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Whitecap Resources Inc (WCP.TO)

WCP.TO on Toronto Stock Exchange

4.73CAD
22 Mar 2019
Change (% chg)

$-0.10 (-2.07%)
Prev Close
$4.83
Open
$4.79
Day's High
$4.80
Day's Low
$4.69
Volume
2,834,277
Avg. Vol
2,320,743
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 

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 

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 

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 

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 

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

CANADA STOCKS - TSX rises 0.43 percent, notches tenth weekly gain

NEW YORK, March 1 * The Toronto Stock Exchange's S&P/TSX rose 69.24 points, or 0.43 percent, to 16,068.25 to finish off the week up 0.35 percent, its tenth straight weekly gain. * Leading the index were Martinrea International Inc, up 12.6 percent, Parkland Fuel Corp, up 8.8 percent, in the wake of their quarterly results and Gran Tierra Energy Inc, higher by 4.4 percent. * Lagging shares were Kinaxis Inc, down 7.7 percent, First Majestic Silver Corp, down 4.9 percent, and Whitecap