CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2023. KEY HIGHLIGHTS Transformed portfolio, increasing premium inventory to over 20 years and enhancing excess cash flow profile. Replaced over 900 percent of 2023 production on a 2P reserves basis including strategic A&D, or 150 percent organically. Generated [Read more]
Crescent Point confirms quarterly dividend
CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share, an increase of 15 percent from the prior level as previously announced. The base dividend is payable on April 1, 2024 to shareholders of record on March 15, 2024. Crescent Point's quarterly dividend is part of its overall return of capital framework [Read more]
Ovintiv reports fourth quarter and year-end 2023 financial and operating results
Strong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights: Full Year 2023 Generated net earnings of $2.1 billion, cash from operating activities of $4.2 billion, Non-GAAP Cash Flow of $3.9 billion and Non-GAAP Free Cash Flow of $1.2 billion after capital expenditures of $2.7 billion Exceeded high end of full year production guidance on every product with average total volumes [Read more]
BP p.l.c. announces upsize to $1,300,000,000 of cash tender offer of one series of USD notes
NEW YORK, Feb. 26, 2024 /PRNewswire/ -- BP p.l.c. ("BP") (NYSE: BP) (LSE: BP) today announced the upsizing to $1,300,000,000 of the previously announced cash tender offer by its wholly-owned subsidiary BP Capital Markets p.l.c. (the "Offeror") to purchase for cash Notes issued by the Offeror (the "Tender Offer"). The Offeror has amended the terms of the Tender Offer to increase the aggregate principal amount of the Notes that may be purchased pursuant to the Tender Offer (the "Offer Cap"), as [Read more]
TransAlta reports full year and fourth quarter 2023 results and announces enhanced share repurchase program
CALGARY, AB, Feb. 23, 2024 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2023, which highlight another year of exceptional performance led by strong financial, operational and safety results. Full Year 2023 Financial Highlights Key financial guidance and targets increased twice during 2023 Adjusted EBITDA(1) of $1,632 million, compared to $1,634 million from [Read more]
Crescent Point announces Q4 and year-end 2023 results conference call
CALGARY, AB, Feb. 22, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its fourth quarter and year-end 2023 financial and operating results via press release prior to the opening of markets on Thursday, February 29, 2024. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event via webcast. To [Read more]
Enerplus announces an 8% increase to its quarterly cash dividend for March 2024
CALGARY, AB, Feb. 21, 2024 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2024 dividend, which is payable to all shareholders of record at the close of business on March 4, 2024. The ex-dividend date for this payment is March 1, 2024. The US$0.065 per share dividend is equivalent to approximately CDN$0.088 per share if converted using the current US/Canadian dollar [Read more]
Enerplus announces fourth quarter and full year 2023 financial and operating results
All financial information contained within this news release has been prepared in accordance with U.S. GAAP and is presented in U.S. dollars. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Production information, unless otherwise stated, is presented on a net basis (after deduction of royalty obligations). Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. [Read more]
Chord Energy and Enerplus to combine in $11 billion transaction creating premier Williston-Focused E&P company with top-tier shareholder returns
Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage; Strong Balance Sheet and Significant Liquidity at Close Transaction [Read more]
Western Midstream statement regarding recent media coverage
HOUSTON, Feb. 20, 2024 /PRNewswire/ -- Western Midstream Partners, LP (NYSE:WES) ("WES" or the "Partnership") is aware of recent news coverage indicating that WES is working towards a sales process. WES has not launched a sales process nor has it engaged bankers or other advisors with a view toward doing so. We are aware, as has been publicly stated, that Occidental Petroleum Corporation ("Oxy") has expressed interest in divesting assets. We cannot speak to the composition of the assets Oxy may [Read more]