Whitecap Resources Inc.

TSX:WCPLive AI agent

About

Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.

Verified company data

Mineral resource: Reserves as of December 31, 2025 | | Company Share (GROSS) Reserves | | --- | --- | | **Description** | Light & Medium Oil (MMbbl) | Tight Crude Oil (MMbbl) | Conventional Natural Gas (Bcf) | Shale Gas (Bcf) | Natural Gas Liquids (MMbbl) | Total (MMboe) | | Proved developed producing Proved developed non-producing Proved undeveloped | 253 3 108 | 43 4 83 | 368 12 164 | 1,075 133 1,831 | 148 16 208 | 685 47 732 | | Total Proved Probable | 365 141 | 130 85 | 544 228 | 3,039 1,834 | 372 191 | 1,464 761 | | Total Proved plus Probable | 506 | 215 | 772 | 4,873 | 563 | 2,225 | ## Net Present Values #### Summary of Before Tax Net Present Values OF FUTURE NET REVENUE (Forecast Pricing) As at December 31, 2025 | | Before Tax Net Present Value ($MM) (1)Discount Rate | | --- | --- | | **Description** | 0% | 5% | 10% | 15% | 20% | | Proved developed producing Proved developed non-producing Proved Undeveloped | 12,281 984 10,331 | 11,028 770 6,687 | 9,443 631 4,439 | 8,249 533 2,973 | 7,361 460 1,973 | | Total proved Probable | 23,597 18,093 | 18,484 10,714 | 14,513 7,167 | 11,755 5,185 | 9,794 3,964 | | Total proved plus probable | 41,690 | 29,199 | 21,679 | 16,940 | 13,758 | (1) Includes abandonment and reclamation costs as defined in NI 51-101 for all of our facilities, pipelines and wells including those without reserves assigned. Abandonment and reclamation costs associated with facilities, pipelines and wells without associated reserves would not be considered material in the determination of the Company's future net revenue.
Projects: ["Our Unconventional Division is comprised of three regions: Gold Creek/Karr, Kaybob, Smoky\n\n[Learn More](https://www.wcap.ca/operations/core-areas/unconventional-division)","Our Conventional Division is comprised of four regions: Alberta Conventional, West Sask, East Sask, Weyburn\n\n[Learn More](https://www.wcap.ca/operations/core-areas/conventional-division)"]
Leadership: Grant B. Fagerheim (Chief Executive Officer, Founder of Whitecap Resources Inc. with extensive experience in the Canadian energy industry and past directorships in public and private companies.), JoSEPH A. Wong (President, Over 20 years of oil and gas E&P experience, previously Vice President, Unconventional at Whitecap.), Thanh C. Kang (SENIOR VICE PRESIDENT & Chief Financial Officer, Over two decades of financial leadership experience in the oil and gas industry, serving as CFO since 2009.), David M. Mombourquette (SENIOR VICE PRESIDENT, ASSET Development & IT, 40 years of engineering and evaluation experience in the oil and gas sector.), Jeffery B. Zdunich (senior vice president, finance & accounting, Over 20 years of financial experience in the oil and gas industry, previously Vice President, Finance & Controller.), Travis b. Tweit (CHIEF OperaTING OFFICER, More than 25 years of experience in the oil and gas industry, previously Vice President, Operations.), Christopher j. Bullin (Vice President, Conventional Division, reserves & reservoir development, Over 20 years of oil and gas experience, joined Whitecap in 2012.), Rebecca Schulz (Vice President, Regulatory and External Affairs, Extensive experience in public affairs and policy, previously Alberta's Minister of Environment and Protected Areas.)

Verified data last updated: 2026-08-07

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