US Edition
Whitecap, fresh off Veren deal, reports higher production in Q2
- Whitecap Resources Inc. has reported higher revenues and oil and gas production in its latest quarterly results after merging with Veren Inc. for $15 billion.
- During the period, Whitecap produced 292,754 barrels of oil equivalent per day, up from 177,314 barrels.
- Following the merger, Whitecap became the largest landholder in the Montney and Duvernay shales and the second-largest oil producer in Saskatchewan.
- Chief Executive Grant Fagerheim noted there have been 'plenty of early wins' in integrating the new assets and cutting corporate costs.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
Sask Today+6 Reposted by 6 other sources
Whitecap, fresh off Veren deal, reports higher production in Q2
CALGARY — Whitecap Resources Inc., fresh off its $15-billion combination with Veren Inc., has reported higher revenues and oil and gas production in its latest quarterly results. The Calgary-based oil and gas producer says net income was $310.
Whitecap Resources Inc. reports strong second quarter results driven by operational and financial performance
CALGARY, AB, July 23, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2025. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements
Coverage Details
Total News Sources12
Leaning Left5Leaning Right0Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
C 17%
Factuality
To view factuality data please Upgrade to Premium
