Whitecap Historical Income Statement

WCP Stock  CAD 9.31  0.10  1.06%   
Historical analysis of Whitecap Resources income statement accounts such as Interest Expense of 94.2 M, Selling General Administrative of 379.8 M, Other Operating Expenses of 1.6 B or Operating Income of 984.2 M can show how well Whitecap Resources performed in making a profits. Evaluating Whitecap Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Whitecap Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Whitecap Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Whitecap Resources is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Whitecap Income Statement Analysis

Whitecap Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Whitecap Resources shareholders. The income statement also shows Whitecap investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Whitecap Resources Income Statement Chart

At this time, Whitecap Resources' Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2025, Net Income is likely to grow to about 852.9 M, though Net Interest Income is likely to grow to (85.2 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Whitecap Resources. It is also known as Whitecap Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Whitecap Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Whitecap Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Whitecap Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Whitecap Resources' Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2025, Net Income is likely to grow to about 852.9 M, though Net Interest Income is likely to grow to (85.2 M).
 2022 2023 2024 2025 (projected)
Total Revenue4.8B3.2B3.9B4.1B
Depreciation And Amortization842.8M898.8M1.0B1.1B

Whitecap Resources income statement Correlations

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0.840.650.540.530.660.990.430.50.840.860.790.880.440.170.860.430.54-0.820.250.71
0.70.650.660.590.70.550.560.590.770.870.790.90.560.030.750.550.7-0.60.050.71
0.70.540.660.750.790.490.730.730.610.860.930.610.730.060.860.730.75-0.790.370.79
0.460.530.590.750.980.520.991.00.50.740.770.580.990.680.740.990.97-0.520.510.83
0.630.660.70.790.980.640.950.970.680.840.850.730.950.60.840.950.97-0.650.50.88
0.770.990.550.490.520.640.430.50.760.80.740.810.430.230.830.430.51-0.780.320.68
0.380.430.560.730.990.950.430.990.420.680.720.511.00.690.671.00.96-0.440.490.78
0.430.50.590.731.00.970.50.990.480.720.750.561.00.70.710.990.97-0.480.50.82
0.940.840.770.610.50.680.760.420.480.860.770.930.430.060.850.420.58-0.830.290.7
0.870.860.870.860.740.840.80.680.720.860.980.920.680.120.970.680.77-0.870.310.86
0.820.790.790.930.770.850.740.720.750.770.980.820.720.120.960.720.79-0.860.330.87
0.860.880.90.610.580.730.810.510.560.930.920.820.520.110.870.510.65-0.780.240.72
0.390.440.560.730.990.950.431.01.00.430.680.720.520.70.671.00.96-0.440.490.79
-0.060.170.030.060.680.60.230.690.70.060.120.120.110.70.160.70.610.030.430.35
0.860.860.750.860.740.840.830.670.710.850.970.960.870.670.160.670.75-0.910.450.86
0.380.430.550.730.990.950.431.00.990.420.680.720.511.00.70.670.96-0.440.490.78
0.510.540.70.750.970.970.510.960.970.580.770.790.650.960.610.750.96-0.530.410.85
-0.93-0.82-0.6-0.79-0.52-0.65-0.78-0.44-0.48-0.83-0.87-0.86-0.78-0.440.03-0.91-0.44-0.53-0.3-0.72
0.20.250.050.370.510.50.320.490.50.290.310.330.240.490.430.450.490.41-0.30.31
0.680.710.710.790.830.880.680.780.820.70.860.870.720.790.350.860.780.85-0.720.31
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Whitecap Resources Account Relationship Matchups

Whitecap Resources income statement Accounts

202020212022202320242025 (projected)
Interest Expense43.5M43.7M62.9M88.6M89.7M94.2M
Selling General Administrative98.0M150.4M199.1M97M361.7M379.8M
Other Operating Expenses913.0M1.9B3.0B1.3B1.5B1.6B
Operating Income18.9M840.9M1.8B1.9B937.3M984.2M
Ebit(2.4B)2.4B2.3B1.3B1.4B1.5B
Ebitda(2.0B)3.0B3.1B2.2B2.5B2.6B
Total Operating Expenses434.4M891.2M1.3B370.9M3.0B3.2B
Net Income(1.8B)1.8B1.7B889M812.3M852.9M
Income Tax Expense(573.0M)595.5M548.5M281.7M324.0M340.2M
Depreciation And Amortization370.3M570.3M842.8M898.8M1.0B1.1B
Total Revenue931.9M2.7B4.8B3.2B3.9B4.1B
Gross Profit453.2M1.7B3.1B2.3B2.4B2.5B
Cost Of Revenue478.7M961.9M1.7B929.2M1.6B1.7B
Income Before Tax(2.4B)2.4B2.2B1.2B1.1B1.1B
Total Other Income Expense Net(2.4B)956.6M(415.6M)(759.2M)227.7M239.1M
Selling And Marketing Expenses23.6M155.8M313M273.9M315.0M330.7M
Net Income From Continuing Ops(1.8B)1.8B1.7B889M812.3M852.9M
Net Income Applicable To Common Shares(155.9M)(1.8B)1.8B1.7B1.9B2.0B
Tax Provision(573.0M)595.5M548.5M281.7M263M276.2M
Net Interest Income(43.5M)(43.7M)(62.9M)(88.6M)(89.7M)(85.2M)
Reconciled Depreciation357.7M546.0M806.5M865.2M975.2M722.9M

Pair Trading with Whitecap Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whitecap Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Whitecap Stock

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The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whitecap Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whitecap Resources to buy it.
The correlation of Whitecap Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Whitecap Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Whitecap Stock

Whitecap Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Whitecap Resources shareholders. The income statement also shows Whitecap investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).