OTTAWA, Oct. 30, 2015 /CNW/ - Affected product(s): Propane gas manufactured by Crescent Point Energy and sold for use in portable tanks or delivered to storage tanks in Saskatchewan and Manitoba Product description: Propane gas manufactured by Crescent Point Energy and distributed by various companies throughout Saskatchewan and Manitoba. The propane gas was delivered by various companies directly to consumers for use in storage tanks or sold at retail locations for use in portable [Read more]
Archives for October 2015
Baytex to Hold Conference Call and Webcast on Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Oct. 30, 2015) - Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) will release its 2015 third quarter financial and operating results prior to the opening of markets on Friday, November 6, 2015. A conference call and webcast will be held shortly thereafter to discuss the results and address investor questions. Conference Call Details: [Read more]
Russel Metals Declares Common Share Dividend
TORONTO, Oct. 30, 2015 /CNW/ - Russel Metals Inc. (RUS - TSX) announced today that it has declared a dividend in the amount of Cdn$0.38 per share on its common shares, payable on December 15, 2015 to shareholders of record at the close of business on November 25, 2015. Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various [Read more]
Russel Metals Announces 2015 Third Quarter Results
TORONTO, Oct. 30, 2015 /CNW/ - Russel Metals Inc. (RUS - TSX) today announced financial results for the 2015 third quarter. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Revenues $ 773 $ 1,039 $ 2,439 $ 2,856 EBIT 1 $ 19 $ 63 $ 87 $ 173 Net Income $ 13 $ 33 $ 48 $ 93 Earnings per Share $ 0.21 $ 0.54 $ 0.77 $ 1.51 Cash from [Read more]
New Brunswick, Saskatchewan premiers meet to talk up Energy East pipeline project
REGINA - New Brunswick Premier Brian Gallant continued his western trip talking up the Energy East pipeline in Saskatchewan.Gallant met with Saskatchewan Premier Brad Wall in Regina.They talked about the benefits of the proposed $12-billion TransCanada line that would take oil from Alberta and Saskatchewan across the country to refineries and ports in the East, ending in New Brunswick.Gallant says the project would create thousands of jobs across the country and at the same time diversify [Read more]
Notley sympathetic to energy woes but no short-term lifelines contemplated
CALGARY - Alberta Premier Rachel Notley says she sympathizes with the plight of energy companies and their employees due to low oil prices, but her government isn't in a position to offer any short-term lifelines.The Canadian Association of Petroleum Producers has estimated 36,000 jobs in the oil and gas sectors have been shed so far this year."We know of course that where these jobs disappear that it's very hard for families. It's very hard for communities. It's very hard ... for the people who [Read more]
Energen Declares Quarterly Cash Dividend
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of Energen Corporation (NYSE: EGN) today declared a quarterly cash dividend of 2 cents per share payable December 1, 2015, to shareholders of record on November 13, 2015. Energen Corporation is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. At year-end 2014, the company had 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 billion barrels of [Read more]
New Gulf Resources, LLC Announces The Hiring Of Financial And Legal Advisors
TULSA, Okla., Oct. 30, 2015 /PRNewswire/ -- New Gulf Resources, LLC (the "Company" or "NGR") announced today that it has hired Barclays as financial advisor and Baker Botts L.L.P. as legal advisor to advise the Company regarding all potential strategic alternatives to enhance liquidity and address the Company's capital structure. About New Gulf Resources, LLC New Gulf Resources, LLC (www.newgulfresources.com) is based in Tulsa, Oklahoma and owns, manages and operates upstream energy projects, [Read more]
Diamondback Energy, Inc. and Viper Energy Partners LP Schedule Joint Third Quarter 2015 Conference Call for November 4, 2015
MIDLAND, Texas, Oct. 30, 2015 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) and its subsidiary Viper Energy Partners LP (NASDAQ:VNOM) today announced that they plan to release their respective third quarter 2015 financial results on Tuesday, November 3, 2015 after the market closes. In connection with the earnings releases, Diamondback Energy, Inc. and Viper Energy Partners LP will host a joint conference call and webcast for investors and analysts to discuss their results for the [Read more]
North Dakota allows energy drillers to leave oil in ground longer in hopes of price rise
BISMARCK, N.D. - Depressed oil prices have helped build an inventory of about 950 drilled but uncompleted wells in North Dakota. Companies are supposed to bring the wells online within a year but North Dakota officials last week decided to give drillers an extra year, hoping for a rebound in crude prices that would provide the state with a better long-term payoff in tax revenue.MORE TIMENorth Dakota's all-Republican Industrial Commission led Gov. Jack Dalrymple last week allowed well owners to [Read more]
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