Whitecap Resources (TSX: WCP) is expected to report third-quarter 2026 results after market close on Wednesday, October 28. Analysts expect earnings per share (EPS) of about C$0.32. In its last four comparable quarters, the company beat estimates twice and missed twice.
The Calgary-based oil and gas producer’s results will show whether earnings can keep pace with a higher year-over-year comparison and whether revenue growth is translating into profit per share. Follow WCP.TO on the Whitecap Resources stock page.
Recent earnings trend
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Whitecap Resources Inc.
WCP.TO
WCP.TO
Whitecap Resources Inc.
WealthAwesomeMarket cap
$24.84B
P/E
17.6x
Div. yield
3.60%
Div. / share
$0.73
52W high
$20.79
52W low
$9.72
1W change
+1.29%
Beta
0.84
Analyst Price Targets
Based on analyst covering WCP · as of Oct 26, 2026
Wall Street analysts forecast WCP stock price to rise 7.0% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.87
+7.0% Upside
Previously C$21.76 on Oct 23, 2026
Current Price
C$20.43
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WCP's historical volatility
30-Day Vol
27.4%
Annualized
90-Day Vol
29.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$24.42
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$21.68 | C$19.73 – C$23.83 |
| 60 trading days | C$23.01 | C$20.13 – C$26.31 |
| 90 trading days | C$24.42 | C$20.73 – C$28.77 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | — | 0.3000 | — |
| 2026-06-30 | 2026-07-29 | 0.7300 | 0.4400 | +65.9% |
| 2026-03-31 | 2026-04-29 | 0.0200 | 0.2400 | -91.7% |
| 2025-12-31 | 2026-02-23 | 0.2500 | 0.2000 | +25.0% |
| 2025-09-30 | 2025-10-22 | 0.1700 | 0.2300 | -26.1% |
| 2025-06-30 | 2025-07-23 | 0.3300 | 0.1700 | +94.1% |
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Investor takeaway: The outlook is mixed. Analysts expect EPS of about C$0.32 and revenue of C$2.23 billion, but the EPS estimate has fallen from C$0.35 over the past 30 days. Whitecap’s recent record gives investors no clear reason to expect a beat. For Canadian investors, the report is also a chance to assess earnings alongside the company’s monthly dividend and exposure to commodity prices.
C$0.32 EPS consensus
Two analysts estimate third-quarter EPS of C$0.31 to C$0.32, with revenue consensus at C$2.23 billion. The EPS estimate is down from C$0.35 a month ago. Whitecap reported EPS of C$0.17 in the year-ago quarter, so the current consensus points to estimated growth of 85.3%.
Bull case
Analysts expect EPS to grow 85.3% and revenue to rise 34.1% from a year earlier. In its latest reported quarter, ended June 30, Whitecap posted EPS of C$0.73, above the C$0.44 estimate. If third-quarter results show that earnings growth is holding up, investors may see support for the company’s shareholder returns. Whitecap confirmed a monthly dividend of C$0.0608 per share for October operations.
Bear case
The EPS estimate has fallen from C$0.35 to C$0.32 in the past 30 days. Among tracked revisions, one analyst lowered the estimate and none raised it. Whitecap has also had mixed results over its last four quarters, with two beats and two misses, including a sizable miss for the quarter ended March 31, 2026. As an oil and gas producer, the company remains exposed to commodity prices and the costs of developing its assets. Strong year-over-year growth alone won’t show whether its earnings are sustainable.
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