Whitecap Resources Management

Management criteria checks 4/4

Whitecap Resources' CEO is Grant Fagerheim, appointed in Jun 2008, has a tenure of 16.5 years. total yearly compensation is CA$5.04M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth CA$33.88M. The average tenure of the management team and the board of directors is 14.6 years and 11.5 years respectively.

Key information

Grant Fagerheim

Chief executive officer

CA$5.0m

Total compensation

CEO salary percentage11.7%
CEO tenure16.5yrs
CEO ownership0.6%
Management average tenure14.6yrs
Board average tenure11.5yrs

Recent management updates

Recent updates

Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608

Dec 20
Whitecap Resources (TSE:WCP) Has Affirmed Its Dividend Of CA$0.0608

Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608

Nov 19
Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608

Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608

Oct 25
Whitecap Resources' (TSE:WCP) Dividend Will Be CA$0.0608

Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet

Mar 21
Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet

Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?

Feb 24
Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?

There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding

Feb 02
There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding

Is Whitecap Resources (TSE:WCP) Using Too Much Debt?

Dec 09
Is Whitecap Resources (TSE:WCP) Using Too Much Debt?

Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608

Oct 20
Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608

Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price

Oct 12
Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price

Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden

Aug 18
Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden

Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt

May 17
Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt

Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?

Mar 09
Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?

Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden

Feb 15
Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden

Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 21
Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year

CEO Compensation Analysis

How has Grant Fagerheim's remuneration changed compared to Whitecap Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$877m

Jun 30 2024n/an/a

CA$755m

Mar 31 2024n/an/a

CA$686m

Dec 31 2023CA$5mCA$590k

CA$889m

Sep 30 2023n/an/a

CA$909m

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$1b

Dec 31 2022CA$5mCA$515k

CA$2b

Sep 30 2022n/an/a

CA$2b

Jun 30 2022n/an/a

CA$3b

Mar 31 2022n/an/a

CA$2b

Dec 31 2021CA$3mCA$458k

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$383m

Mar 31 2021n/an/a

CA$286m

Dec 31 2020CA$2mCA$397k

-CA$2b

Sep 30 2020n/an/a

-CA$2b

Jun 30 2020n/an/a

-CA$2b

Mar 31 2020n/an/a

-CA$2b

Dec 31 2019CA$3mCA$425k

-CA$156m

Sep 30 2019n/an/a

CA$55m

Jun 30 2019n/an/a

CA$82m

Mar 31 2019n/an/a

CA$20m

Dec 31 2018CA$4mCA$425k

CA$65m

Sep 30 2018n/an/a

-CA$174m

Jun 30 2018n/an/a

-CA$239m

Mar 31 2018n/an/a

-CA$191m

Dec 31 2017CA$4mCA$297k

-CA$124m

Compensation vs Market: Grant's total compensation ($USD3.51M) is about average for companies of similar size in the Canadian market ($USD3.18M).

Compensation vs Earnings: Grant's compensation has been consistent with company performance over the past year.


CEO

Grant Fagerheim (65 yo)

16.5yrs

Tenure

CA$5,039,998

Compensation

Mr. Grant Bradley Fagerheim has been Chief Executive Officer and President of Whitecap Resources Inc. since June 2008 and was its Chairman of the Board since June 2008. Mr. Fagerheim has extensive experien...


Leadership Team

NamePositionTenureCompensationOwnership
Grant Fagerheim
President16.5yrsCA$5.04m0.60%
CA$ 33.9m
Thanh Kang
Senior VP & CFO15.3yrsCA$2.72m0.13%
CA$ 7.4m
Joel Armstrong
Senior Vice President of Production & Operations14.6yrsCA$1.84m0.064%
CA$ 3.6m
David Mombourquette
Senior Vice President of Business Development & IT3.6yrsCA$1.84m0.20%
CA$ 11.0m
Timothy Richardson
General Counselno datano datano data
Jeffrey Zdunich
VP of Finance & Controller13.8yrsno datano data

14.6yrs

Average Tenure

59yo

Average Age

Experienced Management: WCP's management team is seasoned and experienced (14.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Grant Fagerheim
President16.5yrsCA$5.04m0.60%
CA$ 33.9m
Kenneth Stickland
Independent Chairman of the Board11.5yrsCA$318.27k0.020%
CA$ 1.1m
Grant Zawalsky
Independent Director16.5yrsCA$233.00k0.12%
CA$ 6.5m
Mary-Jo Case
Independent Director3.8yrsCA$229.21k0.012%
CA$ 671.2k
Stephen Nikiforuk
Independent Director15.3yrsCA$242.00k0.022%
CA$ 1.2m
Glenn McNamara
Independent Director14.3yrsCA$248.00k0.023%
CA$ 1.3m
Chandra Henry
Independent Director2.6yrsCA$244.17k0.012%
CA$ 671.2k
Bradley Wall
Independent Director5.4yrsCA$225.60k0.0015%
CA$ 82.2k
Vineeta Maguire
Independent Director1.6yrsCA$214.89k0.0060%
CA$ 339.0k

11.5yrs

Average Tenure

64yo

Average Age

Experienced Board: WCP's board of directors are seasoned and experienced ( 11.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Whitecap Resources Inc. is covered by 31 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.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Dale LewkoBarclays
Grant HoferBarclays