BOE Report

ExxonMobil announces first-quarter 2024 results

Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow from operating activities Achieved quarterly gross production of more than 600,000 oil-equivalent barrels per day in Guyana and reached a final investment decision on the sixth major development Grew performance chemical sales volumes and delivered record first-quarter refining throughput1 while maintaining excellent turnaround performance Reduced operated methane emissions intensity by [Read more]

Imperial declares second quarter 2024 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of 60 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [Read more]

Imperial announces first quarter 2024 financial and operating results

Quarterly net income of $1,195 million Cash flows from operating activities of $1,076 million and cash flows from operating activities excluding working capital1 of $1,521 million Upstream production of 421,000 gross oil-equivalent barrels per day Highest ever first quarter production at Kearl of 277,000 total gross oil-equivalent barrels per day (196,000 barrels Imperial's share) Further progressed Cold Lake Grand Rapids, consistent with plan to ramp up production in coming weeks [Read more]

Imperial to hold 2024 first quarter earnings call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2024 First Quarter Earnings Call on Friday, April 26, following the company’s first quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from Imperial’s [Read more]

ExxonMobil to release first quarter 2024 financial results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2024 financial results on Friday, April 26, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods and Senior Vice President and Chief Financial Officer Kathy Mikells will review the results during a live conference call at 7:30 a.m. CT. The presentation will be accessible [Read more]

Hess sanctions Whiptail development offshore Guyana

Whiptail development receives government approval; production targeted to begin in 2027 Sixth Stabroek Block development will add gross production capacity of approximately 250,000 barrels of oil per day On track to deliver gross production capacity on the block of approximately 1.3 million barrels of oil per day by end of 2027 NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with Whiptail, the sixth development [Read more]

Black & Veatch receives full notice to proceed for Canada’s first FLNG project

Black & Veatch’s proven PRICO® liquefaction technology solidifies preferred status in the FLNG market. OVERLAND PARK, Kan.--(BUSINESS WIRE)--Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch, in partnership with high-tech shipbuilder Samsung Heavy Industries (SHI), has received full notice to proceed from Cedar LNG LP partners to begin constructing Cedar LNG’s floating liquefaction facility to be located in Kitimat, British Columbia. Black & [Read more]

STEP Energy Services Ltd. to announce first quarter 2024 results and host conference call

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) intends to release its 2024 first quarter results on Wednesday, May 8, 2024 after markets close. Financial Statements and Management's Discussion and Analysis will be posted to STEP’s website and SEDAR after the press release is disseminated. STEP will host a conference call on Thursday, May 9, 2024 at 8:00 a.m. MT. To listen to the webcast of the conference call, please click on the [Read more]

Pembina Pipeline Corporation declares quarterly preferred share dividends and announces first quarter 2024 results conference call and webcast

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22 and 25. Series 1, 3, 5, 7, 9, 21 and 22 preferred share dividends are payable on June 3, 2024, to shareholders of record on May 1, 2024. Series 15, 17 and 19 preferred share dividends are payable on July 2, 2024, to shareholders of [Read more]

Pembina Pipeline Corporation announces significant milestones achieved on Cedar LNG

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 Cedar LNG annual run rate adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"). For more information see "Non-GAAP and Other Financial Measures" herein. CALGARY, Alberta--(BUSINESS WIRE)--Pembina [Read more]