BOE Report

Pembina Pipeline Corporation announces conversion results for Series 3 Preferred Shares

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024. After taking into account all the conversion notices received from holders of its outstanding Series 3 Shares by [Read more]

Imperial announces fourth quarter 2023 financial and operating results

Quarterly net income of $1,365 million Cash flow from operating activities of $1,311 million and cash flow from operating activities excluding working capital1 of $1,799 million Upstream production of 452,000 gross oil-equivalent barrels per day, highest in over 30 years when adjusted for divestment of XTO Energy Canada Highest ever quarterly production at Kearl of 308,000 total gross oil-equivalent barrels per day (218,000 barrels Imperial's share) Started steam injection at Cold [Read more]

Murphy Oil Corporation announces fourth quarter and full year 2023 results, preliminary year-end 2023 reserves, 2024 capital expenditure and production guidance

Accomplished 2023 Debt Reduction Goal of $500 Million, Repurchased $150 Million of Shares in Accordance With Capital Allocation Framework, Increased Dividend 9 Percent Annualized in 2024, Achieved 139 Percent Total Reserve Replacement Ratio With Preliminary Proved Reserves of 724 MMBOE HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2023, including net income attributable to Murphy [Read more]

Murphy Oil Corporation announces quarterly dividend

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on March 4, 2024, to stockholders of record as of February 20, 2024. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that [Read more]

ExxonMobil to release fourth quarter 2023 financial results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 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, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a [Read more]

Engine Capital sends letter to Parkland Corp.’s board of directors regarding the need to collaborate with shareholders on value-enhancing changes

Believes the Board’s Insular Behavior and Dismissive Attitude Towards Engine and Apparent Disagreement with Simpson Oil – Parkland’s Largest Shareholder – Suggest a Focus on Entrenchment and Self-Preservation Warns the Board Not to Pursue Costly and Wasteful Litigation and Start Working with Shareholders to Appoint Highly Qualified, Independent Directors with Records of Value Creation and Relevant Industry Experience NEW YORK--(BUSINESS WIRE)--Engine Capital LP, which owns approximately [Read more]

Imperial to hold 2023 fourth 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 2023 Fourth Quarter Earnings Call on Friday, February 2, following the company’s fourth 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 [Read more]

Pembina Pipeline Corporation announces closing of $1.8 billion public note offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $1.8 billion aggregate principal amount of senior unsecured medium-term notes (the "Offering"). The Offering was conducted in three tranches consisting of: $600 million principal amount of senior unsecured medium-term notes, series 20 (the "Series 20 Notes") having a fixed coupon of 5.02% per annum, paid [Read more]

Pembina Pipeline Corporation announces $1.8 billion Public Note Offering

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has agreed to issue $1.8 billion aggregate principal amount of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in three tranches consisting of: $600 million principal amount of senior unsecured medium-term notes, series 20 (the "Series 20 Notes") having a fixed coupon of 5.02% per annum, paid semi-annually, and maturing on [Read more]

Pembina Pipeline Corporation declares quarterly preferred share dividends and announces fourth quarter 2023 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 March 1, 2024, to shareholders of record on February 1, 2024. Series 15, 17 and 19 preferred share dividends are payable on April 1, 2024, to [Read more]