03:46 PM EST - Whitecap Resources Inc. : announced financial statements for the year ended December 31, 2013. Whitecap generated annual funds from operations of $278.8 million ($1.84 per fully diluted share) compared to $193.9 million ($1.68 per fully diluted share) in 2012, an increase of 44% on an absolute basis and 10% on a fully diluted share basis. The company declared dividends of $93.0 million ($0.61 per share) in 2013 resulting in a basic payout ratio of 33% and a total payout ratio of 102% in Whitecap's first year as a dividend-growth company. Whitecap Resources Inc.
shares T.WCP are trading down $0.10 at $12.47.
