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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > Net Income :-(
View:
Post by Indicator on Apr 26, 2023 5:35pm

Net Income :-(

Financial ($ millions except for share amounts

and percentages)

 

Three months ended March 31

   

2023

2022

Petroleum and natural gas revenues

   

883.7

1,003.9

Net income

   

262.6

652.3

Comment by barneyj44 on Apr 26, 2023 6:32pm
Earnings lower, no surprise there considering oil and especially NG is lower.. Exxon was warning a.month ago profits were not going to be as robust so wouldn't think Wcp would be any different.This is why I like getting monthly dividends and share reinvestment . I beleive Cve earnings were lower by $150 million so not  company specific . 
Comment by meritmat on Apr 26, 2023 7:09pm
Yup.  Only thing Cve increases div 33% but they needed to long Wcp 
Comment by NonCredibleSrc on Apr 26, 2023 9:07pm
Another divvy increase is coming - we know this - I expect end of next qtr.
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