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Whitecap Resources Inc (Whitecap Resources) operates as an oil and gas company. It carries out the business of acquisition, development, optimization and production of crude oil and natural gas properties. The company operates properties in the western and the eastern region. Whitecap Resources operates in Smoky River region, Peace River region that includes Wapiti, Karr, Simonette, Kakwa and Elmworth located in Grande Prairie, Alberta and Boundary Lake property located primarily in northeast British Columbia. It also operates assets such as SWAB AND WCAB that include Cardium and liquids-rich Mannville assets, which are primarily focused in Kaybob, Pembina, Ferrier and Garrington. Whitecap Resources is headquartered in Calgary, Alberta, Canada.
Products and Services
| Products | Services |
|---|---|
| Natural gas | Exploration Services |
| Oil |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In May, the company merged with Veren Inc. |
| 2025 | Stake Sale | In January, the company sold its 50% stake in the Kaybob complex natural gas processing facility to Pembina Gas Infrastructure Inc. |
| 2024 | Contracts/Agreements | In December, the company and CARBONCO Pte. Ltd. collaborated with Genesis Fertilizers Limited Partnership to develop a carbon capture and sequestration solution at its proposed facility in Belle Plaine, Saskatchewan, Canada. |
Competitor Comparison
| Key Parameters | Whitecap Resources Inc | Canadian Natural Resources Ltd | Ovintiv Inc | ARC Resources Ltd | Sinopec Daylight Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | United States of America | Canada | Canada |
| City | Calgary | Calgary | Denver | Calgary | Calgary |
| State/Province | Alberta | Alberta | Colorado | Alberta | Alberta |
| No. of Employees | 1,045 | 10,640 | 1,623 | 672 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kenneth S. Stickland | Chairman | Executive Board | 2013 | - |
| Grant B. Fagerheim | Director; Chief Executive Officer; President | Executive Board | 2009 | - |
| Joel M. Armstrong | Senior Vice President - Production and Operations | Senior Management | 2010 | - |
| Thanh C. Kang | Senior Vice President - Senior Management | Senior Management | 2009 | - |
| P. Gary Lebsack | Vice President - COMMERCIAL NEGOTIATIONS | Senior Management | 2009 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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