CALGARY, AB, Sept. 15, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of September operations will be paid on October 15, 2020 to shareholders of record on September 30, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Whitecap
Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Our business is focused on profitable production growth combined with sustainable dividends to shareholders. Our objective is to … Continue Reading

CALGARY, AB, Aug. 31, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce that it has entered into an agreement in an all-stock transaction valued at approximately $155 million (the “Transaction”) with NAL Resources Limited (“NAL”) and a privately held wholly owned subsidiary of Manulife Financial Corporation (“Manulife”). NAL has oil and gas operations in Alberta and Saskatchewan and is currently producing approximately 27,000 boe/d (55% oil and NGLs). Whitecap will issue Manulife 58.3 million Whitecap common shares in exchange for all the issued and outstanding NAL shares. On the expected closing … Continue Reading

CALGARY, AB, Aug. 13, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of August operations will be paid on September 15, 2020 to shareholders of record on August 31, 2020.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Whitecap
Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is focused on profitable production growth combined with sustainable dividends to shareholders. Our objective is to … Continue Reading

CALGARY, AB, July 30, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited consolidated financial results for the three and six months ended June 30, 2020.

Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and related Management’s Discussion and Analysis for the three and six months ended June 30, 2020 which are available at www.sedar.com and on our website at www.wcap.ca.

FINANCIAL AND OPERATING HIGHLIGHTS

Three months ended June 30

Six months ended June 30… Continue Reading

CALGARY, AB, July 15, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of July operations will be paid on August 17, 2020 to shareholders of record on July 31, 2020.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

In addition, Whitecap announces that it intends to release its 2020 second quarter results before market open on Thursday, July 30, 2020 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT… Continue Reading

CALGARY, AB, June 15, 2020 /CNW/ – Whitecap Resources Inc. (TSX: WCP) released its 2020 Environmental, Social and Governance (ESG) Report on our website today, demonstrating our commitment to sustainable growth and industry leadership. We are the proud operator and majority owner of the Weyburn unit in southeast Saskatchewan where in 2019 we safely and responsibly injected 2.0 million tonnes of CO2 underground compared to our total direct and indirect CO2 emission of 1.4 million tonnes. In addition, we have also established a target to reduce our direct emissions intensity 20% by 2023 from 2019 levels. We chose 2019 … Continue Reading

CALGARY, May 14, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap“) (TSX: WCP) announces that the Toronto Stock Exchange (the “TSX“) has accepted the notice of Whitecap’s intention to commence a normal course issuer bid (the “NCIB“). Whitecap previously purchased an aggregate of 6,255,100 common shares at a weighted average price per share of $4.40 under a normal course issuer bid that runs between May 21, 2019 to May 20, 2020.

The NCIB allows Whitecap to purchase up to 20,406,799 common shares (representing 5% of its 408,135,989 outstanding common shares as of May 8, 2020) over a period … Continue Reading

CALGARY, April 30, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited consolidated financial results for the three months ended March 31, 2020.

Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and related Management’s Discussion and Analysis for the three months ended March 31, 2020 which are available at www.sedar.com and on our website at www.wcap.ca.

FINANCIAL AND OPERATING HIGHLIGHTS

Three months ended March 31

Financial ($000s except per share amounts)

2020

2019

Petroleum and … Continue Reading

CALGARY, April 22, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) is pleased to announce that all matters presented for approval at the annual and special meeting of shareholders held today have been fully authorized and approved. A total of 177,722,349 common shares representing 43.56% of Whitecap’s issued and outstanding common shares were voted in connection with the meeting.

At the meeting, by ordinary resolution, the number of directors to be elected at the meeting was fixed at nine. The results of the ballot were as follows:

Votes For (Percentage)

175,822,013 (99.60%)

At the meeting, all of the … Continue Reading

CALGARY, April 15, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) announces that it intends to release its 2020 first quarter results before market open on Thursday, April 30, 2020 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT (11:00 am ET) on Thursday, April 30, 2020.

The conference call dial-in number is:  1-888-390-0605 or (587) 880-2175 or (416) 764-8609

A live audio webcast of the conference call will be accessible on Whitecap’s website at www.wcap.ca by selecting “Investors”, then “Presentations & Events”.  Shortly after the live webcast, an … Continue Reading

CALGARY, April 9, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) announces that its annual and special meeting of holders of common shares scheduled for Wednesday, April 22, 2020 at 9:00 a.m. (Calgary time) at the Calgary Petroleum Club will be changed to a virtual meeting to be held at the same time and on the same date.

As the City of Calgary and the Province of Alberta have declared a state of public health emergency, and to support efforts to combat the spread of COVID-19, Whitecap has made the decision to change its in person annual … Continue Reading

CALGARY, March 17, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) is employing proactive measures in response to current market conditions and the sharp decline in global commodity prices. Whitecap has persevered through previous commodity price cycles and will continue to focus on a strategy that protects the business, our balance sheet and liquidity and to provide returns to our shareholders.

The current crude oil price weakness has significantly reduced the expected returns from our 2020 capital program and, therefore, we have immediately reduced our capital spending in order to protect shareholder value. We are electing to … Continue Reading