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Whitecap Resources (TSX:WCP) Capex-to-Operating-Income : 2.09 (As of Mar. 2024)


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What is Whitecap Resources Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Whitecap Resources's Capital Expenditure for the three months ended in Mar. 2024 was C$-393.20 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$187.80 Mil.

Hence, Whitecap Resources's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 2.09.


Whitecap Resources Capex-to-Operating-Income Historical Data

The historical data trend for Whitecap Resources's Capex-to-Operating-Income 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.

* Premium members only.

Whitecap Resources Capex-to-Operating-Income Chart

Whitecap Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 10.68 0.67 0.39 1.10

Whitecap Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.06 0.94 1.38 2.09

Competitive Comparison of Whitecap Resources's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Whitecap Resources's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Whitecap Resources's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Whitecap Resources's Capex-to-Operating-Income falls into.



Whitecap Resources Capex-to-Operating-Income Calculation

Whitecap Resources's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1124.9) / 1024.5
=1.10

Whitecap Resources's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-393.2) / 187.8
=2.09

* 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.


Whitecap Resources  (TSX:WCP) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Whitecap Resources Capex-to-Operating-Income Related Terms

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Whitecap Resources (TSX:WCP) Business Description

Traded in Other Exchanges
Address
3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
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. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

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