TSX:WCPOil and Gas
Whitecap Resources (TSX:WCP) Is Up 7.4% After Raising 2026 Output Guidance At Flat Capex - Has The Bull Case Changed?
In late April 2026, Whitecap Resources Inc. reported first-quarter revenue of C$1,307.4 million and net income of C$22.3 million, alongside record average production of 391,416 boe/d that led management to raise full-year 2026 production guidance to 378,000–382,000 boe/d while keeping its C$2.0–C$2.1 billion capital budget unchanged.
The combination of sharply higher output, stronger cash flow and a production guidance increase at flat spending highlights improved capital efficiency even as...