Edition:
United States

Whitecap Resources Inc (WCP.TO)

WCP.TO on Toronto Stock Exchange

4.92CAD
4:27pm EDT
Change (% chg)

$-0.20 (-3.91%)
Prev Close
$5.12
Open
$5.07
Day's High
$5.07
Day's Low
$4.86
Volume
1,848,284
Avg. Vol
2,481,874
52-wk High
$10.35
52-wk Low
$3.80

Latest Key Developments (Source: Significant Developments)

Whitecap Resources Quarterly Loss Per Share $0.02
Thursday, 28 Feb 2019 07:00am EST 

Feb 28 (Reuters) - Whitecap Resources Inc ::WHITECAP RESOURCES INC. ANNOUNCES FOURTH QUARTER, YEAR END 2018 RESULTS AND 2018 RESERVES EVALUATION.WHITECAP RESOURCES INC QUARTERLY LOSS PER SHARE $0.02.WHITECAP RESOURCES INC QUARTERLY FUNDS FLOW PER SHARE $0.33.WHITECAP RESOURCES INC QUARTERLY PETROLEUM AND NATURAL GAS REVENUES $272.4 MILLION VERSUS $291.4 MILLION.  Full Article

Whitecap Resources Inc Announces Record Levels Of Production
Wednesday, 1 Aug 2018 07:00am EDT 

Aug 1 (Reuters) - Whitecap Resources Inc ::WHITECAP RESOURCES INC. ANNOUNCES RECORD LEVELS OF PRODUCTION, INCREASED 2018 PRODUCTION GUIDANCE AND SECOND QUARTER 2018 RESULTS.WHITECAP RESOURCES INC - QTRLY AVERAGE PRODUCTION OF 75,813 BOE/D COMPARED TO 56,266 BOE/D IN Q217.WHITECAP RESOURCES INC - INCREASING ANNUAL PRODUCTION GUIDANCE FOR 2018 TO 74,000 -75,000 BOE/D.WHITECAP RESOURCES - OVER NEXT 3 YEARS, WILL CONTINUE TO TARGET ORGANIC PRODUCTION PER SHARE GROWTH OF 6-8% PER YEAR.WHITECAP RESOURCES INC - QTRLY FUNDS FLOW DILUTED PER SHARE $0.47.  Full Article

Whitecap Resources Inc. Receives TSX Approval For Renewed Normal Course Issuer Bid
Wednesday, 16 May 2018 07:00am EDT 

May 16 (Reuters) - Whitecap Resources Inc ::WHITECAP RESOURCES INC. RECEIVES TSX APPROVAL FOR RENEWED NORMAL COURSE ISSUER BID AND CONFIRMS MONTHLY DIVIDEND FOR MAY OF $0.0257 PER SHARE.WHITECAP RESOURCES INC - NCIB ALLOWS WHITECAP TO PURCHASE UP TO 20.9 MILLION COMMON SHARES OVER A PERIOD OF TWELVE MONTHS COMMENCING ON MAY 18, 2018.  Full Article

Whitecap Resources announces acquisition of world class enhanced oil recovery project
Monday, 13 Nov 2017 04:32pm EST 

Nov 13 (Reuters) - Whitecap Resources Inc :Whitecap Resources Inc. announces acquisition of world class enhanced oil recovery project, $425 million financing, dividend increase of 5% and significantly enhanced free funds flow.Whitecap Resources - Entered into an agreement to purchase light oil assets in southeast saskatchewan for cash consideration of $940 million​.Whitecap Resources - Deal to be funded with a $92.5 million non-brokered private placement, $332.5 million bought deal equity financing​.Whitecap Resources-Deal includes 62.1% operated working interest in weyburn unit, 200 boe/d of production from minor assets in Southeast Saskatchewan​.Whitecap Inc - ‍In 2018, pro forma acquisition, co is set to deliver 14 - 16% production per share growth and 25% funds flow per share growth​.Whitecap Resources Inc - ‍Whitecap's credit facilities are anticipated to increase to $1.7 billion upon closing of acquisition​.Whitecap Resources -‍ Board approved additional 5% increase to monthly dividend to $0.0257 per share effective for January 2018 dividend​.Whitecap Resources Inc sees ‍2018 FFO per share post-deal $1.66​.Whitecap Resources Inc - Sees ‍2018 post-acquisition average production 73,600 boe/d - 74,800 boe/d ​.Whitecap Resources says ‍non-brokered private placement of 10.5 million subscription receipts at $8.80/subscription receipt for gross proceeds of $92.5 million.  Full Article

Whitecap Resources reports Q3 shr $0.01
Wednesday, 1 Nov 2017 04:00pm EDT 

Nov 1 (Reuters) - Whitecap Resources Inc :Whitecap resources inc. Announces third quarter 2017 results, 2018 per share growth and 5% dividend increase within funds flow.Whitecap resources inc qtrly ‍ petroleum and natural gas sales $232.9 million versus $178.5 million​.Whitecap resources inc - qtrly ‍shr $0.01​.Whitecap resources inc - ‍average production for quarter increased by 18% (17% per share) to 57,898 boe/d (82% oil and ngls)​.Whitecap resources inc - ‍ now forecasting a 2017 total payout ratio of 89% and $52 million of free funds flow​.Whitecap resources-recently identified in elnora nisku oil pool that natural aquifer is not fully supporting northeastern portion of pool as estimated​.Whitecap resources - board of directors has approved 2018 base capital budget of $370 million to $390 million which includes drilling of 240 (210.4 net) wells​‍.Whitecap resources - ‍ proactively limited production rate from elnora nisku oil pool with increasing and readjusting our water injection volumes​.  Full Article