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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. 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 … *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article? CONFIRMS MONTHLY DIVIDEND FOR DECEMBER OF $0.01425 PER... Read All. Published September 7, 2018 Updated September 7, 2018 . Comments that violate our community guidelines will not be posted. Be smart with your money. Our research team consists of equity analysts with a public, market-beating track record. President and CEO of Whitecap Resources Inc Grant Fagerheim at his headquarters in Calgary, Alberta in 2013. Concerned about the content? Stock analysis for Whitecap Resources Inc (WCP:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. 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. Avoid the use of toxic and offensive language. Welcome to The Globe and Mail’s comment community. petroleum resource in the world. We sequester and store almost. 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. Whitecap Resources Inc. and TORC Oil & Gas Ltd. announced a business combination of “two strong energy franchises resulting in a well-capitalized, low … Next, we'll consider growth that the business demonstrates. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Published September 7, 2018 . Follow topics and authors relevant to your reading interests. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. As of mid-week, Whitecap Resources Inc. has done relatively better, dropping about 10 per cent since June 8. Please read our Financial Services Guide before deciding whether to obtain financial services from us. So it looks like Whitecap Resources compensates Grant Fagerheim in line with the median for the industry. Whitecap issued approximately 58.3 million Whitecap common shares in exchange for all the issued and outstanding … Our regulatory foundation makes Canadian oil & gas the. Grant Fagerheim. We hope to have this fixed soon. We aim to have all comments reviewed in a timely manner. For … Alternatively, email editorial-team@simplywallst.com. We'd stop short of saying compensation is inappropriate, but we would understand if shareholders had questions regarding a future raise. So shareholders would probably want the company to be lessto generous with CEO compensation. Read our, I'm a print subscriber, link to my account, Read more about following topics and authors. The decline in EPS is a bit concerning. Published October 23, 2020 Updated October 23, 2020 . The company acquires assets with discovered petroleum initially in place and low current recovery factors. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. We aim to bring you long-term focused analysis driven by fundamental data. This article will reflect on the compensation paid to Grant Fagerheim who has served as CEO of Whitecap Resources Inc. ( TSE:WCP) since 2008. “I share the concerns being outlined in the attached letter,” Fagerheim wrote. Get in touch with us directly. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. In August, Whitecap agreed to acquire Calgary-based NAL Resources Ltd. for $155 million. For Subscribers. Grade K … Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. Whitecap Resources CEO bets on an uptrend. 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 … January 2021 investor presentation. Thank you for your patience. 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. 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"). The company CEO, Grant Fagerheim, said that it was considering the offer, but would only move if it benefited shareholders. list of high return, low debt companies is a great place to look. Special to The Globe and Mail . Promoted If you’re looking to trade Whitecap Resources, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. 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. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. "Whitecap Resources Inc focuses on the acquisition, development, optimization, and production of crude oil and natural gas in western Canada. Ted Dixon. In the last year, its revenue is down 19%. 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