Whitecap Resources Inc
3800, 525 - 8th Avenue SW, Calgary, Alberta, Canada | Oil & Gas
Whitecap Resources Inc. is an oil-weighted growth company that pays a sustainable monthly cash dividend to its shareholders. We are focused on profitable per share growth on our existing assets enhanced by opportunistic and accretive oil-based acquisitions. Whitecap's common shares are traded on the Toronto Stock Exchange under the symbol WCP.
Whitecap Resources Inc. is an oil-weighted growth company that pays a sustainable monthly cash dividend to its shareholders. We are focused on profitable per share growth on our existing assets enhanced by opportunistic and accretive oil-based acquisitions. Whitecap's common shares are traded on the Toronto Stock Exchange under the symbol WCP.
Key Attributes to Whitecap Growth + Dividend Strategy
- Focus on organic per share growth (3 - 8% per year) within funds flow, supplement with value adding acquisitions
- Total payout ratio including capital plus dividend < 100%
- Maintain flat debt levels in low pricing environment
- Provide sustainable dividend, NO DRIP
- Maintain predictable and low decline production base
- Strong capital efficiencies in concentrated areas
- Large development drilling inventory of high netback light oil
- Management focus on total shareholder return
| Company Details | |
|---|---|
| Company Name | Whitecap Resources Inc |
| Business Category | Oil & Gas |
| Address | 3800, 525 - 8th Avenue SW Calgary Alberta Canada ZIP: T2P 1G1 |
| President | Grant B. Fagerheim - President & Chief Executive Officer |
| Year Established | 2009 |
| Employees | 200 |
| Memberships | NA |
| Hours of Operation | NA |
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