Whitecap Resources Inc. Reports Strong Second Quarter Results

CALGARY, AB, July 23, 2025 /CNW/ - Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) has announced its operating and unaudited financial results for the three and six months ended June 30, 2025. The company has reported strong second quarter results, driven by robust operational and financial performance.

In the latest quarterly results, Whitecap, which recently completed a $15-billion combination with Veren Inc., reported a significant increase in net income. For the three months ended June 30, 2025, net income was $310.6 million, up from $244.5 million during the same quarter in 2024. This increase reflects higher revenues and oil and gas production.

Whitecap Resources, Inc., a Canadian energy company specializing in oil and natural gas exploration, primarily operates in the western regions of Canada. The company’s stock is traded on the Toronto Stock Exchange, and its close price as of June 26, 2025, was CAD 9.11. The market capitalization stands at CAD 12.04 billion, with a price-to-earnings ratio of 6.34.

The company’s financial performance for the second quarter is detailed in its unaudited interim consolidated financial statements and related management’s discussion and analysis, available at www.sedarplus.ca and on its website at www.wcap.ca .

Whitecap’s strong operational and financial performance in the second quarter underscores its strategic growth initiatives and successful integration following the Veren deal. The company continues to focus on enhancing its production capabilities and optimizing its operations across its assets in Canada.

For more detailed financial information, stakeholders are encouraged to review the unaudited interim consolidated financial statements and management’s discussion and analysis for the three and six months ended June 30, 2025.