Income Statement Whitecap Resources Inc.

Equities

WCP

CA96467A2002

Oil & Gas Exploration and Production

Real-time Estimate TE Other stock markets 10:19:12 2025-12-05 EST			5-day change	1st Jan Change
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12-03	Tamarack Valley Up 5.4% as Unveils 2026 Corporate Guidance, Names New Director	MT
12-03	Tamarack Valley Unveils 2026 Corporate Budget, Names New Director	MT

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Published financial data: WHITECAP RESOURCES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	811M	2.28B	3.92B	3.23B	3.34B
Total Revenues	811M	2.28B	3.92B	3.23B	3.34B
Cost of Goods Sold, Total	382M	802M	1.19B	1.2B	1.26B
Gross Profit	428M	1.48B	2.72B	2.03B	2.07B
Selling General & Admin Expenses, Total	24.48M	41.02M	52.6M	57.1M	63.8M
Stock-Based Compensation (IS)	18.12M	19.25M	31.7M	39.9M	44.6M
Depreciation & Amortization - (IS)	358M	546M	806M	865M	975M
Impairment of Oil, Gas & Mineral Properties - (IS)	2.37B	-1.85B	-654M	6.6M	16.3M
Other Operating Expenses	-70.91M	319M	214M	-118M	53.6M
Other Operating Expenses, Total	2.7B	-922M	451M	851M	1.15B
Operating Income	-2.27B	2.4B	2.27B	1.18B	921M
Interest Expense, Total	-55.3M	-36.89M	-39.9M	-83.5M	-89.8M
Net Interest Expenses	-55.3M	-36.89M	-39.9M	-83.5M	-89.8M
EBT, Excl. Unusual Items	-2.33B	2.36B	2.23B	1.09B	831M
Merger & Related Restructuring Charges	-1.12M	-12.1M	-11.2M	-	-2.3M
Impairment of Goodwill	-123M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	2K	23.35M	2.3M	78M	246M
Other Unusual Items	34.05M	-	-	-	-
EBT, Incl. Unusual Items	-2.42B	2.37B	2.22B	1.17B	1.08B
Income Tax Expense	-573M	596M	548M	282M	263M
Earnings From Continuing Operations	-1.84B	1.78B	1.68B	889M	812M
Net Income to Company	-1.84B	1.78B	1.68B	889M	812M
Net Income - (IS)	-1.84B	1.78B	1.68B	889M	812M
Net Income to Common Incl Extra Items	-1.84B	1.78B	1.68B	889M	812M
Net Income to Common Excl. Extra Items	-1.84B	1.78B	1.68B	889M	812M
Per Share Items
Net EPS - Basic	-4.52	2.97	2.72	1.47	1.37
Basic EPS - Continuing Operations	-4.52	2.97	2.72	1.47	1.37
Basic Weighted Average Shares Outstanding	408M	599M	616M	605M	595M
Net EPS - Diluted	-4.52	2.95	2.7	1.46	1.36
Diluted EPS - Continuing Operations	-4.52	2.95	2.7	1.46	1.36
Diluted Weighted Average Shares Outstanding	408M	603M	621M	609M	598M
Normalized Basic EPS	-3.56	2.47	2.26	1.13	0.87
Normalized Diluted EPS	-3.56	2.45	2.25	1.12	0.87
Dividend Per Share	0.21	0.21	0.39	0.61	0.73
Payout Ratio	-4.73	7.1	14.15	41.93	53.34
Supplemental Items
EBITDA	455M	5.13B	2.46B	2.07B	1.94B
EBITA	-2.26B	2.42B	2.31B	1.21B	958M
EBIT	-2.27B	2.4B	2.27B	1.18B	921M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	923M	1.98B	3.74B	3.38B	3.32B
Effective Tax Rate - (Ratio)	23.7	25.1	24.66	24.06	24.46
Total Current Taxes	-	-	-	64.7M	255M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-573M	596M	548M	217M	7.8M
Normalized Net Income	-1.46B	1.48B	1.4B	683M	520M
Interest on Long-Term Debt	43.53M	43.69M	62.9M	88.6M	89.7M
Supplemental Operating Expense Items
General and Administrative Expenses	24.48M	41.02M	52.6M	57.1M	63.8M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	18.12M	26.45M	30.3M	39.9M	44.6M
Total Stock-Based Compensation	18.12M	26.45M	30.3M	39.9M	44.6M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	-	-	-	-	362M
Short Term Investments	30.24M	10.48M	22.7M	32.9M	22.4M
Trading Asset Securities, Total	-	-	13.8M	11.6M	1.4M
Total Cash And Short Term Investments	30.24M	10.48M	36.5M	44.5M	386M
Accounts Receivable, Total	116M	305M	480M	400M	422M
Total Receivables	116M	305M	480M	400M	422M
Other Current Assets, Total	4.42M	12.64M	456M	66.8M	76M
Total Current Assets	151M	328M	972M	512M	884M
Gross Property Plant And Equipment	8.93B	11.34B	13.11B	14.4B	15.34B
Accumulated Depreciation	-6.2B	-4.88B	-4.57B	-5.43B	-6.37B
Net Property Plant And Equipment	2.73B	6.47B	8.55B	8.96B	8.97B
Long-term Investments	-	5.02M	9.4M	1.5M	-
Goodwill	-	-	-	-	-
Deferred Tax Assets Long-Term	500M	73.82M	-	-	-
Other Long-Term Assets, Total	4.28M	5.39M	2.7M	125M	93.7M
Total Assets	3.38B	6.88B	9.53B	9.6B	9.95B
Liabilities
Accounts Payable, Total	122M	400M	549M	509M	767M
Accrued Expenses, Total	9.95M	25.35M	16.1M	10.1M	11.2M
Current Portion of Long-Term Debt	2.22M	1.21M	-	-	-
Current Portion of Leases	11.69M	3.5M	6.6M	7.8M	15.4M
Unearned Revenue Current, Total	-	2.31M	2.3M	2.3M	2.3M
Other Current Liabilities	19.46M	107M	180M	38.4M	40.4M
Total Current Liabilities	165M	540M	754M	568M	836M
Long-Term Debt	1.11B	1.06B	1.84B	1.36B	1.02B
Long-Term Leases	59.91M	26.17M	22.4M	18.8M	104M
Unearned Revenue Non Current	-	54.75M	52.4M	50.1M	72.8M
Deferred Tax Liability Non Current	-	-	798M	1.04B	1.04B
Other Non Current Liabilities	1.05B	1.46B	1.01B	1.1B	1.12B
Total Liabilities	2.38B	3.14B	4.48B	4.13B	4.2B
Common Stock, Total	3.87B	4.96B	4.87B	4.8B	4.72B
Additional Paid In Capital	13.02M	11.02M	12.2M	16.9M	20.6M
Retained Earnings	-2.88B	-1.23B	165M	655M	1.01B
Total Common Equity	997M	3.74B	5.05B	5.48B	5.75B
Total Equity	997M	3.74B	5.05B	5.48B	5.75B
Total Liabilities And Equity	3.38B	6.88B	9.53B	9.6B	9.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	597M	626M	606M	598M	588M
ECS Total Common Shares Outstanding	409M	616M	609M	598M	588M
Book Value / Share	2.44	6.07	8.3	9.16	9.78
Tangible Book Value	997M	3.74B	5.05B	5.48B	5.75B
Tangible Book Value Per Share	2.44	6.07	8.3	9.16	9.78
Total Debt	1.18B	1.09B	1.87B	1.38B	1.14B
Net Debt	1.15B	1.08B	1.84B	1.34B	757M
Debt Equivalent Oper. Leases	-	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	278	453	522	542	567

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.84B	1.78B	1.68B	889M	812M
Depreciation & Amortization - CF	358M	546M	806M	865M	975M
Amortization of Goodwill and Intangible Assets - (CF)	12.64M	24.29M	36.3M	33.6M	37.3M
Impairment of Oil, Gas & Mineral Properties - (CF)	2.37B	-1.85B	-654M	6.6M	16.3M
Depreciation & Amortization, Total	2.74B	-1.28B	189M	905M	1.03B
(Gain) Loss From Sale Of Asset	-2K	-23.35M	-2.3M	-78.8M	-246M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	123M	-	-	-	-
Stock-Based Compensation (CF)	7.55M	7.96M	11.1M	14.4M	16.6M
Other Operating Activities, Total	-594M	614M	449M	61.4M	20.9M
Change in Other Net Operating Assets	16.29M	25.29M	-140M	-48.9M	201M
Cash from Operations	450M	1.12B	2.18B	1.74B	1.83B
Capital Expenditure	-196M	-428M	-686M	-954M	-1.13B
Sale of Property, Plant, and Equipment	-	186M	23.4M	360M	509M
Cash Acquisitions	-22.38M	-217M	-1.88B	-164M	-5.6M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-42.76M	71.37M	45.6M	-7.6M	64.1M
Cash from Investing	-261M	-387M	-2.5B	-766M	-564M
Long-Term Debt Issued, Total	-	-	789M	-	-
Total Debt Issued	-	-	789M	-	-
Long-Term Debt Repaid, Total	-85.83M	-453M	-4.1M	-496M	-344M
Total Debt Repaid	-85.83M	-453M	-4.1M	-496M	-344M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-10.2M	-164M	-242M	-123M	-130M
Common Dividends Paid	-87.28M	-126M	-237M	-373M	-433M
Common & Preferred Stock Dividends Paid	-87.28M	-126M	-237M	-373M	-433M
Other Financing Activities, Total	-5.84M	7.2M	8.3M	14.1M	-700K
Cash from Financing	-189M	-737M	313M	-977M	-907M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-300K
Net Change in Cash	-	-	-	-	362M
Supplemental Items
Cash Interest Paid	43.35M	43.65M	61.6M	71.9M	71.2M
Cash Income Tax Paid (Refund)	-	-	-	-	126M
Levered Free Cash Flow	1.11B	-16.66M	523M	956M	692M
Unlevered Free Cash Flow	1.14B	6.39M	548M	1.01B	748M
Change In Net Working Capital	2.19M	-186M	406M	-281M	-230M
Net Debt Issued / Repaid	-85.83M	-453M	785M	-496M	-344M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-32.51	29.21	17.32	7.68	5.89
Return on Total Capital	-44.66	42.81	24.19	10.67	8.37
Return On Equity %	-94.01	75.02	38.14	16.89	14.47
Return on Common Equity	-94.01	75.02	38.14	16.89	14.47
Margin Analysis
Gross Profit Margin %	52.83	64.78	69.53	62.75	62.15
SG&A Margin	3.02	1.8	1.34	1.77	1.91
EBITDA Margin %	56.13	225.01	62.66	64.23	58.14
EBITA Margin %	-278.74	106.32	58.94	37.46	28.71
EBIT Margin %	-280.3	105.26	58.02	36.41	27.59
Income From Continuing Operations Margin %	-227.52	77.99	42.77	27.52	24.34
Net Income Margin %	-227.52	77.99	42.77	27.52	24.34
Net Avail. For Common Margin %	-227.52	77.99	42.77	27.52	24.34
Normalized Net Income Margin	-179.45	64.77	35.62	21.14	15.56
Levered Free Cash Flow Margin	136.54	-0.73	13.34	29.58	20.73
Unlevered Free Cash Flow Margin	140.8	0.28	13.97	31.2	22.41
Asset Turnover
Asset Turnover	0.19	0.44	0.48	0.34	0.34
Fixed Assets Turnover	0.21	0.5	0.52	0.37	0.37
Receivables Turnover (Average Receivables)	5.63	10.83	9.98	7.34	8.12
Short Term Liquidity
Current Ratio	0.91	0.61	1.29	0.9	1.06
Quick Ratio	0.88	0.58	0.69	0.78	0.97
Operating Cash Flow to Current Liabilities	2.72	2.08	2.89	3.07	2.19
Days Sales Outstanding (Average Receivables)	65.04	33.71	36.56	49.74	45.09
Average Days Payable Outstanding	146.31	118.87	145.12	160.5	184.85
Long Term Solvency
Total Debt/Equity	118.28	29.06	37.1	25.25	19.89
Total Debt / Total Capital	54.19	22.51	27.06	20.16	16.59
LT Debt/Equity	116.88	28.93	36.97	25.1	19.62
Long-Term Debt / Total Capital	53.55	22.42	26.97	20.04	16.37
Total Liabilities / Total Assets	70.52	45.63	47.01	42.96	42.24
EBIT / Interest Expense	-41.1	65.01	56.98	14.09	10.26
EBITDA / Interest Expense	8.49	139.16	61.7	24.93	21.71
(EBITDA - Capex) / Interest Expense	4.95	127.54	44.5	13.51	9.12
Total Debt / EBITDA	2.51	0.21	0.76	0.66	0.59
Net Debt / EBITDA	2.45	0.21	0.75	0.64	0.39
Total Debt / (EBITDA - Capex)	4.31	0.23	1.06	1.23	1.4
Net Debt / (EBITDA - Capex)	4.2	0.23	1.03	1.19	0.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-32.45	180.94	72.01	-17.57	3.34
Gross Profit, 1 Yr. Growth %	-45.85	242.79	84.6	-25.6	2.35
EBITDA, 1 Yr. Growth %	-27.46	1.01K	-52.1	-15.51	-6.46
EBITA, 1 Yr. Growth %	1.47K	-207.44	-4.64	-47.62	-20.79
EBIT, 1 Yr. Growth %	1.37K	-205.77	-5.19	-48.26	-21.7
Earnings From Cont. Operations, 1 Yr. Growth %	1.08K	-196.3	-5.66	-46.96	-8.63
Net Income, 1 Yr. Growth %	1.08K	-196.3	-5.66	-46.96	-8.63
Normalized Net Income, 1 Yr. Growth %	1.05K	-201.66	-5.4	-51.08	-23.93
Diluted EPS Before Extra, 1 Yr. Growth %	1.09K	-165.27	-8.47	-45.93	-6.85
Accounts Receivable, 1 Yr. Growth %	-32.67	162.87	57.55	-16.66	5.5
Net Property, Plant and Equip., 1 Yr. Growth %	-46.02	137.13	32.16	4.91	0.08
Total Assets, 1 Yr. Growth %	-36.9	103.41	38.55	0.76	3.62
Tangible Book Value, 1 Yr. Growth %	-64.46	275.09	35.04	8.46	4.94
Common Equity, 1 Yr. Growth %	-65.95	275.09	35.04	8.46	4.94
Cash From Operations, 1 Yr. Growth %	-30.24	149.66	94.23	-20.18	5.22
Capital Expenditures, 1 Yr. Growth %	-51.51	118.7	60.21	38.94	18.59
Levered Free Cash Flow, 1 Yr. Growth %	230.8	-101.5	-3.22K	82.34	-27.6
Unlevered Free Cash Flow, 1 Yr. Growth %	213.08	-99.44	8.57K	83.56	-25.78
Dividend Per Share, 1 Yr. Growth %	-36.38	-3.51	86.77	55.26	20.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-19.69	37.76	119.83	19.07	-7.71
Gross Profit, 2 Yr. CAGR %	-29.45	36.57	151.56	17.19	-12.74
EBITDA, 2 Yr. CAGR %	-27.95	185.82	130.78	-36.38	-11.1
EBITA, 2 Yr. CAGR %	265.01	310.23	1.22	-29.33	-35.59
EBIT, 2 Yr. CAGR %	284.28	294.45	0.14	-29.96	-36.35
Earnings From Cont. Operations, 2 Yr. CAGR %	432.24	237.61	-4.69	-29.26	-30.38
Net Income, 2 Yr. CAGR %	432.24	237.61	-4.69	-29.26	-30.38
Normalized Net Income, 2 Yr. CAGR %	379.6	241.8	-1.93	-31.97	-39
Diluted EPS Before Extra, 2 Yr. CAGR %	448.94	178.62	-22.71	-29.65	-29.03
Accounts Receivable, 2 Yr. CAGR %	-2.15	33.04	103.5	14.59	-6.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-27.58	13.14	77.03	17.74	2.47
Total Assets, 2 Yr. CAGR %	-24.67	13.3	67.88	18.15	2.18
Tangible Book Value, 2 Yr. CAGR %	-43.35	15.45	125.06	21.02	6.68
Common Equity, 2 Yr. CAGR %	-44.44	13.01	125.06	21.02	6.68
Cash From Operations, 2 Yr. CAGR %	-21.36	31.97	120.21	24.51	-8.36
Capital Expenditures, 2 Yr. CAGR %	-35.83	2.98	87.21	49.19	28.36
Levered Free Cash Flow, 2 Yr. CAGR %	112.76	-77.69	-31.41	655.32	14.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	102.83	-86.76	-30.86	1.16K	16.72
Dividend Per Share, 2 Yr. CAGR %	-17.95	-21.65	34.24	71.34	36.78
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.18	21.91	48.34	58.52	13.58
Gross Profit, 3 Yr. CAGR %	-10.62	19.68	51	67.6	12.02
EBITDA, 3 Yr. CAGR %	-9.24	80.14	57.58	65.09	-27.66
EBITA, 3 Yr. CAGR %	161.35	142.6	152.23	-18.74	-26.59
EBIT, 3 Yr. CAGR %	152.64	149.75	145.25	-19.65	-27.31
Earnings From Cont. Operations, 3 Yr. CAGR %	145.98	201.03	120.72	-21.6	-22.96
Net Income, 3 Yr. CAGR %	145.98	201.03	120.72	-21.6	-22.96
Normalized Net Income, 3 Yr. CAGR %	138.98	185.72	122.75	-22.22	-29.39
Diluted EPS Before Extra, 3 Yr. CAGR %	138.45	169.93	92.25	-31.39	-22.75
Accounts Receivable, 3 Yr. CAGR %	-6	36.02	40.75	51.12	11.47
Net Property, Plant and Equip., 3 Yr. CAGR %	-20.1	7.54	19.15	48.69	11.54
Total Assets, 3 Yr. CAGR %	-17.22	4.9	21.16	41.61	13.1
Tangible Book Value, 3 Yr. CAGR %	-32.28	6.37	21.64	76.45	15.4
Common Equity, 3 Yr. CAGR %	-33.12	5.01	19.92	76.45	15.4
Cash From Operations, 3 Yr. CAGR %	-2.73	15.58	50.12	57.01	17.72
Capital Expenditures, 3 Yr. CAGR %	-46.88	-3.43	19.33	69.49	38.2
Levered Free Cash Flow, 3 Yr. CAGR %	15.87	-59.16	16.01	-4.9	245.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.1	-71.55	14.51	-4.18	391.13
Dividend Per Share, 3 Yr. CAGR %	-8.69	-13.4	4.66	41.49	52.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.49	33.14	35.23	20.77	22.69
Gross Profit, 5 Yr. CAGR %	3.01	31.91	35.34	18.68	21.26
EBITDA, 5 Yr. CAGR %	11.25	73.88	32.17	18.8	25.33
EBITA, 5 Yr. CAGR %	38.89	52.17	78.74	48.13	46.11
EBIT, 5 Yr. CAGR %	38.53	53.37	74.39	50.19	42.98
Earnings From Cont. Operations, 5 Yr. CAGR %	29.8	59.75	68.34	68.67	39.12
Net Income, 5 Yr. CAGR %	29.8	59.75	68.34	68.67	39.12
Normalized Net Income, 5 Yr. CAGR %	36.69	56.28	67.27	60.93	32.69
Diluted EPS Before Extra, 5 Yr. CAGR %	20.71	42.62	51.94	57.63	29.05
Accounts Receivable, 5 Yr. CAGR %	8.59	24.44	28.03	27	19.64
Net Property, Plant and Equip., 5 Yr. CAGR %	-6.84	6.53	9.84	11.51	12.17
Total Assets, 5 Yr. CAGR %	-4.17	6.02	9.84	10.01	13.18
Tangible Book Value, 5 Yr. CAGR %	-16	4.44	9.48	12.01	15.42
Common Equity, 5 Yr. CAGR %	-16.84	3.61	8.66	11.14	14.44
Cash From Operations, 5 Yr. CAGR %	-2.26	25.21	34.88	19.07	23.22
Capital Expenditures, 5 Yr. CAGR %	-16.24	-11.46	-12.08	14.93	22.87
Levered Free Cash Flow, 5 Yr. CAGR %	76.37	-48.65	-5.99	31.33	15.63
Unlevered Free Cash Flow, 5 Yr. CAGR %	65.71	-57.27	-4.61	29.42	15.45
Dividend Per Share, 5 Yr. CAGR %	-22.2	-9.89	6.53	13.78	16.77