CALGARY, AB, Sept. 14, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of September operations will be paid on October 16, 2023 to shareholders of record on September 30, 2023.  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, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce a 26% increase to our monthly dividend as we expect to reach our $1.3 billion net debt1 milestone on or before September 30, 2023. We are also pleased to advise that we have signed a CO2 supply contract extension for volumes delivered to the Weyburn Unit CO2 enhanced oil recovery project (“Weyburn Project”) and have released our 2023 Environmental, Social and Governance (“ESG”) Report.

DIVIDEND INCREASE

Upon closing of the XTO acquisition on August 31, 2022, we … Continue Reading

CALGARY, AB, Aug. 15, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of August operations will be paid on September 15, 2023 to shareholders of record on August 31, 2023.  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 26, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2023.

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, 2023 which are available at www.sedar.com and on our website at www.wcap.ca.

Financial ($ millions except for share amounts

and percentages)

Three months ended June 30

Six … Continue Reading

CALGARY, AB, July 13, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of July operations will be paid on August 15, 2023 to shareholders of record on July 31, 2023. 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 second quarter 2023 results after market close on Wednesday, July 26, 2023 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT… Continue Reading

CALGARY, AB, June 15, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of June operations will be paid on July 17, 2023 to shareholders of record on June 30, 2023. 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, May 23, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap“) (TSX: WCP) announces that it has received a letter (the “Proposal Letter“) from the Canada Revenue Agency (the “CRA“) advising that, subject to submissions by Whitecap, the CRA is proposing to reassess a former subsidiary of Whitecap to deny non-capital loss deductions relevant to the calculation of income taxes for the years 2018 and 2019.

In 2014, Whitecap acquired a private entity that held an interest in certain oil and natural gas assets and which had accrued non-capital losses in its business. The proposed reassessment seeks to disallow … Continue Reading

CALGARY, AB, May 17, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) advises that wildfires in Alberta have continued to impact operations in northern Alberta and in northeast British Columbia. The safety and health of our employees and contractors continues to be our top priority and there has been no significant damage to Whitecap’s infrastructure or safety incidents at this time.

Whitecap along with our employees will be financially supporting the Canadian Red Cross to assist with their work helping families impacted by the wildfires. We expect to direct additional resources towards impacted communities … Continue Reading

CALGARY, AB, May 17, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) is pleased to announce that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 263,085,415 common shares representing 43.63% 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 ten. The results of the ballot were as follows:

Votes For (Percentage)
257,978,197 (99.68%)

At the meeting, all of the nominees … Continue Reading

CALGARY, AB, May 8, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) advises that the Alberta wildfires have impacted its operations in northern Alberta and in northeast British Columbia. The safety and health of our employees and consultants is our top priority and all of our impacted personnel have been safely evacuated. There are no significant damages to Whitecap’s infrastructure at this time, however, production has been impacted by downstream third-party interruptions and proactive shut-in of production in close proximity to the wildfires.

We are still assessing the impact to our second quarter production … Continue Reading

CALGARY, AB, April 26, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2023.

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, 2023 which are available at www.sedar.com and on our website at www.wcap.ca.

Financial ($ millions except for share amounts

and percentages)

Three months ended March 31

2023

2022

Petroleum and natural … Continue Reading

CALGARY, AB, April 13, 2023 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of April operations will be paid on May 15, 2023 to shareholders of record on April 30, 2023. 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 first quarter 2023 results after market close on Wednesday, April 26, 2023 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT… Continue Reading