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Whitecap Resources (FRA:J6I) Cash Receipts from Fees and Commissions


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What is Whitecap Resources Cash Receipts from Fees and Commissions?

Cash Receipts from Fees and Commissions only applicable to companies reporting Cash Flow from Operations in direct method.


Whitecap Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Whitecap Resources Inc (FRA:J6I) » Definitions » Cash Receipts from Fees and Commissions
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.