Whitecap Resources Future Growth
Future criteria checks 4/6
Whitecap Resources is forecast to grow earnings and revenue by 22.2% and 7.7% per annum respectively while EPS is expected to grow by 21.8% per annum.
Key information
22.2%
Earnings growth rate
21.80%
EPS growth rate
| Oil and Gas earnings growth | 10.0% |
| Revenue growth rate | 7.7% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 05 May 2026 |
Recent future growth updates
Recent updates
Narrative Update • May 02
WCP: Cost Efficiencies And Buybacks Will Support Higher Execution-Driven Outlook
Whitecap Resources' fair value estimate has been updated to CA$18.60 from CA$17.13, reflecting a series of higher analyst price targets across several firms that highlight confidence in the company's execution. Analyst Commentary Recent research updates show several price target revisions for Whitecap Resources, with most clustered in the C$15 to C$16 range and one more recent move C$1.50 higher.Narrative Update • Apr 18
WCP: Cost Efficiencies And Buybacks Will Support Richer Execution-Driven Outlook
Analysts have raised the fair value estimate for Whitecap Resources by about CA$0.63 to CA$17.13, citing a series of higher Street price targets and steady assumptions for growth, margins and future P/E that support a somewhat richer valuation. Analyst Commentary Recent Street research around Whitecap Resources has centered on higher price targets and updated ratings, reflecting a generally constructive tone on execution and valuation with a few points of restraint.
New Narrative • Apr 16
Debottlenecking And Liquids Growth Will Transform Long Life Reserves Into Stronger Future Cash Generation
Catalysts About Whitecap Resources Whitecap Resources is a Canadian oil and gas producer with a mix of unconventional growth assets and long life, lower decline conventional assets. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 03
WCP: Cost Efficiencies And Buybacks Will Support Measured Execution-Driven Outlook
Analysts have raised the Whitecap Resources fair value estimate from CA$15.31 to CA$16.50, citing recent CA$1 to CA$2 price target increases from several firms and ongoing confidence in the company’s cost control, productivity and execution. Analyst Commentary Recent Street research on Whitecap Resources clusters around higher price targets and strong operational execution, while also flagging valuation and rating changes that readers should keep in mind.
New Narrative • Apr 01
High Condensate Focus And Long Term Gas Contracts Will Pressure Margins Over Time
Catalysts About Whitecap Resources Whitecap Resources is a Canadian energy producer focused on light oil, condensate and natural gas, with a mix of unconventional and conventional assets. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 19
WCP: Cost Efficiencies And Buybacks Will Support Balanced Long Term Outlook
Analysts have nudged their fair value estimate for Whitecap Resources higher, with the modeled target moving from CA$15.09 to CA$15.31, as recent research points to continued cost efficiencies, steady productivity gains, and a tightening cluster of Street price targets in the CA$15 to CA$16 range. Analyst Commentary Recent Street research around Whitecap Resources has leaned constructive, with several fresh price targets clustering in the CA$15 to CA$16 range.Narrative Update • Mar 04
WCP: Higher Profitability Expectations Will Support Bullish Long Term Outlook
The analyst fair value estimate for Whitecap Resources has moved from CA$14.03 to CA$15.09, with the shift supported by higher Street price targets clustered around CA$15 to CA$16 and analyst commentary pointing to improved profitability expectations on steady discount rate assumptions. Analyst Commentary Recent research is broadly constructive on Whitecap Resources, with several bullish analysts lifting their price targets into a CA$15 to CA$16 range and highlighting both operational execution and cost control.Narrative Update • Feb 18
WCP: Updated Fair Value And P/E Will Support Balanced Long Term Outlook
Analysts have nudged their price target on Whitecap Resources slightly higher to CA$14.03 from CA$13.94. This reflects updated assumptions around fair value, discount rate and future P/E, while keeping revenue growth and profit margin expectations broadly consistent.Narrative Update • Feb 04
WCP: Analyst Day Outlook Will Support Higher Long Term Earnings Multiple
Analysts have modestly adjusted their fair value estimate for Whitecap Resources to $13.94 from $13.53, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Whitecap Resources held an Analyst/Investor Day, giving the market an updated look at its business outlook and capital plans (Key Developments).Narrative Update • Jan 21
WCP: Q3 Beat And 2026 Capital Efficiency Are Expected To Support Upside
Analysts have made a modest trim to their fair value estimate for Whitecap Resources to about $13.53 from $13.63, even as several firms recently raised their C$ price targets, citing stronger capital efficiency in the 2026 budget and adding the stock to favored lists. Analyst Commentary Bullish analysts are generally framing the recent research activity on Whitecap Resources as support for a constructive view on the stock, with several pointing to capital efficiency and updated price targets as key inputs to their work.Narrative Update • Jan 06
WCP: Q3 Beat And 2026 Capital Efficiency Are Expected To Drive Upside
The analyst price target for Whitecap Resources edges slightly higher to about $13.63, as analysts cite recent target increases in the C$13 to C$15 range and highlight factors such as a Q3 beat, a more capital efficient 2026 budget and inclusion on preferred stock lists. Analyst Commentary Recent research activity around Whitecap Resources has been active, with several firms updating views and targets in a fairly tight C$13 to C$15 range.Analysis Article • Dec 19
Whitecap Resources (TSE:WCP) Is Paying Out A Dividend Of CA$0.0608
Whitecap Resources Inc. ( TSE:WCP ) will pay a dividend of CA$0.0608 on the 15th of January. Based on this payment, the...Narrative Update • Dec 13
WCP: Improved 2026 Capital Efficiency Will Drive Future Production Momentum
Analysts have nudged their average price target on Whitecap Resources modestly higher, with recent raises to C$15.00, C$14.00, and C$13.00 outweighing a single cut to C$13.00. They highlight the company’s Q3 beat, improved capital efficiency in its 2026 budget, and inclusion on key favorites lists.Narrative Update • Nov 29
WCP: Execution On Production Growth And Buybacks Will Drive Momentum
Whitecap Resources' average analyst price target remained steady near C$13.60, as analysts cited improved capital efficiency and continued outperformance to support their outlook despite minor adjustments to individual targets. Analyst Commentary Recent analyst coverage of Whitecap Resources highlights a generally upbeat outlook, with several supporting increases to price targets and positive ratings.Analysis Article • Nov 19
Whitecap Resources (TSE:WCP) Has Announced A Dividend Of CA$0.0608
Whitecap Resources Inc.'s ( TSE:WCP ) investors are due to receive a payment of CA$0.0608 per share on 15th of...Narrative Update • Nov 15
WCP: Ongoing Capital Efficiency Improvements Will Drive Upward Momentum
Analysts have modestly increased their average price target for Whitecap Resources, with several citing stronger than expected capital efficiency and ongoing inclusion in top stock lists as supporting factors. Analyst Commentary Recent analyst reports on Whitecap Resources reflect a blend of optimism on operational efficiency and valuation, with some caution around near-term forecast adjustments.Narrative Update • Nov 01
WCP: Future Performance Will Be Driven By Operational Efficiency And Capital Discipline
Analysts have modestly increased their price target for Whitecap Resources to C$13.59 from C$13.56, citing improving profit margins and favorable recent coverage. The reports highlight operational efficiency and a strengthened outlook.Narrative Update • Oct 18
Integration And Advanced Drilling Will Unlock Future Value
The analyst price target for Whitecap Resources was recently increased to C$13.56 from C$13.10. Analysts cite improved fundamentals and sustained revenue growth as key factors behind the upward revision.Analysis Article • Aug 21
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608
The board of Whitecap Resources Inc. ( TSE:WCP ) has announced that it will pay a dividend on the 15th of September...Analysis Article • Jul 24
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608
Whitecap Resources Inc. ( TSE:WCP ) will pay a dividend of CA$0.0608 on the 15th of August. This means the annual...Analysis Article • Jun 03
Weekly Picks: 🛢️ WCP's Global Leverage, MSFT's AI Momentum, and CDPR's Upside Potential
This week’s picks cover: Why Whitecap Resources can perform regardless of US policy decisions, why Microsoft is exceptionally well positioned to grow in an AI world, why Cerro De Pasco’s possible shift from an explorer to producer could deliver big upside.Analysis Article • May 19
Whitecap Resources (TSE:WCP) Has Announced A Dividend Of CA$0.0608
Whitecap Resources Inc.'s ( TSE:WCP ) investors are due to receive a payment of CA$0.0608 per share on 16th of June...
New Narrative • Mar 18
WhiteCap Is Positioned To Profit Regardless Of Trump's Policy
I believe the Canadian oil and gas sector is overlooked, mainly because of Donald Trump's upcoming second term.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 8,513 | 1,782 | 1,852 | 4,519 | 2 |
| 12/31/2027 | 8,445 | 1,512 | 1,897 | 4,258 | 4 |
| 12/31/2026 | 8,862 | 1,482 | 2,189 | 4,503 | 4 |
| 3/31/2026 | 6,152 | 844 | 1,172 | 3,526 | N/A |
| 12/31/2025 | 5,170 | 985 | 609 | 2,686 | N/A |
| 9/30/2025 | 4,516 | 911 | 658 | 2,281 | N/A |
| 6/30/2025 | 3,780 | 981 | 594 | 1,940 | N/A |
| 3/31/2025 | 3,405 | 915 | 634 | 1,776 | N/A |
| 12/31/2024 | 3,338 | 812 | 697 | 1,834 | N/A |
| 9/30/2024 | 3,312 | 877 | 645 | 1,890 | N/A |
| 6/30/2024 | 3,367 | 755 | 464 | 1,717 | N/A |
| 3/31/2024 | 3,226 | 686 | 362 | 1,626 | N/A |
| 12/31/2023 | 3,230 | 889 | 618 | 1,743 | N/A |
| 9/30/2023 | 3,411 | 909 | 895 | 1,822 | N/A |
| 6/30/2023 | 3,482 | 1,081 | 1,148 | 1,999 | N/A |
| 3/31/2023 | 3,845 | 1,286 | 1,533 | 2,261 | N/A |
| 12/31/2022 | 3,919 | 1,676 | 1,497 | 2,183 | N/A |
| 9/30/2022 | 3,603 | 1,581 | 1,380 | 1,956 | N/A |
| 6/30/2022 | 3,284 | 2,772 | 1,186 | 1,690 | N/A |
| 3/31/2022 | 2,816 | 2,409 | 848 | 1,297 | N/A |
| 12/31/2021 | 2,278 | 1,777 | 696 | 1,124 | N/A |
| 9/30/2021 | 1,797 | 1,885 | 503 | 891 | N/A |
| 6/30/2021 | 1,401 | 383 | 465 | 727 | N/A |
| 3/31/2021 | 906 | 286 | 259 | 507 | N/A |
| 12/31/2020 | 811 | -1,845 | 254 | 450 | N/A |
| 9/30/2020 | 916 | -2,381 | 247 | 517 | N/A |
| 6/30/2020 | 974 | -2,351 | 118 | 535 | N/A |
| 3/31/2020 | 1,138 | -2,215 | 251 | 669 | N/A |
| 12/31/2019 | 1,200 | -156 | N/A | 645 | N/A |
| 9/30/2019 | 1,118 | 55 | N/A | 641 | N/A |
| 6/30/2019 | 1,205 | 82 | N/A | 680 | N/A |
| 3/31/2019 | 1,257 | 20 | N/A | 707 | N/A |
| 12/31/2018 | 1,257 | 65 | N/A | 728 | N/A |
| 9/30/2018 | 1,271 | -174 | N/A | 697 | N/A |
| 6/30/2018 | 1,108 | -239 | N/A | 611 | N/A |
| 3/31/2018 | 956 | -191 | N/A | 532 | N/A |
| 12/31/2017 | 866 | -124 | N/A | 489 | N/A |
| 9/30/2017 | 796 | 299 | N/A | 461 | N/A |
| 6/30/2017 | 744 | 302 | N/A | 450 | N/A |
| 3/31/2017 | 653 | 229 | N/A | 397 | N/A |
| 12/31/2016 | 544 | 171 | N/A | 365 | N/A |
| 9/30/2016 | 495 | -107 | N/A | 381 | N/A |
| 6/30/2016 | 479 | -489 | N/A | 417 | N/A |
| 3/31/2016 | 522 | -470 | N/A | 461 | N/A |
| 12/31/2015 | 540 | -501 | N/A | 505 | N/A |
| 9/30/2015 | 581 | -248 | N/A | 548 | N/A |
| 6/30/2015 | 641 | 216 | N/A | 504 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WCP's forecast earnings growth (22.2% per year) is above the savings rate (3%).
Earnings vs Market: WCP's earnings (22.2% per year) are forecast to grow faster than the Canadian market (10.7% per year).
High Growth Earnings: WCP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WCP's revenue (7.7% per year) is forecast to grow faster than the Canadian market (4.6% per year).
High Growth Revenue: WCP's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WCP's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/18 09:55 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Whitecap Resources Inc. is covered by 30 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Patrick O'Rourke | ATB Cormark |
| Garett Ursu | ATB Cormark Historical (Cormark Securities) |