Whitecap Resources

Whitecap updated its 2026 guidance to 384,000–386,000 BOE/day (≈61% liquids) and, using a US$75 oil and C$2/GJ AECO gas price deck, expects C$4.3 billion of cash flow, C$2.1 billion of capex and C$2.2 billion of free cash flow. Efficiency gains from the Veren acquisition improve capital and operating costs and are expected to add roughly C$500 million annually to free cash flow. The company plans to cut net debt to about C$2 billion by end-2026 while continuing dividends and buybacks, targeting longer-term production growth and maintaining hedges on a portion of volumes. » Altro su finance.yahoo.com

Whitecap Resources unveiled a strategy in Denver that prioritizes cash-flow discipline, debt reduction and balanced growth. The company is targeting about CAD 4.3 billion of cash flow for 2026 and roughly CAD 2.2 billion of free cash flow, and aims to cut debt from CAD 3.4 billion at end-2025 to CAD 2.0 billion by end-2026. The acquisition of Veren, the company says, improved capital efficiency and lowered operating costs, contributing around CAD 500 million annually to free cash flow. Whitecap confirms production of about 385,000 BOE/day, pays a CAD 0.73 annual dividend and uses a hedging program to stabilize cash flow. » Altro su de.investing.com

Whitecap Resources delivered Q1 production of 391,416 BOE/d, beat budget by ~19,000 BOE/d and raised 2026 guidance by 7,500 BOE/d to 380,000 BOE/d. First-quarter funds flow exceeded CAD 1 billion with CAD 340 million of free funds flow, net debt reduced to CAD 3.2 billion and CAD 221 million returned to shareholders. Management reported lower operating costs and improved well performance but recorded an unrealized CAD 500 million loss on commodity contracts while maintaining a CAD 2.0–2.1 billion capex plan and prioritizing deleveraging and selective M&A. » Altro su finance.yahoo.com