28. Oct 2026
Description
(AWP Alliance News) - Whitecap Resources' third-quarter 2026 net income climbed 60% from a year earlier to USD 326.4 million. Petroleum and natural gas revenues rose 45% to USD 2.41 billion over the same period.
The company raised its 2026 average production guidance to 392,000 barrels of oil equivalent per day and increased its capital budget to approximately USD 2.2 billion. Its monthly dividend will rise to USD 0.0617 per share, effective with the November dividend payable in December.
For 2027, Whitecap plans capital spending of USD 2.4 billion USD 2.6 billion, targeting average production of 400,000 410,000 barrels of oil equivalent per day.
https://www.publicnow.com/view/12CEF5A083F473E00E6F8B5F557DE8FA7FF03173…
Disclaimer: This news brief was created using generative artificial intelligence. Whitecap Resources Inc. published the original content used to generate this news brief via CNW on October 28, 2026, and is solely responsible for the information contained therein.