CALGARY, ALBERTA--(Marketwired - April 30, 2015) - MEG Energy Corp. (TSX:MEG) announces that it intends to release its financial results for the first quarter ended March 31, 2015 on Thursday, May 7, 2015. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time (9:30 a.m. Eastern Time) on Thursday, May 7, 2015. The U.S./Canada toll-free conference call number is 1 800-396-7098. The international/local conference call number is 416-340-8527. A [Read more]
Archives for April 2015
ZaZa Energy Announces Equity Raise of $2.5 Million
HOUSTON, TX--(Marketwired - April 30, 2015) - ZaZa Energy Corporation ("ZaZa" or the "Company") (NASDAQ: ZAZA) today announced that the Company has closed on a definitive agreement with an institutional investor for a cash financing of $2.5 million in gross proceeds.Under the terms of the agreement, ZaZa has issued shares of its newly designated Series A 5% Convertible Preferred Stock in a private placement (the "Preferred Stock"). The Preferred Stock has a total liquidation preference of $2.5 [Read more]
Lower Oil Prices Boost Prospects for Global Economic Growth
HIGHLIGHTS World economy is forecast to expand by close to 3 per cent this year and 3.2 per cent in 2016. Most of the world's major economies import millions of barrels of oil per day, including the United States, Europe, Japan, China, and India, and benefit from the decline in world oil prices. The U.S. economy is set to expand at around 3 per cent over the next two years. OTTAWA, April 30, 2015 /CNW/ - Growth in the global economy is expected to pick up slightly this year, mainly due to the [Read more]
Second quarter dividend declaration
CALGARY, April 30, 2015 /CNW/ - Imperial Oil Limited today declared a quarterly dividend of 13 cents per share on the outstanding common shares of the company, payable on July 1, 2015, to shareholders of record at the close of business on June 4, 2015. This second quarter 2015 dividend compares with the first quarter 2015 dividend of 13 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The [Read more]
Imperial announces estimated first quarter financial and operating results
For the three months ended March 31, 2015 CALGARY, April 30, 2015 /CNW/ - First quarter (millions of dollars, unless noted) 2015 2014 % Net income (U.S. GAAP) 421 946 (55) Net income per common share - assuming dilution (dollars) 0.50 1.11 (55) Capital and exploration expenditures 1,050 1,234 (15) Rich Kruger, Chairman, [Read more]
AltaGas Ltd. Reports First Quarter Results and Increases Dividend 8.5 Percent
CALGARY, ALBERTA--(Marketwired - April 30, 2015) - AltaGas Ltd. (TSX:ALA) - Highlights Increased dividend by $0.0125 per share per month ($1.92 per share annualized) beginning with the June 15, 2015 payment; $178 million in normalized EBITDA; $140 million in normalized funds from operations; $57 million in normalized net income; Strong operating results from Forrest Kerr and Volcano Creek; and [Read more]
Penn West Announces 2015 Second Quarter Dividend
CALGARY, April 30, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West") announces that the Board of Directors has declared a second quarter 2015 dividend of $0.01 per share to be paid on July 15, 2015 to shareholders of record at the close of business on June 30, 2015. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Penn West Penn West is one of the largest conventional oil and natural gas [Read more]
Penn West Announces Its Financial And Operational Results For The First Quarter Ended March 31, 2015
CALGARY, April 30, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the first quarter ended March 31, 2015. All figures are in Canadian dollars unless otherwise stated. Three months ended March 31 2015 2014 % change Financial (millions, except per share amounts) Gross revenues [Read more]
Shell sees revenue dive due to slide in energy prices, but profits above forecasts
LONDON - Oil company Royal Dutch Shell on Thursday reported better-than-expected profits, though sales were hammered by the drop in global energy prices.It said its first-quarter profit rose 7 per cent, thanks to a good performance in the refining division as well as to the fact that year-earlier figures were weighed down by one-time charges.The current cost of supplies, a measure of profit used in the industry that strips out fluctuations in the value of oil stocks, increased to $4.76 billion [Read more]
Talisman Announces Anticipated Date for Completion of Acquisition by Repsol
CALGARY, ALBERTA--(Marketwired - April 30, 2015) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announces that the completion of the acquisition of Talisman by Repsol S.A. is scheduled to occur on May 8, 2015. Regulatory approvals required under the arrangement agreement with Repsol have been obtained. The completion of the transaction remains subject to the satisfaction of customary closing deliverables. Talisman Energy Inc. is a global upstream oil and gas company, headquartered in Canada. [Read more]
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