80% | -7.94% | |
74 Outperform | $2.73B | 7.40 | 16.78% | ― | -15.57% | -12.73% | |
73 Outperform | $6.50B | 10.85 | 13.64% | 1.56% | -10.66% | 13.34% | |
73 Outperform | $6.50B | 10.85 | 13.64% | 1.56% | -10.66% | 13.34% | |
65 Neutral | $5.56B | 24.92 | 8.39% | 4.41% | 1.73% | 3.68% | |
52 Neutral | C$2.91B | -1.09 | -3.26% | 6.12% | 5.32% | -43.41% |
Whitecap Resources Corporate Events
Whitecap Resources Inc. has successfully closed a $300 million offering of senior unsecured notes due in 2028, with a fixed interest rate of 3.761% per annum. The proceeds from this offering will be used to repay existing debt and for general corporate purposes, potentially strengthening the company’s financial position and operational flexibility.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. has announced a $300 million offering of senior unsecured notes, with a 3.761% interest rate due in 2028. The proceeds will be used to repay existing debt and for general corporate purposes. The company’s credit rating was recently upgraded to BBB by Morningstar DBRS, reflecting an improved credit profile. This offering is expected to enhance Whitecap’s financial flexibility and strengthen its market position.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. has announced a monthly cash dividend of Cdn. $0.0608 per common share for June 2025, payable on July 15, 2025, to shareholders of record on June 30, 2025. This announcement reflects Whitecap’s commitment to providing sustainable dividends while maintaining its growth strategy, potentially reinforcing its market position and offering value to its shareholders.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. announced its intention to terminate its U.S. reporting obligations with the SEC for its common shares, effective 90 days from filing, subject to SEC approval. The company’s shares will remain listed on the Toronto Stock Exchange, and it will continue to fulfill its Canadian disclosure obligations, ensuring transparency for its stakeholders.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the company to repurchase up to 10% of its public float over the next year. This move is intended to enhance shareholder value by repurchasing shares when their market price does not reflect their underlying value. Additionally, Whitecap has confirmed a monthly dividend of Cdn. $0.0608 per share for May, reinforcing its commitment to providing sustainable dividends to shareholders.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. has successfully completed its strategic merger with Veren Inc., making it the seventh largest oil and natural gas producer in Canada. This merger enhances Whitecap’s position as a major player in the industry, with increased production capabilities and a strong portfolio of drilling opportunities. The company plans to leverage this expanded asset base to improve profitability and shareholder returns. Additionally, Whitecap has entered agreements to sell non-strategic assets for $270 million, which will be used to strengthen its balance sheet. The company has also updated its 2025 production guidance, projecting increased production levels and significant capital expenditures focused on its Montney and Duvernay assets.
The most recent analyst rating on (TSE:WCP) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Whitecap Resources stock, see the TSE:WCP Stock Forecast page.
Whitecap Resources Inc. and Veren Inc. have received the final court order for their planned business combination, where Whitecap will acquire all outstanding shares of Veren. This strategic move, expected to complete by May 12, 2025, will lead to Veren’s delisting from the TSX and NYSE, impacting its trading status and reporting obligations in the U.S. market.
Whitecap Resources Inc. and Veren Inc. have announced that their shareholders have approved a business combination, with significant majorities in favor from both companies. This merger, pending court approval and other conditions, is expected to close soon, resulting in Veren’s delisting from the TSX and NYSE, impacting its trading status and reporting obligations in the U.S.
Whitecap Resources Inc. announced that all matters presented at its annual shareholders’ meeting were approved, including the election of nine directors, appointment of auditors, and amendments to the award incentive plan. The meeting also saw the approval of a non-binding advisory resolution on executive compensation, reflecting strong shareholder support for the company’s governance and strategic initiatives.
Whitecap Resources Inc. reported strong financial and operational results for the first quarter of 2025, with a 6% increase in production to 179,051 boe/d compared to the same period in 2024. This growth was driven by higher-than-expected output from new wells and robust base production. The company’s funds flow also saw a significant rise, reaching $446 million, marking a 17% increase on a per-share basis from the previous year. These results underscore Whitecap’s continued operational momentum and strategic positioning in the oil and gas sector, benefiting stakeholders through enhanced production and financial performance.
Whitecap Resources Inc. has announced a monthly cash dividend of Cdn. $0.0608 per share for April, payable on May 15, 2025, to shareholders of record as of April 30, 2025. Additionally, the company will release its first quarter 2025 results on April 23, 2025, followed by a conference call and webcast on April 24, 2025, to discuss the results, reflecting its commitment to shareholder engagement and transparency.