About Whitecap Resources
Whitecap Resources is a publicly listed company based in Calgary (Canada) founded in 2009, and was acquired by Pembina Pipeline Corporation in January 2025. Monthly dividends are paid by Canadian oil and liquids producer. It operates on a Direct-to-Consumer (D2C) model. Whitecap Resources has raised $690 thousand across 1 funding round from investors including Pembina Pipeline Corporation. The company has 567 employees. Whitecap Resources has completed 4 acquisitions, including Compass Petroleum, Midway Energy Services and NAL Resources Management. Its website wcap.ca draws about 21 thousand monthly visits. Whitecap Resources offers products and services including Oil and Gas Development. Its focus areas include Energy, Oil & Gas and Exploration & Production. Its legal entity is Whitecap Resources Inc.
Company details
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.
- Headquarters Calgary, Canada
- Employees 567
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website wcap.ca
- Social LinkedIn
- Acquired by Pembina Pipeline Corporation (Jan 2025)
- Legal Name Whitecap Resources Inc.
- Annual Revenue$3.78 B (USD)54.88as on Dec 31, 2025
- Net Profit$719.11 M (USD)21.21as on Dec 31, 2025
- EBITDA$2.15 B (USD)50.02as on Dec 31, 2025
- Total Equity Funding$690K (USD)
in 1 rounds
- Latest Funding Round$690K (USD), Seed
Sep 2009
- Investors
- Employee Count567
- Investments & AcquisitionsCompass Petroleum
& 3 more
- Acquired byPembina Pipeline Corporation
(Jan 2025)
Products & Services of Whitecap Resources
Whitecap Resources offers a comprehensive portfolio of products and services, including Oil and Gas Development.
Oil and gas assets are developed responsibly in Canada.
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 $690,000
- Total Rounds 1
- Last Round Seed — $690,000
- First Round $690,000
(Sep 2009)
All 1 funding rounds of Whitecap Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2009 | $690,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Whitecap Resources
Whitecap Resources has secured backing from 1 investor. Prominent investors backing the company include Pembina Pipeline Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Oil and gas transportation pipelines are operated across Canada. | 1954 | pembina.com | Calgary, Canada |
Investor details for Whitecap Resources
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People of Whitecap Resources
133 people are tracked at Whitecap Resources (20 in leadership, 8 in board & advisors, 105 in team); the tracked headcount is 567.
| Name | Role | Group |
|---|---|---|
Adam Wolde-Giorgis | Director, Infrastructure & Support | Leadership |
Jason Schultz | Director, Accounting & Tax | Leadership |
Jeffery B. Zdunich | VP, Finance & Controller | Leadership |
Thanh C. Kang | CFO & SVP | Leadership |
Grant B. Fagerheim | President & CEO | Leadership |
Travis Tweit | Vice President, Operations | Leadership |
Chris Bullin | Vice President, East Division | Leadership |
Joey Wong | Vice President, West Division | Leadership |
Jordan May | Vice President, Production | Leadership |
Daniel Gee | Director, Business Development | Leadership |
Brian Hepburn | Chief Operations Engineer | Leadership |
P.eng. Alison Chen Pmp | Director Of Facilities Engineering And Asset Integrity | Leadership |
Neal Alexander | Chief Reservoir Engineer | Leadership |
P. Geol. Chris Cardiff | Vice President, Geosciences | Leadership |
Randy Looy | Steam Chief Power Engineer | Leadership |
Jennifer Bhardwaj | Director, Reserves And Reservoir Development | Leadership |
Tyler Maguire | Director, Corporate Planning | Leadership |
Wyatt Hamilton | Director | Leadership |
James W. | Director, Data & Analytics | Leadership |
P. Gary Lebsack | VP, Land | Leadership |
113 more people are available in the full profile.
Complete people profiles for Whitecap Resources
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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.
- IPO date18 Oct 2010
- Listed onTSX: WCP
- Listed entityWhitecap Resources Inc.
- Exchange sectorEnergy minerals
- ISINCA96467A2002
- Share price19.31 CAD (+3.32% on the day) · 2026-10-13
- Market capitalisation23,440,408,823.00 CAD
- Price to earnings16.6
- EPS (diluted, trailing year)1.16 CAD
- Dividend yield3.9%
- Volume (last session)6,049,774
Financials of Whitecap Resources
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 5.17B CAD | 984.6M CAD | 2.95B CAD |
| 2024 | 3.34B CAD | 812.3M CAD | 1.97B CAD |
| 2023 | 3.23B CAD | 889.0M CAD | 1.93B CAD |
| 2022 | 3.92B CAD | 1.68B CAD | 2.64B CAD |
| 2021 | 2.28B CAD | 1.78B CAD | 1.42B CAD |
Detailed financial statements for Whitecap Resources
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Exploration and Development Company | torcoil.com | Calgary, Canada | 2010 | Dec 2020 | $552M | |
Management services for oil and gas companies are provided. | nalresources.com | Calgary, Canada | 2012 | Aug 2020 | $118.33M | |
Midstream construction services are provided for pipeline and facility projects. | midwayenergyservices.com | Midway, United States | 1981 | Feb 2012 | $550.3M | |
Upstream oil and gas company | compasspetroleum.com | Calgary, Canada | 2002 | Dec 2011 | $14M |
Complete acquisition details for Whitecap Resources
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Timeline of Whitecap Resources
8 dated milestones of Whitecap Resources across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Whitecap Resources is founded.
- Funding First funding round of $690K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Compass Petroleum.
- Acquisition Acquires Midway Energy Services.
- Acquisition Acquires NAL Resources Management.
- Acquisition Acquires TORC Oil & Gas.
- Exit Acquired by Pembina Pipeline Corporation.
Web traffic of Whitecap Resources
The website of Whitecap Resources (wcap.ca) receives about 20.9K visits a month.
- Monthly visits20.9K
▲ 60.3% vs previous month
Websites whose visitors overlap most with Whitecap Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| boereport.com | 100% | #267,201 | View details | ||
thermogas.kiev.ua | thermogas.kiev.ua | 83% | – | ||
shell.ca | shell.ca | 80% | #234,999 | – | |
rbnenergy.com | rbnenergy.com | 78% | #487,446 | – | |
whitecapsupply.com | whitecapsupply.com | 74% | #464,949 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Whitecap Resources
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Related news about Whitecap Resources
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Frequently Asked Questions about Whitecap Resources
Whitecap Resources was founded in 2009.
Whitecap Resources is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
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 2009.
Whitecap Resources has 567 employees.
Annual revenue of Whitecap Resources is $3.78B as on Dec 31, 2025.
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.
Whitecap Resources offers Oil and Gas Development.
Yes, Whitecap Resources is publicly traded on TSX under the ticker symbol WCP.
Whitecap Resources has made 4 acquisitions, including Compass Petroleum, Midway Energy Services, and NAL Resources Management.
Whitecap Resources has 1 investor. Key investors include Pembina Pipeline Corporation.
Whitecap Resources operates through Whitecap Resources Inc..
Yes. Whitecap Resources was acquired by Pembina Pipeline Corporation in January 2025.