TOP TSX ENERGY STOCKS-WCP
New article from Yahoo finance - Whitecap Resources (TSX:WCP) will release its numbers on April 28. It has already raised its Q1 2022 dividend by 33% and will pay $0.36 per share annually. Whitecap aims to boost its 2022 production by 17% year over year. So, higher production and sky-high prices will likely notably lift its earnings this year. Even after allocating higher towards capital expenditure, these companies are flush with cash. Notably, WCP expects a three-year cumulative free cash flow of $3.6 billion amid higher oil and gas prices. This will go towards debt repayments and dividends. WCP stock has gained 94% in the last 12 months. It yields a decent 3.2% at the moment. The stock will likely keep trading strongly with solid earnings growth potential, improving balance sheet, and favourable industry dynamics.