CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe”) will announce its third quarter 2018 financial and operating results on Thursday November 8, 2018 before the opening of the stock markets. A conference call and webcast to discuss the results will be held the same day: Time:8:00 a.m. Mountain Time (10:00 a.m. Eastern Time, 3:00 p.m. London, UK)Dial-in: Canada/US:(416) 340-2218 or toll-free at 1-800-377-0758United [Read more]
Archives for October 2018
Higher oil prices and production gains drive operating earnings beat at Suncor
CALGARY - Suncor Energy Inc. is reporting third-quarter operating income of $1.56 billion, an 80 per cent increase over $867 million in the same period of 2017. The earnings amount to 96 cents per share, in line with analyst expectations of 95 cents according to Thomson Reuters Eikon, but well ahead of 52 cents in the third quarter of 2017. Suncor attributes the increase to higher crude oil prices and refinery margins, along with new production from its Fort Hills oilsands mine [Read more]
Enbridge says repairs done on ruptured gas pipeline near Prince George, B.C.
PRINCE GEORGE, B.C. - Enbridge Inc. says it has successfully completed repairs on the section of a natural gas pipeline that ruptured and burned near Prince George, B.C., three weeks ago. The company says following a comprehensive integrity assessment, it expects to begin safely returning the repaired segment to service within the next two days. It says it will gradually increase flows of natural gas through the repaired segment until it reaches 80 per cent of its normal [Read more]
Suncor Energy reports third quarter 2018 results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, except for Libya, which is on an entitlement basis. Certain financial measures referred to in [Read more]
Apache Corporation Announces Third-Quarter Financial and Operational Results
HOUSTON, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced third-quarter 2018 financial and operational results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call Nov. 1 at 10 a.m. Central time to discuss the results. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for [Read more]
TransCanada Announces $1.5 Billion NGTL System Expansion to Connect WCSB Supply to Incremental Market Demand
CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) announced today that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand. “The NGTL System continues to expand as parties require and contract for greater pipeline capacity to meet the growing demand for clean-burning natural gas from domestic and [Read more]
Court rejects secrecy bid in court case over alleged spying on activists
OTTAWA - The federal government has lost in a bid to go behind closed doors in a prominent court case about allegations of spying on anti-pipeline activists. In a ruling Wednesday, Federal Court Justice Robert Barnes sided with the British Columbia Civil Liberties Association in embracing the open-court principle and turning down the government's confidentiality request. If the decision stands, it means the public will have a fuller view of events when the court looks at the central issue [Read more]
Chevron Announces Quarterly Dividend
SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and twelve cents ($1.12) per share, payable December 10, 2018, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 16, 2018. Contacts Chevron CorporationSean Comey, +1 925-842-5509 [Read more]
WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock
HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.756 million or $15.53 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on August 1, 2018 to October 31, 2018 and was paid to holders of record on October 15, [Read more]
PetroQuest Energy, Inc. Extends Forbearance Agreements
LAFAYETTE, La., Oct. 31, 2018 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that it has extended its previously announced forbearance agreements (as amended prior to the date hereof, the “Forbearance Agreements”) with the administrative agent and the lenders under its multi-draw term loan agreement (the “Loan Agreement”), the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due [Read more]
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