Whitecap Resources Inc. provided earnings and production guidance for the year 2016. For the year, the company reduced 53% to $70 million from its previous guidance on December 15, 2015 of $150 million. The company expects fund flow of $251 million against previous estimation of $374 million.

For the year 2016, The company expects average production of 37,000 boe/d compared to 40,100 boe/d.