BOE Report

Pembina Pipeline Corporation Reports Results for the Third Quarter of 2025 and Provides Business Update

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 cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more [Read more]

ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance

Reported third-quarter 2025 earnings per share of $1.38 and adjusted earnings per share of $1.61. Generated cash provided by operating activities of $5.9 billion and cash from operations (CFO) of $5.4 billion. Raised ordinary dividend by 8% to $0.84 per share. Raised full-year 2025 production guidance to 2.375 MMBOED and further reduced operating cost guidance to $10.6 billion. Announced preliminary 2026 guidance, including $12 billion of capital expenditures, $10.2 billion of [Read more]

STEP Energy Services Ltd. Reports Third Quarter 2025 Results

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. The following Press Release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial statements and notes thereto as at September 30, 2025 (the “Financial Statements”). Readers should also refer to the [Read more]

Pembina and PETRONAS Enter Long-Term Agreement for Cedar LNG Capacity

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) and Petroliam Nasional Berhad ("PETRONAS") today announced the signing of a 20-year agreement (the "Agreement") for 1.0 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG") by their subsidiaries. The Agreement is a synthetic liquefaction service structure for 1.0 mtpa of capacity, under which Pembina will provide transportation and [Read more]

STEP Energy Services Ltd. Announces Commencement of Sending and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement

Shareholders will receive $5.50 per share in cash, a substantial 29.11% premium to the trading price of shares on September 24, 2025, being the last trading day prior to the announcement of the non-binding offer from ARC Shareholders are encouraged to vote well in advance of the proxy deadline of December 11, 2025 at 10:00 a.m. (Calgary time) Shareholders who have questions or need assistance in voting should contact TSX Trust Company by telephone at 1-866-600-5869 (toll free in Canada and [Read more]

Chevron Announces Leadership Changes

Alana K. Knowles to retire after 38 years with the company Amit R. Ghai named Controller of Chevron HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today the appointment of Amit R. Ghai as Controller of Chevron, effective March 1, 2026. Ghai will succeed Alana K. Knowles, in anticipation of her expected retirement from Chevron in April 2026, after 38 years of service. Ghai will lead Chevron’s accounting policy, corporate and external financial reporting, internal [Read more]

Imperial declares fourth quarter 2025 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on January 1, 2026, to shareholders of record at the close of business on December 3, 2025.   This fourth quarter 2025 dividend compares with the third quarter 2025 dividend of 72 cents per share. Imperial has a long and successful history of growth and financial stability in Canada [Read more]

Chevron Reports Third Quarter 2025 Results

Reported earnings of $3.5 billion; adjusted earnings of $3.6 billion Record production of 4.1 million BOE per day; 21 percent higher than last year Cash flow from operations of $9.4 billion; adjusted free cash flow of $7.0 billion HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($1.82 per share - diluted) for third quarter 2025, compared with $4.5 billion ($2.48 per share - diluted) in third quarter 2024. Included in the quarter was a net loss [Read more]

ExxonMobil Announces Third-Quarter 2025 Results

Generated strong third-quarter earnings of $7.5 billion and cash flow from operations of $14.8 billion Returned $9.4 billion to shareholders in the quarter and increased fourth-quarter dividend to $1.03 per share Advanced growth ambitions with Permian acreage acquisitions, carbon materials market expansion, and computing power investments Started up eight of 10 key projects to date in 2025; remaining projects on track SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation [Read more]

Imperial announces third quarter 2025 financial and operating results

Quarterly net income of $539 million and quarterly net income excluding identified items1 of $1,094 million Cash flows from operating activities of $1,798 million Upstream achieved the highest quarterly production in over 30 years of 462,000 gross oil-equivalent barrels per day Kearl achieved the highest-ever quarterly production of 316,000 total gross oil-equivalent barrels per day (224,000 barrels Imperial's share) Strong Downstream operating performance with refinery capacity [Read more]