BOE Report

Chevron announces first quarter 2023 results

Reported earnings of $6.6 billion; adjusted earnings of $6.7 billion Cash flow from operations of $7.2 billion; free cash flow of $4.2 billion Shareholder distributions of $6.6 billion, up 65 percent from first quarter 2022 SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today reported earnings of $6.6 billion ($3.46 per share - diluted) for first quarter 2023, compared with $6.3 billion ($3.22 per share - diluted) in first quarter 2022. Included in the current [Read more]

ConocoPhillips analyst & investor meeting outlines durable, returns-focused value proposition with compelling plan

HOUSTON - ConocoPhillips (NYSE: COP) is hosting an Analyst & Investor Meeting today to outline details of a compelling operating and financial plan that features durable returns and cash flow growth for decades to come, while further describing the company’s valued role in the energy transition. “Today I’m pleased to once again share a 10-year plan that provides a combination of industry-leading returns and cash flow growth, driven by our deep, durable and diverse portfolio. Our continued [Read more]

Imperial to hold 2023 Investor Day on April 19

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Limited, will host the company’s 2023 Investor Day on Wednesday, April 19. The presentation begins at 9 a.m. EST and will be accessible by webcast.   At Investor Day, Imperial’s management team will provide an update on the company’s operations and business strategy, followed by a [Read more]

Pembina Pipeline Corporation declares quarterly preferred share dividends and announces first 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 June 1, 2023, to shareholders of record on May 1, 2023. Series 15, 17 and 19 preferred share dividends are payable on June 30, 2023, to shareholders [Read more]

North American LNG sector is getting crowded

SUGAR LAND, Texas - Researched by Industrial Info Resources-- Industrial Info Resources (IIR) finds that a wave of new export facilities for liquefied natural gas (LNG) in North America helps solve some of the recent energy security issues, but if the criticism is valid, it does little to address economic concerns at home. The provincial government of British Columbia opted to let the US$7.2 billion floating Ksi Lisims LNG facility enter the environmental review process. As planned, the [Read more]

Imperial Vice President, Downstream and Chemicals to assume new role at Exxon Mobil Corporation

CALGARY, Alberta - Imperial (TSE: IMO, NYSE American: IMO) announced today that J.R. (Jon) Wetmore, currently Vice President, Downstream and Chemicals for Imperial will become the Americas Fuels Value Chain Planning & Business Development Manager for Exxon Mobil Corporation, effective May 1, 2023. “On behalf of Imperial, I would like to thank Jon Wetmore for his leadership as Vice President, Downstream over the last five years,” said Brad Corson, Chairman, President and Chief Executive [Read more]

Cedar LNG Receives B.C. Environmental Approval and Signs Memorandum of Understanding with ARC Resources Ltd.

Haisla Nation and Pembina Pipeline achieve historic milestones for Canada's first Indigenous majority-owned LNG facility KITIMAT, British Columbia--(BUSINESS WIRE)--The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in the development of the proposed Cedar LNG Project ("Cedar LNG" or the "Project"), are pleased to announce that Cedar LNG today has received its Environmental Assessment Certificate ("EAC") from the B.C. Environmental Assessment [Read more]

ConocoPhillips welcomes record of decision on the Willow Project

HOUSTON - ConocoPhillips (NYSE: COP) welcomes the Department of the Interior’s Record of Decision (ROD) on the Willow project, adopting the three core pads detailed in the Bureau of Land Management (BLM) preferred Alternative E. ConocoPhillips Alaska completed extensive preparations with key contractors and expects to immediately initiate gravel road construction activities. The company continues to review the ROD and will advance internal approval processes towards a Final Investment [Read more]

Pembina Pipeline Corporation files 2022 year-end disclosure documents

CALGARY, Alberta - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 31, 2022, related management's discussion, and analysis and its annual information form for the year ended December 31, 2022 with Canadian securities regulatory authorities. Pembina has also filed its Form 40-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission. Copies of the [Read more]

Pembina Pipeline Corporation Reports Results for the Fourth Quarter and Full Year 2022, Provides Business Update, and Declares Quarterly Common Share Dividend

    CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth quarter and full year 2022. Highlights Record Results - reported record 2022 full year earnings of $2,971 million and record full year adjusted EBITDA of $3,746 million, exceeding the high end of the Company's revised guidance range. Reported fourth quarter earnings of $243 million and [Read more]