Whitecap Resources Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,170	3,338	3,230	3,919	2,278
Revenue Growth (YoY)	54.88%	3.34%	-17.57%	72.01%	180.94%
Cost of Revenue	1,797	1,010	929.2	881.1	646.4
Gross Profit	3,373	2,328	2,301	3,038	1,632
Selling, General & Admin	423.5	361.7	370.9	397.3	216.1
Depreciation & Amortization Expenses	1,760	1,013	898.8	842.8	570.3
Exploration Expenses	13.4	16.3	6.6	6.3	4.4
Other Operating Expenses	-282.7	18.6	-151.7	-471.1	-1,545
Total Operating Expenses	1,914	1,409	1,125	775.3	-754.1
Operating Income	1,459	918.7	1,176	2,262	2,386
Interest Expense	-141.3	-89.8	-83.5	-39.9	-36.9
Other Non-Operating Income (Expense)	7.6	246.4	78	2.3	23.3
Total Non-Operating Income (Expense)	-133.7	156.6	-5.5	-37.6	-13.6
Pretax Income	1,326	1,075	1,171	2,225	2,372
Provision for Income Taxes	341	263	281.7	548.5	595.5
Net Income	984.6	812.3	889	1,676	1,777
Net Income to Common	984.6	812.3	889	1,676	1,777
Net Income Growth	21.21%	-8.63%	-46.96%	-5.66%	-
Shares Outstanding (Basic)	993	595	605	617	599
Shares Outstanding (Diluted)	997	598	609	621	603
Shares Change (YoY)	66.75%	-1.73%	-2.01%	2.99%	46.78%
EPS (Basic)	0.99	1.37	1.47	2.72	2.97
EPS (Diluted)	0.99	1.36	1.46	2.70	2.95
EPS Growth	-27.21%	-6.85%	-45.93%	-8.48%	-
Shares Outstanding	1,214	587.5	598	608.7	615.82
Free Cash Flow	609.4	696.8	617.6	1,489	564.7
Free Cash Flow Growth	-12.54%	12.82%	-58.51%	163.61%	126.87%
Free Cash Flow Per Share	0.61	1.17	1.01	2.40	0.94
Dividends Per Share	0.730	0.730	0.606	0.390	0.206
Dividend Growth	-	20.50%	55.26%	89.10%	-3.51%
Gross Margin	65.25%	69.74%	71.23%	77.51%	71.63%
Operating Margin	28.23%	27.52%	36.41%	57.73%	104.73%
Profit Margin	19.05%	24.34%	27.52%	42.77%	77.99%
FCF Margin	11.79%	20.88%	19.12%	37.99%	24.79%
EBITDA	3,169	1,894	2,041	3,069	2,932
EBITDA Margin	61.29%	56.74%	63.20%	78.31%	128.69%
EBIT	1,459	918.7	1,176	2,262	2,386
EBIT Margin	28.23%	27.52%	36.41%	57.73%	104.73%
Effective Tax Rate	25.72%	24.46%	24.06%	24.66%	25.10%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.