Whitecap Resources Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	911.2	812.3	889	1,676	1,777	-1,845
Depreciation & Amortization	1,472	1,029	905.4	188.6	-1,277	2,742
Loss (Gain) From Sale of Assets	-250.8	-246.4	-78.8	-2.3	-23.3	-0
Asset Writedown & Restructuring Costs	-	-	-	-	-	122.68
Stock-Based Compensation	21.6	16.6	14.4	11.1	7.9	7.55
Other Operating Activities	314.3	20.9	61.4	449.3	613.9	-593.69
Change in Other Net Operating Assets	-187.4	201.3	-48.9	-139.7	25.3	16.29
Operating Cash Flow	2,281	1,834	1,743	2,183	1,124	450.18
Operating Cash Flow Growth	20.70%	5.22%	-20.18%	94.23%	149.68%	-30.24%
Capital Expenditures	-1,617	-1,131	-953.8	-686.5	-428.5	-195.89
Sale of Property, Plant & Equipment	710	508.8	360.2	23.4	186.4	-
Cash Acquisitions	105.7	-5.6	-164.4	-1,879	-216.8	-22.38
Other Investing Activities	243.5	64.1	-7.6	45.6	71.4	-42.76
Investing Cash Flow	-558.1	-563.8	-765.6	-2,497	-387.5	-261.03
Long-Term Debt Issued	-	-	-	788.9	-	-
Long-Term Debt Repaid	-	-343.7	-495.5	-4.1	-453.4	-85.83
Net Debt Issued (Repaid)	-941.3	-343.7	-495.5	784.8	-453.4	-85.83
Repurchase of Common Stock	-198.1	-129.7	-122.7	-242.7	-164.2	-10.2
Common Dividends Paid	-621.2	-433.3	-372.8	-237.2	-126.1	-87.28
Other Financing Activities	37.6	-0.7	14.1	8.5	7.2	-5.84
Financing Cash Flow	-1,723	-907.4	-976.9	313.4	-736.5	-189.15
Miscellaneous Cash Flow Adjustments	-0.3	-0.3	-	-	-	-
Net Cash Flow	-0.3	362	-	-	-	-
Free Cash Flow	663.8	702.4	788.7	1,497	695.5	254.29
Free Cash Flow Growth	-18.65%	-10.94%	-47.30%	115.18%	173.51%	5.35%
Free Cash Flow Margin	14.70%	21.04%	24.42%	38.19%	30.53%	31.36%
Free Cash Flow Per Share	0.79	1.17	1.30	2.41	1.15	0.62
Cash Interest Paid	84	71.2	71.9	61.6	43.7	43.35
Cash Income Tax Paid	252.2	125.8	-	-	-	-
Levered Free Cash Flow	895.61	691.8	955.54	524.04	-16.75	1,111
Unlevered Free Cash Flow	965.8	747.93	1,008	548.98	6.31	1,145
Change in Working Capital	-187.4	201.3	-48.9	-139.7	25.3	16.29

Source: S&P Global Market Intelligence. Standard template. Financial Sources.