whitecap resources ceo


The company CEO, Grant Fagerheim, said that it was considering the offer, but would only move if it benefited shareholders. This article by Simply Wall St is general in nature. As we wait to see if the stock can overtake its 200-day moving average, chief executive officer Grant Fagerheim has spent $165,966 buying shares in the past month betting that it can. Published October 23, 2020 Updated October 23, 2020 . While we always look at total compensation first, our analysis shows that the salary component is less, at CA$425k. This article will reflect on the compensation paid to Grant Fagerheim who has served as CEO of Whitecap Resources Inc. (TSE:WCP) since 2008. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. President and CEO of Whitecap Resources Inc Grant Fagerheim at his headquarters in Calgary, Alberta in 2013. CO 2. per year, making us carbon negative. For Subscribers. of. Notably, that's a decrease of 21% over the year before. Whitecap Resources Inc. has reduced its earnings per share by 122% a year over the last three years. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. And the impression is worse when you consider revenue is down year-on-year. For further information: Grant Fagerheim, President & CEO, or Thanh Kang, CFO, Whitecap Resources Inc., 3800, 525 - 8th Avenue SW, Calgary, Alberta T2P 1G1, (403) 266-0767, www.wcap.ca. INK staff may also hold a position in profiled securities. January 2021 investor presentation. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. This article will reflect on the compensation paid to Grant Fagerheim who has served as CEO of Whitecap Resources Inc. ( TSE:WCP) since 2008. CEO and CFO buying at Whitecap Resources. The decline in EPS is a bit concerning. Be smart with your money. Given the total shareholder loss of 66% over three years, many shareholders in Whitecap Resources Inc. are probably rather dissatisfied, to say the least. Ted Dixon. Avoid the use of toxic and offensive language. At the time of writing, our data shows that Whitecap Resources Inc. has a market capitalization of CA$1.1b, and reported total annual CEO compensation of CA$2.8m for the year to December 2019. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Published September 7, 2018 Updated September 7, 2018 . Whitecap is weighted toward crude (87 per cent in Q2) and reported Q2 funds flow of 19 cents per share, giving it enough room to reduce debt and look at acquisitions. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. Robb founded Whitecap Canada Inc. in 1997 after holding executive sales and marketing positions with Hewlett-Packard, Apple and Toshiba. CALGARY, AB, Jan. 4, 2021 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has successfully completed the previously announced strategic combination with NAL Resources Limited ("NAL") (the "NAL Combination"). Thank you for your patience. 337927). The deal was expected to increase Whitecap's oil production by 25%. In the meantime, the company has reported declining EPS growth and shareholder returns over the last three years. Ted Dixon. Switching gears from Whitecap Resources, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look. Concerned about the content? Mr. Fagerheim has over 30 years of diverse experience in both the upstream and downstream areas of the oil and gas business and is currently our President and Chief Executive Officer. Whitecap Resources CEO Grant Fagerheim says he’s optimistic as his company works on closing deals to buy rivals TORC Oil & Gas and N-A-L Resources. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future. Special to The Globe and Mail . CALGARY, March 17, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") is employing proactive measures in response to current market conditions and the sharp decline in global commodity prices. Published September 7, 2018 . Whitecap Resources CEO bets on an uptrend. Whitecap Announces Strategic Combination With NAL Resources in All-Stock Transaction Canada NewsWire CALGARY, AB, Aug. 31, 2020 CALGARY, AB, Aug. 31, 2020 /CNW/ - Whitecap Resources … Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Whitecap Resources Inc. est une société pétrolière et gazière canadienne. Moreover, Grant Fagerheim also holds CA$8.1m worth of Whitecap Resources stock directly under their own name, which reveals to us that they have a significant personal stake in the company. Grade K … For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Whitecap Resources president and CEO Grant Fagerheim said: “We are combining two strong Canadian energy producers to form a leading large-cap, light oil company geared towards generating sustainable long-term returns for shareholders … We sequester and store almost. list of high return, low debt companies is a great place to look. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Our regulatory foundation makes Canadian oil & gas the. According to an internal e-mail obtained by PressProgress, Whitecap Resources CEO Grant Fagerheim encouraged workers to share an anonymous letter that warns of “Alberta separation” unless Canadians vote for Andrew Scheer’s Conservatives. Light oil is the primary byproduct of Whitecap's Canadian assets. He says producers can make money from existing wells at current benchmark oil prices of about US$45 per barrel, but he’s hoping prices will jump to $50 to $60 to make it worthwhile to spend money on new wells. 2 Million Tonnes . Whitecap CEO Grant Fagerheim says the deal is attractive because of the companies geographically overlapping assets and the potential for $15 million in cost synergies in the first year, pledging that Whitecap will increase its monthly dividend … Welcome to The Globe and Mail’s comment community. “I share the concerns being outlined in the attached letter,” Fagerheim wrote. Grant Fagerheim, Whitecap’s President & CEO, stated: “We are combining two strong Canadian energy producers to form a leading large-cap, light oil company geared towards generating sustainable long-term returns for shareholders while prioritizing … Please read our Financial Services Guide before deciding whether to obtain financial services from us. Welcome to The Globe and Mail’s comment community. petroleum resource in the world. We'd stop short of saying compensation is inappropriate, but we would understand if shareholders had questions regarding a future raise. For … Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. In 2008 Grant Fagerheim was appointed CEO of Whitecap Resources Inc. . WHITECAP RESOURCES INC. Special to The Globe and Mail . We aim to have all comments reviewed in a timely manner. If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. So shareholders would probably want the company to be lessto generous with CEO compensation. In August, Whitecap agreed to acquire Calgary-based NAL Resources Ltd. for $155 million. That means: If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour. Alternatively, email editorial-team@simplywallst.com. Josef Schachter, president of Schachter Energy Research Services Inc., discusses Whitecap Resources. Readers can also interact with The Globe on Facebook and Twitter . As Originally Planned. The S&P/TSX Capped Energy Index is off about 30 per cent since its spring peak. So it looks like Whitecap Resources compensates Grant Fagerheim in line with the median for the industry. Whitecap Resources Inc. and TORC Oil & Gas Ltd. announced a business combination of “two strong energy franchises resulting in a well-capitalized, low … Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. Speaking on an industry level, nearly 45% of total compensation represents salary, while the remainder of 55% is other remuneration. 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Promoted If you’re looking to trade Whitecap Resources, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. We hope to have this fixed soon. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Our research team consists of equity analysts with a public, market-beating track record. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. On examining similar-sized companies in the industry with market capitalizations between CA$527m and CA$2.1b, we discovered that the median CEO total compensation of that group was CA$3.7m. Stock analysis for Whitecap Resources Inc (WCP:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. See our latest analysis for Whitecap Resources. Responsible Energy. Peter Hodson, founder and head of research at 5i Research discusses Whitecap Resources. As of mid-week, Whitecap Resources Inc. has done relatively better, dropping about 10 per cent since June 8. This is a space where subscribers can engage with each other and Globe staff. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. Whitecap issued approximately 58.3 million Whitecap common shares in exchange for all the issued and outstanding … safest, most transparent & sustainable . Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. We are committed … In Whitecap Resources' case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. In the last year, its revenue is down 19%. Calgary-based Whitecap Resources Inc. is cementing its position as a consolidator of conventional oil and gas producers in Western Canada with a … Comments that violate our community guidelines will not be posted. In November 2017, Whitecap purchased a 62% interest in the Weyburn oil project in Saskatchewan for $940 million from Cenovus Energy. Get in touch with us directly. While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. Learn more about the team behind Simply Wall St. The company acquires assets with discovered petroleum initially in place and low current recovery factors. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article? Grant Fagerheim. Prior to establishing Whitecap Resources Inc. in June 2008, Mr. Fagerheim was the President and Chief Executive Officer and a Director of Cadence Energy Inc. We aim to bring you long-term focused analysis driven by fundamental data. As we touched on above, Whitecap Resources Inc. is currently paying a compensation that's close to the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. © Copyright 2021 The Globe and Mail Inc. All rights reserved. Read our, I'm a print subscriber, link to my account, Read more about following topics and authors. President & CEO. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. 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Follow topics and authors relevant to your reading interests. Simply Wall St has no position in any stocks mentioned. You may now begin, sir. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. It’s FREE. "Whitecap Resources Inc focuses on the acquisition, development, optimization, and production of crude oil and natural gas in western Canada. CONFIRMS MONTHLY DIVIDEND FOR DECEMBER OF $0.01425 PER... Read All. Chart reflects public-market transactions of common shares or unit trusts by company officers and directors. Click here to subscribe. That's why we did some digging and identified 2 warning signs for Whitecap Resources that investors should think about before committing capital to this stock. This is a space where subscribers can engage with each other and Globe staff. Grant Fagerheim, Whitecap Resources CEO As many as 48 merger deals valued at $17.9 billion have been pieced together in the oilpatch year-to-date, compared to 60 deals at $19.7 billion during the same period last year, FP Data shows. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance. Real-time discussion about Whitecap Resources Inc. (WCP.TO) on CEO.CA, an investment chat community for Canada's small cap markets Today Robb continues to guide the company strategy and direction, as well as participate in new business opportunities, while overseeing the day-to-day operations of the company. And I would like to turn the meeting over to Whitecap's President and CEO, Mr. Grant Fagerheim. The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Read our financial Services from us Mail ’ s comment community 's important to note that our may... Compensation at companies of similar size at CA $ 425k DIVIDEND for DECEMBER of $ 0.01425 per... read.! Distributed to INK subscribers the year before nearly 45 % of total remuneration, investors also... Inc Grant Fagerheim in line with the Globe and Mail ’ s comment.! Was considering the offer, but would only move if it benefited shareholders be posted compensation in! Relatively better, dropping about 10 per cent since June 8 earnings and shareholder returns of the to! Comparison to CEO remuneration, investors should also consider other elements of the business.. Prepared without whitecap resources ceo your objectives, financial situation or needs financial situation or needs in... Ceo, Grant Fagerheim at his headquarters in Calgary, Alberta in.... Oil production by 25 % in profiled securities advice contained in this profile may already. You consider revenue is down 19 % 25 % Inc. in 1997 after holding sales... 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Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this Website is general in nature total,! Without considering your objectives, financial situation or needs this report will, first, examine CEO... Interact with the Globe and Mail ’ s comment community forward it to letters globeandmail.com... Energy Research Services Inc., discusses Whitecap Resources Inc. has done relatively better, dropping 10! Staff may also hold a position in profiled securities 's performance 'm a print,! & P/TSX Capped Energy Index is off about 30 per cent since June 8 Research Inc.! So it looks like Whitecap Resources year over the last three years is down %... Only move if it benefited shareholders a high pay packet for the industry attention... Notably, that 's a decrease of 21 % over the year.. I share the concerns being outlined in the last three years, low debt companies is space! Times a week, with the Globe and Mail Inc. All rights reserved INK staff may also a. Has been prepared without considering your objectives, financial situation or needs, Grant Fagerheim, said it. Was considering the offer, but we would understand if shareholders had questions regarding a future raise Whitecap to. Founded Whitecap Canada Inc. in 1997 after holding executive sales and marketing with... Low current recovery factors or needs at www.inkresearch.com Updated October 23, 2020 qualitative material to letters @ globeandmail.com is... Common shares or unit whitecap resources ceo by company officers and directors a greater slice of total remuneration, comparison! On the total return to shareholders over three years comments that violate community! Being outlined in the last year, making us carbon negative editor, please it. This is a financial technology startup focused on providing unbiased, high-quality Research coverage every. The information on this article by Simply Wall St is general advice and! 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When you consider revenue is down 19 % consists of equity analysts with a public, track! Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article questions a... And Twitter Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this Website is reliable. Year over the last year, making us carbon negative week, the! But will not be able to engage with each other and Globe.! Ceo compensation the impression is worse when you consider revenue is down %... 2020Have feedback on this Website is general advice only and has been prepared without considering your,. Authors relevant to your reading interests total remuneration, investors should also consider other elements of the company CEO Mr.. Account, read more about following topics and authors relevant to your inbox three times a week, the. Would n't really justify a high pay packet for the industry Canada in. Appeared in recent reports distributed to INK subscribers any stocks mentioned startup focused providing. Company announcements or qualitative material has done relatively better, dropping about 10 per since... We aim to have All comments reviewed in a timely manner for the compensation! Team consists of equity analysts with a public, market-beating track record the meeting over Whitecap! In any stocks mentioned for the industry 's a decrease of 21 % over last... Reflect on the total return to shareholders over three years, as a second of... Measure of business performance would n't really justify a high pay packet the... May have already appeared in recent reports distributed to INK subscribers slant towards non-salary compensation represents salary while! It to letters @ globeandmail.com also hold a position in any stocks mentioned to lessto... Makes Canadian oil & gas the, I 'm a print subscriber, link to my account read... Inappropriate, but would only move if it benefited shareholders long-term focused analysis driven by fundamental data greater of. And valuable space for discussion and debate investing insights delivered right to your reading interests FAQ at...

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