CALGARY, AB, Oct. 14, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of October operations will be paid on November 15, 2022 to shareholders of record on October 31, 2022. 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 third quarter 2022 results before market open on Thursday, October 27, 2022 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT… Continue Reading

CALGARY, AB, Sept. 27, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce its 2023 capital investment budget of $900 – $950 million and average production guidance of 170,000 – 172,000 boe/d1 (64% liquids), resulting in significant free funds flow for elevated shareholder returns in 2023.

We plan to drill 253 (214.2 net) wells across our three business units (Central Alberta, Northern Alberta & B.C., and Saskatchewan), which is expected to drive annual production per share growth of 21%. The Northern Alberta & B.C. business unit will be the … Continue Reading

CALGARY, AB, Sept. 15, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of September operations will be paid on October 17, 2022 to shareholders of record on September 30, 2022.  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, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce that it has successfully closed the previously announced acquisition of XTO Energy Canada (the “Acquisition”).

The closing of the Acquisition adds production1 of approximately 32,000 boe/d (30% condensate and NGLs) and over 2,000 top tier Montney and Duvernay drilling locations2 that will provide decades of long-term sustainable production and free funds flow growth. The Acquisition also includes 100% ownership of the 15-07 gas processing facility which is a shallow cut facility with 165 mmcf/d of total capacity. The facility … Continue Reading

CALGARY, AB, Aug. 15, 2022 /CNW/ –  Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of August operations will be paid on September 15, 2022 to shareholders of record on August 31, 2022.  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 28, 2022 /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, 2022.

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, 2022 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 14, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of July operations will be paid on August 15, 2022 to shareholders of record on July 31, 2022.  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 2022 results before market open on Thursday, July 28, 2022 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT… Continue Reading

CALGARY, AB, June 28, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce it has entered into a purchase and sale agreement to acquire XTO Energy Canada for total cash consideration of approximately $1.9 billion and the assumption of estimated positive working capital on closing for a net purchase price of $1.7 billion (the “Acquisition”). The Acquisition is expected to close before the end of the third quarter, subject to customary closing conditions, including the receipt of necessary regulatory approvals.

The acquired assets are currently producing approximately 32,000 boe/d1 (30% condensate and … Continue Reading

CALGARY, AB, June 15, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.03 per common share in respect of June operations will be paid on July 15, 2022 to shareholders of record on June 30, 2022. 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 18, 2022 /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 235,006,578 common shares representing 37.52% 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)

218,813,900 (94.66%)

 

At the meeting, all of … Continue Reading

CALGARY, AB, May 16, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap“) (TSX: WCP) announces that the Toronto Stock Exchange (the “TSX“) has accepted Whitecap’s notice of intention to commence a normal course issuer bid (the “NCIB“). As at May 13, 2022, Whitecap had previously purchased an aggregate of 33,326,223 common shares on the open market at a volume weighted average price per share of $7.93 under a normal course issuer bid that runs from May 21, 2021 to May 20, 2022, and pursuant to which Whitecap was permitted to repurchase up to 58,947,076 common shares.

The NCIB … Continue Reading

 CALGARY, AB, April 28, 2022 /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, 2022.

Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim financial statements and related management’s discussion and analysis for the three months ended March 31, 2022 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)

2022

2021

Petroleum and natural … Continue Reading