CALGARY, Alberta, April 26, 2018 (GLOBE NEWSWIRE) -- Spartan Energy Corp. (“Spartan” or the “Company”) (TSX:SPE) is pleased to announce that it has obtained an interim order from the Court of Queen's Bench of Alberta (the "Interim Order") in connection with the proposed sale of the Company to Vermilion Energy Inc. (“Vermilion”) by way of plan of arrangement (the "Arrangement") announced on April 16, 2018. The Interim Order, among other things, authorizes Spartan to call and hold a special [Read more]
Archives for April 2018
TransCanada Corp. reports $734-million Q1 profit, up from year ago
CALGARY - TransCanada Corp. reported a better-than-expected first quarter as it earned $734 million, up from $643 million a year ago. The pipeline company says the profit amounted to 83 cents per share for the quarter ended March 31 compared with 74 cents per share in the same quarter last year. Revenue totalled $3.42 billion, up from nearly $3.41 billion. Comparable earnings for the quarter, which exclude certain items, amounted to $870 million or 98 cents per share, up [Read more]
Imperial declares second quarter 2018 dividend
CALGARY, April 27, 2018 /CNW/ - Imperial Oil Limited today declared a quarterly dividend of 19 cents per share on the outstanding common shares of the company, payable on July 1, 2018, to shareholders of record at the close of business on June 1, 2018. This second quarter 2018 dividend compares with the first quarter 2018 dividend of 16 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 increases existing share repurchase program
CALGARY, April 27, 2018 /CNW/ - Imperial Oil Limited today announced it has received final acceptance from the Toronto Stock Exchange to amend its normal course issuer bid (NCIB) to increase the number of common shares that it may repurchase. Under the amendment, the number of common shares that may be repurchased will increase from up to three percent to up to five percent of its 846,530,905 outstanding common shares as of June 13, 2017, or a maximum of 42,326,545 shares during the 12-month [Read more]
Imperial earns $516 million in the first quarter of 2018
CALGARY, April 27, 2018 /CNW/ - $1 billion of cash generated from operations; nearly $400 million returned to shareholders Quarterly dividend raised nearly 20 percent; share buyback program increased Strong downstream and chemical earnings driven by operational reliability and market conditions Canadian upstream business environment impacting industry competitiveness and financial performance First quarter millions of Canadian dollars, unless [Read more]
TransCanada Declares Quarterly Dividends
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending June 30, 2018, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2018 to shareholders of record at the close of business on June 29, 2018. The Board also declared [Read more]
TransCanada Declares Quarterly Dividends
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending June 30, 2018, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2018 to shareholders of record at the close of business on June 29, 2018. The Board also declared [Read more]
TransCanada Reports Strong First Quarter 2018 Financial Results
Diversified Portfolio of High Quality Assets Continues to Drive Record Performance CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced net income attributable to common shares for first quarter 2018 of $734 million or $0.83 per share compared to net income of $643 million or $0.74 per share for the same period in 2017. Comparable earnings for first quarter 2018 were $870 million or $0.98 per share [Read more]
TransGlobe Energy Corporation Announces Operations Update
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (“TransGlobe” or the “Company”) announces an operations update for Egypt. Operations Update Egypt The Company has completed drilling the second South K-field development well at K-45 which was targeting the main Asl A sand in a crestal position in South K-field. The well was drilled to a total depth of 5,831 feet and encountered main Asl A sand approximately 66 feet structurally [Read more]
Relentless announces Financial and Operating results for year ended December 31, 2017
TSX-Venture Exchange: RRL - CALGARY, April 26, 2018 /CNW Telbec/ - Relentless Resources Ltd. ("Relentless" or the "Company") announces that it has issued and filed on SEDAR its December 31, 2017 audited financial statements and related management's discussion and analysis ("MD&A"). Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company`s website at www.relentless-resources.com. Corporate Update For the year ended December 31, 2017, total [Read more]
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