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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 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 | EBIT |
| 1.00B | 937.30M | 1.02B | 1.79B | 840.86M | 18.85M | EBITDA |
| 2.29B | 2.18B | 2.16B | 3.13B | 2.99B | -2.00B | Net Income Common Stockholders |
| 915.10M | 812.30M | 889.00M | 1.68B | 1.78B | -1.84B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 0.00 | 362.30M | 32.90M | -29.00M | -29.67M | -71.59M | Total Assets |
| 9.79B | 9.95B | 9.60B | 9.53B | 6.88B | 3.38B | Total Debt |
| 942.50M | 1.14B | 1.38B | 1.87B | 1.09B | 1.17B | Net Debt |
| 942.50M | 780.80M | 1.38B | 1.90B | 1.11B | 1.24B | 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | $10.74B | 5.66 | 16.40% | 8.25% | 5.56% | 35.85% | |
57 Neutral | $7.06B | 3.04 | -3.49% | 5.80% | 0.53% | -50.39% | |
| $4.58B | 10.65 | 13.64% | 1.21% | ― | ― | ||
| $3.97B | 24.68 | 8.39% | 4.32% | ― | ― | ||
| $2.05B | 7.62 | 16.78% | ― | ― | ― | ||
77 Outperform | C$6.16B | 8.69 | 12.43% | 2.64% | 796.07% | -35.52% | |
73 Outperform | C$3.75B | 12.59 | 11.17% | 7.02% | 2.80% | -7.94% |
Whitecap Resources Earnings Call Summary
Whitecap Resources Corporate Events
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.
Whitecap Resources Inc. has announced a monthly cash dividend of Cdn. $0.0608 per share for March 2025, payable on April 15, 2025. This move underscores the company’s commitment to providing sustainable dividends to its shareholders, reflecting its stable financial position and strategic focus on growth and shareholder returns.
Whitecap Resources Inc. and Veren Inc. have announced a strategic merger valued at $15 billion, creating a leading Canadian light oil and condensate producer. This merger positions the combined entity as the largest landholder in the Alberta Montney and Duvernay regions, with significant production capabilities and a strong focus on sustainable growth. The transaction is expected to enhance profitability and shareholder returns, while also reinforcing the company’s financial strength and competitive advantage in the evolving energy market.