BOE Report

AltaGas announces consideration of hybrid subordinated debt securities offering

CALGARY, AB, Nov. 7, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced that it is considering an offering of hybrid subordinated debt securities under its short form base shelf prospectus dated March 31, 2023. If a successful offering is priced and completed, the Company intends to use the net proceeds of the offering to redeem or repurchase its outstanding cumulative redeemable five-year rate reset preferred shares, series E (TSX: ALA.PR.E). There is no [Read more]

MEG Energy announces third quarter 2023 financial and operating results

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]

CWC Energy Services Corp. announces shareholder approval for arrangement with Precision Drilling Corporation

CALGARY, AB, Nov. 6, 2023 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that at its special meeting of shareholders held earlier today (the "Meeting), the shareholders of CWC ("CWC Shareholders") passed a special resolution (the "Arrangement Resolution") approving a statutory arrangement (the "Arrangement") pursuant to section 193 of the Business Corporations Act (Alberta), pursuant to which Precision Drilling Corporation ("Precision") will acquire [Read more]

Tamarack Valley Energy Ltd. closes previously announced non-core Cardium asset sale

CALGARY, AB, Nov. 3, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced sale of its non-core west central Alberta assets for $123.0 million in cash, plus the assumption by the purchaser of $38.4 million and $80.6 million gross operated inactive and active asset retirement obligations(1), respectively. The disposition further solidifies Tamarack's commitment to the focused development [Read more]

Enbridge reports strong third quarter 2023 financial results and reaffirms financial guidance and outlook

CALGARY, AB, Nov. 3, 2023 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2023 financial results, reaffirmed its 2023 financial outlook and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Third quarter GAAP earnings of $0.5 billion or $0.26 per common [Read more]

AltaGas reports strong third quarter 2023 results

Continued Execution of AltaGas' Strategic Plan Strongly Positions the Company to Deliver on 2023 Guidance and Drive Shareholder Value Creation CALGARY, AB, Nov. 3, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported third quarter 2023 financial results and provided an update on the Company's operations and other corporate developments. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Normalized EPS1 was [Read more]

Surge Energy Inc. announces third quarter financial & operating results, and an operations update on the latest drilling results in Sparky and SE Saskatchewan core areas

CALGARY, AB, Nov. 2, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the Company's financial and operating results for the quarter ended September 30, 2023, together with an update on Surge's latest drilling results. Select financial and operating information is outlined below and should be read in conjunction with the Company's unaudited consolidated interim financial statements and management's discussion and analysis for the three and [Read more]

Perpetual Energy Inc. reports third quarter 2023 financial and operating results

CALGARY, AB, Nov. 2, 2023 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to report its third quarter 2023 financial and operating results. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2023, which are available through [Read more]

ARC Resources Ltd. reports third quarter 2023 results and announces 2024 budget

CALGARY, AB, Nov. 2, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its third quarter 2023 financial and operational results and announced its 2024 budget. HIGHLIGHTS Third Quarter Results ARC delivered quarterly production of 360,177 boe(1) per day (63 per cent natural gas and 37 per cent crude oil and liquids(2)). Production increased five per cent compared to the third quarter of 2022, and 13 per cent on a per share basis(3). ARC generated [Read more]

Enerplus announces quarterly cash dividend for December 2023

CALGARY, AB, Nov. 2, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that a quarterly cash dividend in the amount of US$0.06 per share will be payable on December 15, 2023, to all shareholders of record at the close of business on November 30, 2023. The ex-dividend date for this payment is November 29, 2023. The US$0.06 per share dividend is equivalent to approximately CDN$0.083 per share if converted using the current US/Canadian dollar exchange rate [Read more]