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Whitecap Resources (TSE:WCP)
TSX:WCP
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
0.41Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 2.12%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong first quarter performance with production and financial metrics exceeding expectations, strategic progress with the Barron combination, and effective cost management. Challenges were minimal and did not significantly impact overall operations.Company Guidance
The guidance provided in the Whitecap Resources Q1 2025 results conference call highlighted several key metrics and strategic priorities. First quarter production reached 179,051 boe per day, surpassing the interim forecast by over 6,000 boe per day, driven by strong performance from the Montney, Duvernay, and Glauconite assets. The company reported funds flow of $446 million or $0.75 per share, with operating and transportation costs at $15.92 per boe. Net debt remained below $1 billion, representing a debt-to-annualized funds flow ratio of 0.6x. The pending combination with Barron, expected to close on May 12, is projected to result in a combined net debt of $3.5 billion by year-end, with a debt-to-annualized funds flow ratio of 1x. Whitecap emphasized its focus on maintaining balance sheet strength, capital discipline, and providing strong returns to shareholders, with a breakeven point for sustaining dividends and maintenance capital at $55 WTI and $2 AECO. The company also highlighted its strategic flexibility to adjust capital programs and cost structures in response to commodity price fluctuations, projecting a full funding position at $47 WTI and $3 AECO through identified synergies and cost deflation measures.Exceeding Production Forecast
First quarter production reached 179,051 boe per day, surpassing the interim forecast by over 6,000 boe per day, driven by strong performance in Montney, Duvernay, and Glauconite assets.
Successful Drilling Program
Whitecap executed a 14-rig, 86-well first quarter drilling program with strong results, particularly in unconventional assets such as Montney and Duvernay.
Strong Financial Position
The company's balance sheet is robust with net debt below $1 billion, representing a debt-to-annualized funds flow ratio of only 0.6x, and is projected to maintain strength post-Barron combination.
Barron Combination Progress
Whitecap received Competition Bureau approval for the Barron combination, with the transaction expected to close on May 12, enhancing its position as a leading producer.
Cost Management and Capital Efficiency
First quarter operating and transportation costs were reduced by 2.5%, and the company maintained a focus on driving down controllable costs and increasing capital efficiencies.
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TSE:WCP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:WCP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | C$8.02 | C$8.19 | +2.12% |
| Feb 19, 2025 | C$9.78 | C$9.92 | +1.51% |
| Oct 23, 2024 | C$10.11 | C$10.04 | -0.76% |
| Jul 24, 2024 | C$9.41 | C$9.76 | +3.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Whitecap Resources (TSE:WCP) report earnings?
Whitecap Resources (TSE:WCP) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Whitecap Resources (TSE:WCP) earnings time?
Whitecap Resources (TSE:WCP) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:WCP EPS forecast?
TSE:WCP EPS forecast for the fiscal quarter 2025 (Q2) is 0.3.
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