Whitecap Resources CEO bets on an uptrend. CO 2. per year, making us carbon negative. For … Mr. Fagerheim has over 30 years of diverse experience in both the upstream and downstream areas of the oil and gas business and is currently our President and Chief Executive Officer. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. We aim to create a safe and valuable space for discussion and debate. President & CEO. Published September 7, 2018 Updated September 7, 2018 . For Subscribers. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. Whitecap is weighted toward crude (87 per cent in Q2) and reported Q2 funds flow of 19 cents per share, giving it enough room to reduce debt and look at acquisitions. Grant Fagerheim, Whitecap’s President & CEO, stated: “We are combining two strong Canadian energy producers to form a leading large-cap, light oil company geared towards generating sustainable long-term returns for shareholders while prioritizing … We aim to have all comments reviewed in a timely manner. In November 2017, Whitecap purchased a 62% interest in the Weyburn oil project in Saskatchewan for $940 million from Cenovus Energy. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. In August, Whitecap agreed to acquire Calgary-based NAL Resources Ltd. for $155 million. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? 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Real-time discussion about Whitecap Resources Inc. (WCP.TO) on CEO.CA, an investment chat community for Canada's small cap markets Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future. Readers can also interact with The Globe on Facebook and Twitter . It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance. CALGARY, March 17, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") is employing proactive measures in response to current market conditions and the sharp decline in global commodity prices. CEO and CFO buying at Whitecap Resources. WHITECAP RESOURCES INC. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Whitecap issued approximately 58.3 million Whitecap common shares in exchange for all the issued and outstanding … Thank you for your patience. As of mid-week, Whitecap Resources Inc. has done relatively better, dropping about 10 per cent since June 8. We aim to bring you long-term focused analysis driven by fundamental data. INK staff may also hold a position in profiled securities. Special to The Globe and Mail . Whitecap Resources Inc. has reduced its earnings per share by 122% a year over the last three years. He says producers can make money from existing wells at current benchmark oil prices of about US$45 per barrel, but he’s hoping prices will jump to $50 to $60 to make it worthwhile to spend money on new wells. You may now begin, sir. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$425k. In the last year, its revenue is down 19%. Simply Wall St has no position in any stocks mentioned. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. So it looks like Whitecap Resources compensates Grant Fagerheim in line with the median for the industry. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. Stock analysis for Whitecap Resources Inc (WCP:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Whitecap CEO Grant Fagerheim says the deal is attractive because of the companies geographically overlapping assets and the potential for $15 million in cost synergies in the first year, pledging that Whitecap will increase its monthly dividend … The S&P/TSX Capped Energy Index is off about 30 per cent since its spring peak. Whitecap Resources CEO Grant Fagerheim says he’s optimistic as his company works on closing deals to buy rivals TORC Oil & Gas and N-A-L Resources. Whitecap Announces Strategic Combination With NAL Resources in All-Stock Transaction Canada NewsWire CALGARY, AB, Aug. 31, 2020 CALGARY, AB, Aug. 31, 2020 /CNW/ - Whitecap Resources … Responsible Energy. Concerned about the content? Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. This is a space where subscribers can engage with each other and Globe staff. That's why we did some digging and identified 2 warning signs for Whitecap Resources that investors should think about before committing capital to this stock. Switching gears from Whitecap Resources, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look. We'd stop short of saying compensation is inappropriate, but we would understand if shareholders had questions regarding a future raise. Promoted If you’re looking to trade Whitecap Resources, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Ted Dixon. As we touched on above, Whitecap Resources Inc. is currently paying a compensation that's close to the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. And the impression is worse when you consider revenue is down year-on-year. CONFIRMS MONTHLY DIVIDEND FOR DECEMBER OF $0.01425 PER... Read All. According to an internal e-mail obtained by PressProgress, Whitecap Resources CEO Grant Fagerheim encouraged workers to share an anonymous letter that warns of “Alberta separation” unless Canadians vote for Andrew Scheer’s Conservatives. Alternatively, email editorial-team@simplywallst.com. Published October 23, 2020 Updated October 23, 2020 . Follow topics and authors relevant to your reading interests. "Whitecap Resources Inc focuses on the acquisition, development, optimization, and production of crude oil and natural gas in western Canada. Grant Fagerheim, Whitecap Resources CEO As many as 48 merger deals valued at $17.9 billion have been pieced together in the oilpatch year-to-date, compared to 60 deals at $19.7 billion during the same period last year, FP Data shows. Welcome to The Globe and Mail’s comment community. safest, most transparent & sustainable . For further information: Grant Fagerheim, President & CEO, or Thanh Kang, CFO, Whitecap Resources Inc., 3800, 525 - 8th Avenue SW, Calgary, Alberta T2P 1G1, (403) 266-0767, www.wcap.ca. Welcome to The Globe and Mail’s comment community. On examining similar-sized companies in the industry with market capitalizations between CA$527m and CA$2.1b, we discovered that the median CEO total compensation of that group was CA$3.7m. At the time of writing, our data shows that Whitecap Resources Inc. has a market capitalization of CA$1.1b, and reported total annual CEO compensation of CA$2.8m for the year to December 2019. So shareholders would probably want the company to be lessto generous with CEO compensation. In the meantime, the company has reported declining EPS growth and shareholder returns over the last three years. The deal was expected to increase Whitecap's oil production by 25%. Avoid the use of toxic and offensive language. Please read our Financial Services Guide before deciding whether to obtain financial services from us. In Whitecap Resources' case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. Whitecap Resources Inc. est une société pétrolière et gazière canadienne. list of high return, low debt companies is a great place to look. 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