CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - PrairieSky Royalty Ltd. (TSX:PSK) PrairieSky will release its fourth quarter and year end 2015 results on Monday, February 29, 2016 after markets close. The news release detailing PrairieSky's 2015 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference [Read more]
Archives for February 2016
BMO’s first-quarter profit climbs 7 per cent despite oil and gas loan concerns
TORONTO - The Bank of Montreal saw its first-quarter profit climb seven per cent to $1.07 billion, even as lagging energy prices took a bigger bite out of its loan books to the oil and gas sector. "We expected an increase in impaired loans in the oil and gas franchise in particular and we saw that, but it certainly wasn't a disaster," Edward Jones analyst Jim Shanahan said after BMO issued the results Tuesday. Analysts have been predicting that the dramatic decline in the price of crude [Read more]
Jones Energy, Inc. Schedules 2015 Fourth Quarter and Full-Year Earnings Release and Conference Call
AUSTIN, Texas--(BUSINESS WIRE)--Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) today announced that it plans to release its fourth quarter and full-year 2015 financial and operational results on Monday, March 7, 2016 after the market closes. In connection with the earnings release, Jones Energy will host a conference call for investors and analysts to discuss its results on Tuesday, March 8, 2016 at 10:30 a.m. ET (9:30 a.m. CT). The [Read more]
U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2015 Results
FREDERICK, Md., Feb. 23, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced a net loss of $15.3 million or $(0.29) per basic and diluted share for the fourth quarter ended Dec. 31, 2015 compared with net income of $33.2 million or $0.62 per basic share and $0.61 per diluted share for the fourth quarter ended Dec. 31, 2014. Our effective tax rate for the fourth quarter was 21%, resulting in a tax benefit of $4.2 million. Our fourth quarter results were negatively [Read more]
ONEOK Schedules 2016 Annual Meeting of Shareholders; Sets Record Date
TULSA, Okla., Feb. 23, 2016 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will hold its 2016 annual meeting of shareholders at 9 a.m. Central Daylight Time on May 25, 2016. The meeting also will be audio webcast on ONEOK's website, www.oneok.com. The record date for determining shareholders entitled to receive notice of the meeting and to vote is March 28, 2016. What: ONEOK, Inc. 2016 Annual Meeting of Shareholders When: 9 a.m. CDT, May 25, 2016 Where: ONEOK Plaza, 100 West 5th [Read more]
Pioneer Natural Resources to Present at Two Upcoming Conferences
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer will present at Simmons Energy Conference on Friday, March 4, at 10:15 a.m. PT. The conference will not be webcast. Also, Rich Dealy, Executive Vice President and Chief Financial Officer, will present at Raymond James Institutional Investors Conference on Tuesday, March 8, at 9:15 a.m. ET. Any interested [Read more]
National Bank expects low oil prices will raise loan losses in 2016
MONTREAL - National Bank said Tuesday it expects its loan losses will increase slightly this year as low crude prices put increased pressure on borrowers in oil-producing provinces."Absent an improvement in prices, we expect some producer loans on our watch list will migrate to impaired and additional provisions could be incurred," Bill Bonnell, executive vice-president of risk management, said during a conference call.During its first quarter, the Montreal-based bank — the smallest of Canada's [Read more]
Federal Trade Commission Grants Antitrust Approval of Proposed Combination of Dominion, Questar
RICHMOND, Va.--(BUSINESS WIRE)--Dominion Resources, Inc. (NYSE: D) and Questar Corporation (NYSE: STR) announced today that their proposed combination has cleared a key condition needed for completion. The Federal Trade Commission has granted early termination of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act with regard to the combination. Expiration or termination of the waiting period is one [Read more]
NuVista Energy Ltd. Presenting at 21st Annual Credit Suisse Energy Summit in Vail, CO
CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - NuVista Energy Ltd. (TSX:NVA) announces that Jonathan Wright, President and CEO of NuVista, will be presenting at the 21st Annual Credit Suisse Energy Summit in Vail, CO on Thursday, February 25th at 11:00am MST. His presentation will be available via Audio WebCast by entering https://cc.talkpoint.com/cred001/022216a_ae/?entity=35_8PIX0XJ INVESTOR INFORMATION NuVista is an independent Canadian oil and natural gas [Read more]
Climate test for resource projects would likely scuttle oilsands growth
OTTAWA - If Canada and the United States are serious about the climate commitments they made in Paris, they need to establish a common climate test for major resource projects that takes into account a low-carbon future, environmental groups said Tuesday.And they believe any such test is likely to rule out long-term infrastructure, such as pipelines, that leads to expansion of Canada's oil sands production."It's incompatible to be talking about being a leader on climate change and adhering to [Read more]
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