About Whitecap Resources
Whitecap Resources is a company based in Calgary (Canada) founded in 2009 was acquired by Pembina Pipeline Corporation in January 2025. It operates as a Direct-to-Consumer (D2C). Whitecap Resources has raised $690 thousand across 1 funding round from investors including Pembina Pipeline Corporation. The company has 567 employees as of December 31, 2024. Whitecap Resources has completed 4 acquisitions, including Compass Petroleum, Midway Energy Services and NAL Resources Management. Whitecap Resources offers products and services including Oil and Gas Development.
- Headquarter Calgary, Canada
- Employees 567 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Whitecap Resources Inc.
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Annual Revenue
$2.32 B (USD)3.34as on Dec 31, 2024
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Net Profit
$564.57 M (USD)-8.63as on Dec 31, 2024
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EBITDA
$1.37 B (USD)1.88as on Dec 31, 2024
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Total Equity Funding
$690 K (USD)
in 1 rounds
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Latest Funding Round
$690 K (USD), Seed
Sep 24, 2009
- Investors
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Employee Count
567
as on Dec 31, 2024
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Investments & Acquisitions
Compass Petroleum
& 3 more
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Acquired by
Pembina Pipeline Corporation
(Jan 02, 2025)
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IPO & Listings of Whitecap Resources
Whitecap Resources is a publicly listed company on the TSX with ticker symbol WCP in Canada, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Whitecap Resources
Whitecap Resources offers a comprehensive portfolio of products and services, including Oil and Gas Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Oil and gas assets are developed responsibly in Canada.
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Software Development Team
35 people
Leadership Team
17 people
Operations Team
14 people
Product Management Team
11 people
Finance and Accounting
9 people
Senior Team
8 people
Lead Team
8 people
Data Analysis and Operations Team
4 people
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Funding Insights of Whitecap Resources
Whitecap Resources has successfully raised a total of $690K through 1 strategic funding round. The most recent funding activity was a Seed round of $690 thousand completed in September 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $690,000
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First Round
First Round
(24 Sep 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2009 | Amount | Seed - Whitecap Resources | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Whitecap Resources
Whitecap Resources has secured backing from 1 investor. Prominent investors backing the company include Pembina Pipeline Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Oil and gas transportation pipelines are operated across Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Whitecap Resources
Whitecap Resources has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Compass Petroleum, Midway Energy Services and NAL Resources Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Management services for oil and gas companies are provided.
|
2012 | ||||
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Exploration and Development Company
|
2010 | ||||
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Upstream oil and gas company
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Whitecap Resources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Whitecap Resources Comparisons
Competitors of Whitecap Resources
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Whitecap Resources
Frequently Asked Questions about Whitecap Resources
When was Whitecap Resources founded?
Whitecap Resources was founded in 2009.
Where is Whitecap Resources located?
Whitecap Resources is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Is Whitecap Resources a funded company?
Whitecap Resources is a funded company, having raised a total of $690K across 1 funding round to date. The company's 1st funding round was a Seed of $690K, raised on Sep 24, 2009.
How many employees does Whitecap Resources have?
As of Dec 31, 2024, the latest employee count at Whitecap Resources is 567.
What is the annual revenue of Whitecap Resources?
Annual revenue of Whitecap Resources is $2.32B as on Dec 31, 2024.
What does Whitecap Resources do?
Whitecap Resources Inc. is focused on the responsible development of oil and natural gas assets within the Western Canadian Sedimentary Basin. Operations are conducted in core areas with both unconventional and conventional divisions. A sustainable dividend is provided to shareholders, supported by investment-grade financial strength. The company is committed to long-term growth, disciplined risk mitigation, and active community involvement in the energy sector.
What products or services does Whitecap Resources offer?
Whitecap Resources offers Oil and Gas Development.
Is Whitecap Resources publicly traded?
Yes, Whitecap Resources is publicly traded on TSX under the ticker symbol WCP.
How many acquisitions has Whitecap Resources made?
Whitecap Resources has made 4 acquisitions, including Compass Petroleum, Midway Energy Services, and NAL Resources Management.
Who are Whitecap Resources's investors?
Whitecap Resources has 1 investor. Key investors include Pembina Pipeline Corporation.
What is Whitecap Resources's ticker symbol?
The ticker symbol of Whitecap Resources is WCP on TSX.
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