All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted EBITDA per common share; adjusted EBITDA from equity accounted investees; adjusted earnings; adjusted earnings per common [Read more]
ConocoPhillips announces third-quarter 2026 results and increases quarterly ordinary dividend by 11%
Reported third-quarter 2026 earnings per share of $3.34 and adjusted earnings per share of $3.27. Generated cash provided by operating activities and cash from operations (CFO) of $7.2 billion. Increased shareholder distributions to $3.4 billion, including $2.4 billion of share repurchases; on track for 45% return of CFO in 2026. Raised quarterly ordinary dividend by 11% to $0.93 per share, consistent with top-quartile S&P 500 growth objective. HOUSTON--(BUSINESS [Read more]
Blackstone and Leading Canadian Institutional Investors Announce $3.1B Investment in Mitsubishi Corporation’s Interest in LNG Canada
Investor group includes CPP Investments, OMERS, IMCO and PSP Investments NEW YORK--(BUSINESS WIRE)--Blackstone today announced that funds managed by Blackstone Credit & Insurance, in partnership with leading Canadian institutional investors, have agreed to invest $3.1 billion to acquire a 49.9% non-controlling interest in a Mitsubishi Corporation (“MC”) subsidiary that holds MC’s interest in the LNG Canada liquefaction business. The Blackstone-led investor group includes [Read more]
ExxonMobil Announces Third-Quarter 2026 Results
Decade of disciplined investment delivering industry-leading results, supplying products society needs Reported EPS of $3.72, or $4.23 adjusted EPS1 Record year-to-date refining operational performance: highest global fuels utilization excluding Middle East impacts2; highest global diesel yield3; and highest North American diesel volumes3 Achieved cumulative Upstream production milestones: 1 billion barrels at both Guyana and Kearl, 100 million tons at PNG LNG Solidified [Read more]
Imperial declares fourth quarter 2026 dividend
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on January 1, 2027, to shareholders of record at the close of business on December 3, 2026. This fourth quarter 2026 dividend compares with the third quarter 2026 dividend of 87 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [Read more]
Imperial announces third quarter 2026 financial and operating results
Record quarterly net income of $2,454 million Cash flows from operating activities of $3,228 million and cash flows from operating activities excluding working capital1 of $2,957 million Quarterly Upstream production of 418,000 gross oil-equivalent barrels per day Kearl quarterly production of 282,000 total gross oil-equivalent barrels per day (200,000 barrels Imperial's share) Cold Lake quarterly production of 139,000 gross oil-equivalent barrels per day Downstream record [Read more]
Chevron Reports Third Quarter 2026 Results
Reported earnings of $9.9 billion; return on capital employed of 18 percent U.S. production up 27 percent from two years ago Record crude throughput at U.S. refineries; crude utilization at 98 percent Expanded acreage in Venezuela and enhancing Bakken competitiveness HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $9.9 billion ($5.06 per share - diluted) for third quarter 2026. Included in the quarter were a legal reserve of $160 million, an [Read more]
Imperial to hold 2026 Third Quarter Earnings Call
CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) John Whelan, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2026 Third Quarter Earnings Call on Friday, October 30, following the company’s third quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Whelan will offer brief remarks prior to taking questions from [Read more]
Crescent Energy to Acquire Eagle Ford Assets from Devon Energy, Solidifying Crescent’s World-Class Position in the Basin
High-margin, oil-weighted production and significant Tier 1 inventory adjacent to existing operations Attractive acquisition returns and meaningful accretion across all key metrics Devon-owned minerals add significant scale and increased operatorship to Crescent Royalties HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that it has entered into a definitive agreement to acquire Eagle Ford assets from Devon Energy for an [Read more]
Chevron Announces Senior Leadership Changes
HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development. In addition to his corporate duties, Nelson will be responsible for identifying and advancing opportunities that strengthen the company's portfolio, enhance [Read more]
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