Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Whitecap Resources's shares outstanding for the quarter that ended in Mar. 2026 was 1,214 Mil.
Whitecap Resources's quarterly shares outstanding
declined
from Dec. 2025 (1,214 Mil) to Mar. 2026 (1,214 Mil).
It means Whitecap Resourcesbought back shares from Dec. 2025 to Mar. 2026 .
Whitecap Resources's annual shares outstanding
increased
from Dec. 2024 (588 Mil) to Dec. 2025 (1,214 Mil).
It means Whitecap Resourcesissued new shares from Dec. 2024 to Dec. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Whitecap Resources Shares Outstanding (EOP) Related Terms
Whitecap Resources Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Whitecap Resources's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WCPRF vs COP, EOG, OXY: Shares Outstanding (EOP) Comparison
For the Oil & Gas E&P subindustry, Whitecap Resources's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Whitecap Resources Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Whitecap Resources's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Whitecap Resources's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 1,214 Mil mean?
Whitecap Resources (WCPRF) has a Shares Outstanding (EOP) of 1,214 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Whitecap Resources and its competitors.
Is Whitecap Resources' Shares Outstanding (EOP) too high?
Whitecap Resources' current Shares Outstanding (EOP) is 1,214 Mil. Overall, Whitecap Resources has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Whitecap Resources' Shares Outstanding (EOP) compare to COP and EOG?
Whitecap Resources' Shares Outstanding (EOP) of 1,214 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Oil & Gas company?
A good Shares Outstanding (EOP) depends on the Oil & Gas industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Whitecap Resources and its competitors. Whitecap Resources's current Shares Outstanding (EOP) is 1,214 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitecap Resources stock overvalued right now?
Based on GuruFocus' analysis, Whitecap Resources (WCPRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.64, compared to a current price of $10.69 — trading 61% above its estimated fair value. The current Shares Outstanding (EOP) is 1,214 Mil. Whitecap Resources' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Whitecap Resources (WCPRF), the current Shares Outstanding (EOP) is 1,214 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Whitecap Resources (WCPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Whitecap Resources stock appears to be overvalued.
The current stock price of $10.69 is trading 61% above its estimated GF Value™ of $6.64.
GuruFocus considers Whitecap Resources to be Significantly Overvalued.
Key valuation signals for WCPRF:
Shares Outstanding (EOP): 1,214 Mil
GF Value™: $6.64 vs. price of $10.69 (61% above fair value)
No single metric tells the full story. See the WCPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets.
73GF Score
Get the complete analysis for WCPRF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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