Encana Corp on Tuesday estimated fourth-quarter production from its core assets would top its own forecast, helped by the Canadian oil and gas producer's efforts to revamp its business. The company - in the middle of a five-year plan to boost its output growth rate - has benefited from focusing on four core North American basins: the Montney and Duvernay in Canada, and the Eagle Ford and Permian in the United States. Calgary, Alberta-based Encana said it estimates production from [Read more]
Archives for January 2018
Murphy Oil Corporation to Host Fourth Quarter 2017 Conference Call and Webcast
EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE:MUR) today announced it will release fourth quarter 2017 earnings after market close on Wednesday, January 31, 2018. The company will host a conference call and webcast for investors and analysts beginning at 11:00 a.m. Eastern Time (ET), on Thursday, February 1, 2018. Senior management will review year-end 2017 results as well as provide 2018 guidance and an updated multi-year outlook. [Read more]
Encana delivers strong finish to 2017; innovation, execution and efficiency set the stage for self-funded growth in 2018
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Encana (TSX:ECA) (NYSE:ECA) delivered strong performance through the fourth quarter of 2017 to close another year successfully executing its strategy, delivering significant oil and condensate growth and driving additional efficiency gains. Supported by the strong finish to 2017, the company is firmly on track to meet or exceed the targets in the five-year plan shared at its Investor Day in October 2017. Driven by its focus on innovation and [Read more]
Canada’s 1st VIRTUAL Trade Show For the Oil and Gas Industry May 8th and 9th 2018
Click here to view the video about the Industry Connect event May 8-9th 2018 from 5 Star Media Group on Vimeo. Free Registration for a limited time Click here to pre-register for this revolutionary industry only event which will offer solutions that reduce your operating costs and improve your bottom line. Industry Connect- Canada’s first VIRTUAL trade show for the oil and gas industry. Virtually Join us on May 8th and 9th 2018 for our exclusive industry only event. At the [Read more]
Pembina Pipeline Corporation Declares Common Share Dividend for January and Quarterly Preferred Share Dividends
CALGARY, Jan. 8, 2018 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for January 2018 of $0.18 per share to be paid, subject to applicable law, on February 15, 2018 to shareholders of record on January 25, 2018. For shareholders receiving their common share dividends in U.S. funds, the January 2018 cash dividend is expected to be approximately U.S. $0.1451 per share (before [Read more]
ATB Financial increases ownership of AltaCorp Capital after founder’s death
CALGARY - ATB Financial says its ownership of Calgary investment firm AltaCorp Capital is growing from a minority to a majority interest under succession provisions triggered by the sudden death of AltaCorp founder and CEO George Gosbee in November. ATB CEO Dave Mowat says the Alberta government-owned lender has purchased Gosbee's shares from his estate to become the controlling shareholder in order to ensure short-term "continuity" of the business. But he adds the provincial [Read more]
FieldPoint Petroleum Announces Amendment To Loan And Forbearance Agreement
AUSTIN, Texas, Jan. 8, 2018 /PRNewswire/ -- FieldPoint Petroleum Corporation (OTC:FPPP) today announced a seventh Amendment to its Loan Agreement with Citibank, which includes a first amendment to the Forbearance Agreement. The terms and conditions of the Forbearance Agreement may be seen in a Form 8-K filed today with the Securities and Exchange Commission. Phillip Roberson, President and CFO of FieldPoint, stated, "Again, we express our appreciation for the [Read more]
Marathon Petroleum Corp. to announce 2017 fourth-quarter and full-year financial results Feb. 1
FINDLAY, Ohio, Jan. 8, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call Thursday, Feb. 1, 2018, at 9 a.m. EST to discuss 2017 fourth-quarter and full-year financial results, which will be released earlier that day, and to provide an update on company operations. Participants will be Gary R. Heminger, chairman and chief executive officer; Don Templin, president; Tim Griffith, senior vice president and chief financial officer; [Read more]
Plains All American Pipeline, L.P. and Plains GP Holdings Announce Distributions
HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today announced their quarterly distributions with respect to the fourth quarter of 2017. PAA announced a quarterly cash distribution of $0.30 per common unit ($1.20 per unit on an annualized basis), which is unchanged from the distribution paid in November 2017. PAGP announced a corresponding quarterly cash [Read more]
Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Fourth-Quarter and Full-Year 2017 Earnings Release
HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release fourth-quarter and full-year 2017 earnings after market close on Tuesday, February 6, 2018 and will hold the following joint webcast: What: Fourth-quarter and full-year 2017 earnings webcast When: Wednesday, February 7, 2018 11:00 a.m. ET; 10:00 a.m. CT Where: www.plainsallamerican.com [Read more]
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