WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis

TSX:WCP • CA96467A2002

13.24 CAD
+0.43 (+3.36%)
Last: Feb 11, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall WCP gets a fundamental rating of 6 out of 10. We evaluated WCP against 212 industry peers in the Oil, Gas & Consumable Fuels industry. WCP has an excellent profitability rating, but there are some minor concerns on its financial health. WCP has a decent growth rate and is not valued too expensively. Finally WCP also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year WCP was profitable.
  • WCP had a positive operating cash flow in the past year.
  • WCP had positive earnings in 4 of the past 5 years.
  • In the past 5 years WCP always reported a positive cash flow from operatings.
WCP.CA Yearly Net Income VS EBIT VS OCF VS FCFWCP.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B

1.2 Ratios

  • WCP has a better Return On Assets (4.79%) than 83.96% of its industry peers.
  • Looking at the Return On Equity, with a value of 8.35%, WCP is in the better half of the industry, outperforming 64.62% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 4.76%, WCP is doing good in the industry, outperforming 75.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for WCP is above the industry average of 6.50%.
  • The 3 year average ROIC (10.61%) for WCP is well above the current ROIC(4.76%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 4.79%
ROE 8.35%
ROIC 4.76%
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
WCP.CA Yearly ROA, ROE, ROICWCP.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150

1.3 Margins

  • Looking at the Profit Margin, with a value of 20.18%, WCP belongs to the top of the industry, outperforming 82.55% of the companies in the same industry.
  • In the last couple of years the Profit Margin of WCP has declined.
  • Looking at the Operating Margin, with a value of 24.35%, WCP belongs to the top of the industry, outperforming 80.19% of the companies in the same industry.
  • In the last couple of years the Operating Margin of WCP has grown nicely.
  • With an excellent Gross Margin value of 72.69%, WCP belongs to the best of the industry, outperforming 91.04% of the companies in the same industry.
  • WCP's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.35%
PM (TTM) 20.18%
GM 72.69%
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
WCP.CA Yearly Profit, Operating, Gross MarginsWCP.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200

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4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WCP is creating some value.
  • Compared to 1 year ago, WCP has less shares outstanding
  • The number of shares outstanding for WCP has been increased compared to 5 years ago.
  • The debt/assets ratio for WCP has been reduced compared to a year ago.
WCP.CA Yearly Shares OutstandingWCP.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
WCP.CA Yearly Total Debt VS Total AssetsWCP.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • WCP has an Altman-Z score of 1.67. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
  • WCP has a better Altman-Z score (1.67) than 66.98% of its industry peers.
  • WCP has a debt to FCF ratio of 5.43. This is a neutral value as WCP would need 5.43 years to pay back of all of its debts.
  • The Debt to FCF ratio of WCP (5.43) is better than 76.89% of its industry peers.
  • A Debt/Equity ratio of 0.32 indicates that WCP is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.32, WCP is in the better half of the industry, outperforming 60.38% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 5.43
Altman-Z 1.67
ROIC/WACC0.61
WACC7.75%
WCP.CA Yearly LT Debt VS Equity VS FCFWCP.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B

2.3 Liquidity

  • WCP has a Current Ratio of 0.73. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • WCP's Current ratio of 0.73 is in line compared to the rest of the industry. WCP outperforms 45.75% of its industry peers.
  • A Quick Ratio of 0.73 indicates that WCP may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.73, WCP is in line with its industry, outperforming 58.96% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.73
Quick Ratio 0.73
WCP.CA Yearly Current Assets VS Current LiabilitesWCP.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The earnings per share for WCP have decreased strongly by -19.86% in the last year.
  • Measured over the past years, WCP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.33% on average per year.
  • WCP shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.36%.
  • Measured over the past years, WCP shows a very strong growth in Revenue. The Revenue has been growing by 25.03% on average per year.
EPS 1Y (TTM)-19.86%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-63.04%
Revenue 1Y (TTM)36.36%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%90.71%

3.2 Future

  • Based on estimates for the next years, WCP will show a decrease in Earnings Per Share. The EPS will decrease by -4.59% on average per year.
  • WCP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.60% yearly.
EPS Next Y-31.88%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
EPS Next 5Y-4.59%
Revenue Next Year55.79%
Revenue Next 2Y33.57%
Revenue Next 3Y22.21%
Revenue Next 5Y18.6%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
WCP.CA Yearly Revenue VS EstimatesWCP.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
WCP.CA Yearly EPS VS EstimatesWCP.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 -2 -4

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6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 11.32, the valuation of WCP can be described as reasonable.
  • WCP's Price/Earnings ratio is a bit cheaper when compared to the industry. WCP is cheaper than 72.64% of the companies in the same industry.
  • WCP is valuated cheaply when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 16.68, which indicates a correct valuation of WCP.
  • Based on the Price/Forward Earnings ratio, WCP is valued a bit cheaper than the industry average as 65.09% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of WCP to the average of the S&P500 Index (28.01), we can say WCP is valued slightly cheaper.
Industry RankSector Rank
PE 11.32
Fwd PE 16.68
WCP.CA Price Earnings VS Forward Price EarningsWCP.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 74.06% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, WCP is valued a bit cheaper than the industry average as 66.04% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 24.42
EV/EBITDA 7.81
WCP.CA Per share dataWCP.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The excellent profitability rating of WCP may justify a higher PE ratio.
  • A cheap valuation may be justified as WCP's earnings are expected to decrease with -10.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%

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7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.75%, WCP is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.13, WCP pays a better dividend. On top of this WCP pays more dividend than 88.21% of the companies listed in the same industry.
  • WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 5.75%

5.2 History

  • On average, the dividend of WCP grows each year by 16.83%, which is quite nice.
  • WCP has paid a dividend for at least 10 years, which is a reliable track record.
  • WCP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.83%
Div Incr Years3
Div Non Decr Years3
WCP.CA Yearly Dividends per shareWCP.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • WCP pays out 68.17% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of WCP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP68.17%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
WCP.CA Yearly Income VS Free CF VS DividendWCP.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B
WCP.CA Dividend Payout.WCP.CA Dividend Payout, showing the Payout Ratio.WCP.CA Dividend Payout.PayoutRetained Earnings

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WHITECAP RESOURCES INC

TSX:WCP (2/11/2026, 7:00:00 PM)

13.24

+0.43 (+3.36%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-22
Earnings (Next)02-25
Inst Owners23.89%
Inst Owner ChangeN/A
Ins Owners0.66%
Ins Owner ChangeN/A
Market Cap16.07B
Revenue(TTM)4.52B
Net Income(TTM)911.20M
Analysts83
Price Target14.14 (6.8%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.75%
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP68.17%
Div Incr Years3
Div Non Decr Years3
Ex-Date01-30
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.94%
Min EPS beat(2)-20.61%
Max EPS beat(2)94.48%
EPS beat(4)2
Avg EPS beat(4)37.42%
Min EPS beat(4)-20.61%
Max EPS beat(4)94.48%
EPS beat(8)5
Avg EPS beat(8)20.26%
EPS beat(12)8
Avg EPS beat(12)17.19%
EPS beat(16)11
Avg EPS beat(16)15.15%
Revenue beat(2)1
Avg Revenue beat(2)0.55%
Min Revenue beat(2)-1.16%
Max Revenue beat(2)2.27%
Revenue beat(4)3
Avg Revenue beat(4)5.66%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)15.36%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.96%
PT rev (3m)1.96%
EPS NQ rev (1m)-12.12%
EPS NQ rev (3m)-10.06%
EPS NY rev (1m)-0.65%
EPS NY rev (3m)-2.73%
Revenue NQ rev (1m)-1.31%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)-3.19%
Revenue NY rev (3m)-5.54%
Valuation
Industry RankSector Rank
PE 11.32
Fwd PE 16.68
P/S 3.56
P/FCF 24.42
P/OCF 7.04
P/B 1.47
P/tB 1.47
EV/EBITDA 7.81
EPS(TTM)1.17
EY8.84%
EPS(NY)0.79
Fwd EY6%
FCF(TTM)0.54
FCFY4.09%
OCF(TTM)1.88
OCFY14.2%
SpS3.72
BVpS9
TBVpS9
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.39
Profitability
Industry RankSector Rank
ROA 4.79%
ROE 8.35%
ROCE 6.28%
ROIC 4.76%
ROICexc 4.76%
ROICexgc 4.76%
OM 24.35%
PM (TTM) 20.18%
GM 72.69%
FCFM 14.57%
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
ROICexc(3y)10.72%
ROICexc(5y)8.5%
ROICexgc(3y)10.72%
ROICexgc(5y)8.5%
ROCE(3y)14.01%
ROCE(5y)11.14%
ROICexgc growth 3Y-6.88%
ROICexgc growth 5Y30.36%
ROICexc growth 3Y-6.88%
ROICexc growth 5Y30.99%
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
F-Score4
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 5.43
Debt/EBITDA 1.4
Cap/Depr 114.64%
Cap/Sales 35.93%
Interest Coverage 13.09
Cash Conversion 90.67%
Profit Quality 72.2%
Current Ratio 0.73
Quick Ratio 0.73
Altman-Z 1.67
F-Score4
WACC7.75%
ROIC/WACC0.61
Cap/Depr(3y)110.9%
Cap/Depr(5y)98.28%
Cap/Sales(3y)28.87%
Cap/Sales(5y)27.2%
Profit Quality(3y)81.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.86%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-63.04%
EPS Next Y-31.88%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
EPS Next 5Y-4.59%
Revenue 1Y (TTM)36.36%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%90.71%
Revenue Next Year55.79%
Revenue Next 2Y33.57%
Revenue Next 3Y22.21%
Revenue Next 5Y18.6%
EBIT growth 1Y13.32%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year43.05%
EBIT Next 3Y24.61%
EBIT Next 5Y13.67%
FCF growth 1Y-25.85%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y25.17%
OCF growth 3Y17.71%
OCF growth 5Y23.22%

WHITECAP RESOURCES INC / WCP.CA FAQ

Can you provide the ChartMill fundamental rating for WHITECAP RESOURCES INC?

ChartMill assigns a fundamental rating of 6 / 10 to WCP.CA.


Can you provide the valuation status for WHITECAP RESOURCES INC?

ChartMill assigns a valuation rating of 6 / 10 to WHITECAP RESOURCES INC (WCP.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for WHITECAP RESOURCES INC?

WHITECAP RESOURCES INC (WCP.CA) has a profitability rating of 8 / 10.


What is the earnings growth outlook for WHITECAP RESOURCES INC?

The Earnings per Share (EPS) of WHITECAP RESOURCES INC (WCP.CA) is expected to decline by -31.88% in the next year.


How sustainable is the dividend of WHITECAP RESOURCES INC (WCP.CA) stock?

The dividend rating of WHITECAP RESOURCES INC (WCP.CA) is 7 / 10 and the dividend payout ratio is 68.17%.