BOE Report

Secure announces 2024 second quarter results

Adjusted EBITDA1 of $114 million ($0.43 per basic share) and $246 million ($0.90 per basic share) for the three and six months ended June 30, 2024, respectively Full year Adjusted EBITDA guidance increased to $470 - $490 million Adjusted EBITDA margin1 of 34%, maintaining consistency year over year Net cash provided by operating activities of $91 million and discretionary free cash flow1 of $53 million 17% of shares outstanding repurchased year to date CALGARY, AB, July 30, 2024 [Read more]

Keyera Announces Timing of 2024 Second Quarter Results Conference Call and Webcast

CALGARY, AB, July 25, 2024 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its second quarter 2024 results before markets open on Thursday, August 8, 2024. The release will be followed by a conference call and webcast that have been scheduled for Thursday, August 8, 2024, at 8:00 AM Mountain Time (10:00 AM Eastern Time). The conference call dial-in number is 888-664-6392 or 416-764-8659. A recording of the conference call will be available for replay [Read more]

Headwater Exploration Inc. announces second quarter operating and financial results and declares quarterly dividend

CALGARY, AB, July 25, 2024 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce its operating and financial results for the three and six months ended June 30, 2024 and declaration of quarterly dividend.  Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim financial statements and the related management's discussion and analysis ("MD&A").  These filings will be [Read more]

MEG Energy announces second quarter 2024 financial and operating results and declares inaugural quarterly cash dividend

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted [Read more]

Advantage Announces Second Quarter 2024 Financial and Operating Results

(TSX: AAV) CALGARY, AB, July 25, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2024 second quarter financial and operating results. 2024 Second Quarter Financial Highlights Closed the acquisition of certain Charlie Lake and Montney assets for cash consideration of $445.5 million on June 24, 2024 (the "Acquisition"). Financing activities for the Acquisition included: Issued 5.9 million common shares for gross proceeds of $65.0 [Read more]

Veren announces Q2 2024 results

CALGARY, AB, July 25, 2024 /CNW/ - Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the quarter ended June 30, 2024. KEY HIGHLIGHTS Continued operational execution in Alberta Montney and Kaybob Duvernay with recent wells among the top in the WCSB. Generated $195 million of excess cash flow in second quarter, with 60 percent returned to shareholders. Reduced net debt by $620 million in second quarter with [Read more]

Western Energy Services Corp. releases second quarter 2024 financial and operating results

CALGARY, AB, July 23, 2024 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) announces the release of its second quarter 2024 financial and operating results.  Additional information relating to the Company, including the Company's financial statements and management's discussion and analysis ("MD&A") as at June 30, 2024 and for the three and six months ended June 30, 2024 and 2023 will be available on SEDAR+ at www.sedarplus.ca.  Non-International Financial [Read more]

MEG Energy maintains steady production amid regional wildfires, prioritizes safety

CALGARY, AB, July 21, 2024 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX:MEG) announced today that its production levels have remained stable at its Christina Lake Regional Project facility despite the ongoing regional wildfires. The Company continues to operate with a reduced and essential workforce to ensure the safety of its employees and contractors. "Our first priority is the safety and well-being of our people and the communities near our operations," said [Read more]

Secure 2024 Stampede charity party raises record-breaking $1 million

CALGARY, AB, July 19, 2024 /CNW/ - SECURE is thrilled to announce that the 2024 Stampede Charity Party raised an unprecedented $1 million in donations in support of Providence and Ronald McDonald Charities of Alberta (RMHC Alberta). This monumental achievement marks a significant milestone in SECURE's ongoing commitment to giving back to the community. Since 2015, the charity party has raised millions for various charitable organizations. The annual event, held during the world-renowned [Read more]

CES Energy Solutions Corp. announces renewal of normal course issuer bid

CALGARY, AB, July 18, 2024 /CNW/ - CES Energy Solutions Corp. ("CES" or the "Corporation") (TSX: CEU) (OTC: CESDF) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted CES' notice of its intention to implement a normal course issuer bid ("NCIB"). The NCIB effectively renews the previous NCIB which terminated in March 2024, when the maximum number of issued and outstanding common shares of the Corporation (the "Common Shares") were repurchased. Under the previous [Read more]