CALGARY - Encana Corp. recorded a $151 million net loss in the second quarter linked to its risk management program but says it did better than last year by most other financial measures. The Calgary-based company said the net loss was equal to 16 cents per share and compared with a year-earlier net profit of $331 million or 34 cents per share. Excluding unrealized losses from its hedging program, which is designed to offset the impact of low oil prices, Encana's financial [Read more]
Archives for August 2018
Bonterra Energy Corp. Confirms Cash Dividend for July 2018 Payable August 31, 2018
CALGARY, Alberta, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) announces that the July 2018 monthly cash dividend will be $0.10 per share and will be paid on August 31, 2018. The record date for the dividend is August 15, 2018 and the ex-dividend date is August 14, 2018. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax [Read more]
Whitecap Resources Inc. Announces Record Levels of Production, Increased 2018 Production Guidance and Second Quarter 2018 Results
CALGARY, Aug. 1, 2018 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2018. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which are available at www.sedar.com and on our website at [Read more]
Encana delivers strong second quarter financial results; liquids growth, efficiencies and robust realized prices driving quality returns
CALGARY, Alberta , Aug. 01, 2018 (GLOBE NEWSWIRE) -- TSX, NYSE: ECA Encana delivered strong financial performance in the second quarter driven by continued liquids growth, efficiencies and robust realized prices. Year-over-year, the company more than doubled cash from operating activities and increased its non-GAAP cash flow and cash flow margin by 67 and 57 percent, respectively. Encana is on track to grow annual production by over 30 percent and now expects to generate free cash flow in 2018. [Read more]
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