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Last C$11.35 CAD
Change Today +0.69 / 6.47%
Volume 5.8M
WCP On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 4:15 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

whitecap resources inc (WCP) Snapshot

Open
C$10.57
Previous Close
C$10.66
Day High
C$11.35
Day Low
C$10.34
52 Week High
09/3/14 - C$18.48
52 Week Low
08/24/15 - C$8.93
Market Cap
3.4B
Average Volume 10 Days
3.8M
EPS TTM
C$1.08
Shares Outstanding
298.6M
EX-Date
08/27/15
P/E TM
10.5x
Dividend
C$0.75
Dividend Yield
6.61%
Current Stock Chart for WHITECAP RESOURCES INC (WCP)

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whitecap resources inc (WCP) Details

Whitecap Resources Inc. engages in the acquisition, development, optimization, and production of crude oil and natural gas in western Canada. The company’s principal oil and natural gas properties comprise the Valhalla North property located in the Peace River Arch area of Alberta; Deep Basin properties consist of Karr, Simonette, Kakwa, and Elmworth that are located southwest of Grande Prairie, Alberta; and the Boundary Lake property located primarily in northeast British Columbia. Its principal oil and natural gas properties also include Cardium producing properties located in the Pembina, Garrington, Ferrier, and Willesden Green areas of West Central Alberta; Elnora producing property located southeast of Red Deer, Alberta; and Lucky Hills, Whiteside, and Eagle Lake properties, which are located in West Central Saskatchewan. The company has proved plus probable reserves of 219.3 million barrels of oil equivalent (MMboe); and proved reserves of 155.0 MMboe. As of December 31, 2014, it had 2,682.6 net wells. Whitecap Resources Inc. is headquartered in Calgary, Canada.

99 Employees
Last Reported Date: 03/17/15

whitecap resources inc (WCP) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$330.0K
Chief Financial Officer
Total Annual Compensation: C$275.0K
Vice President of Production & Operations
Total Annual Compensation: C$250.0K
Vice President of Business Development
Total Annual Compensation: C$250.0K
Vice President of Engineering
Total Annual Compensation: C$250.0K
Compensation as of Fiscal Year 2014.

whitecap resources inc (WCP) Key Developments

Whitecap Resources Inc. Declares Monthly Dividend, Payable on September 15, 2015

Whitecap Resources Inc. announced that a cash dividend of CAD 0.0625 per common share in respect of August operations will be paid on September 15, 2015 to shareholders of record on August 31, 2015.

Whitecap Resources Seeks Assets Of Teine Energy

Whitecap Resources Inc. (TSX:WCP) is considering the purchase of assets in Teine Energy Ltd.'s portfolio earlier this year, but balked at an outright takeover. Chief Executive Officer, Grant Fagerheim said, "We did not bid on the Teine assets when they were up for sale. They didn't fit from our technical perspective, they didn't fit the asset profile that we like."

Whitecap Resources Inc. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Spending Guidance for the Second Half of 2015; Provides Production Guidance for the Second Half and Full Year 2015 and for the Year of 2016

Whitecap Resources Inc. reported earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $186.18 million against $215.85 million a year ago. Capital expenditures were $638.97 million against $843.13 million a year ago. Cash flow was $144.40 million or $0.51 per share against $116.36 million or $0.50 per share a year ago. Loss was $8.58 million or $0.03 per basic and diluted share against profit of $195.05 million or $0.84 per diluted share a year ago. Funds from operations was $144.703 million or $0.50 per diluted share against $117.429 million or $0.51 per basic and diluted share a year ago. For the six months, the company reported revenue of $318.82 million against $393.97 million a year ago. Capital expenditures were $773.41 million against $1,380.68 million a year ago. Cash flow was $254.33 million or $0.90 per share against $217.07 million or $1.00 per share a year ago. Loss was $37.9 million or $0.13 per basic and diluted share against profit of $199.59 million or $0.92 per diluted share a year ago. Funds from operations was $254.636 million or $0.89 per diluted share against $218.336 million or $1.01 per basic and diluted share a year ago. Net debt as at June 30, 2015 was $774.825 million. For the quarter, the company reported oil and NGLs production of 31,281 BBL per day against 21,844 BBL per day a year ago. Total production was 41,521 BOE per day against 30,575 BOE per day a year ago. For the six months, the company reported oil and NGLs production of 29,804 BBL per day against 20,358 BBL per day a year ago. Total production was 39,945 BOE per day against 28,552 BOE per day a year ago. For the second half of 2015, the company expects spending of $115 million, with a focus on drilling Viking horizontal oil wells. For the second half of 2015, the company anticipates producing the reservoir between 4,500 boe and 5,500 boe per day. For the year of 2016, the company average production target is 5,100 boe per day with only $6 million of capital expenditures expected. For the full year 2015, the company is increasing its full-year production guidance to 40,100 boe per day from the previous 39,700 boe per day with no increase to full year capital budget of $235 million.

 

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WCP

Industry Average

Valuation WCP Industry Range
Price/Earnings 12.5x
Price/Sales 4.5x
Price/Book 1.0x
Price/Cash Flow 5.7x
TEV/Sales 3.5x
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