CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months ended September 30, 2021. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2021 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]
Spartan Delta Corp. reports financial and operating results for the third quarter of 2021
CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three and nine month periods ended September 30, 2021. MESSAGE TO SHAREHOLDERS The third quarter of 2021 represents the sixth consecutive quarter of record results through successful consolidation and execution within our two core areas, the Deep Basin and the Montney. Spartan achieved average production of 46,282 BOE per day reflecting one [Read more]
MEG Energy announces strong third quarter results and revised full year guidance
CALGARY, AB - MEG Energy Corp. (TSX: MEG) "MEG" or the "Corporation") reported its third quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with the COVID–19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility. "The third quarter was another strong operational quarter for MEG as production levels benefited from [Read more]
Tenaz Energy Corp. announces record date for rights offering
CALGARY, AB, Nov. 8, 2021 /CNW/ - Tenaz Energy Corp. ("Tenaz" and the "Company") (TSXV: TNZ) is pleased to announce that it has set November 15, 2021 as the date of record (the "Record Date") for its previously announced rights ("Rights") offering (the "Rights Offering"). Each shareholder of common shares of the Company ("Common Shares") on the Record Date will receive one (1) Right for each Common Share held by such shareholder. Each eight (8) Rights will entitle the holder to subscribe [Read more]
CAPP and energy associations from around the world call on COP 26 delegates to recognize the necessary role of the natural gas and oil industry in meeting the goals of the Paris Agreement
CALGARY, AB - The Canadian Association of Petroleum Producers (CAPP) has joined energy associations from around the world in calling for policy makers at COP26 to recognize the necessary role for natural gas and oil to meet growing global energy demand and the ambitions of the Paris Agreement. The international consortium of natural gas and oil associations have released a discussion paper outlining joint policy principles including the commitment to working collaboratively with governments [Read more]
ARC Resources Ltd. reports record third quarter 2021 results, increases dividend, and announces 2022 budget
CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its third quarter 2021 financial and operational results and announced its 2022 budget. HIGHLIGHTS Q3 2021 Results — ARC delivered record quarterly production and free funds flow(1) per share, exceeding consensus expectations(2). Average production of 353,657 boe(3)(4) per day generated funds from operations(5) of $765 million ($1.06 per share) and free funds flow of $497 million ($0.69 per share). [Read more]
Pembina Pipeline Corporation reports strong results for the third quarter 2021
CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL)(NYSE: PBA) announced today its financial and operating results for the third quarter of 2021. Highlights Third quarter earnings of $588 million and adjusted EBITDA of $850 million reflect strong pricing across all commodities in Pembina's value chain. During the quarter, Pembina received payment of a $350 million (pre-tax) fee related to the termination of the proposed acquisition of Inter Pipeline. [Read more]
Pembina Pipeline Corporation declares November 2021 common share dividend
CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for November 2021 of $0.21 per share to be paid, subject to applicable law, on December 15, 2021 to shareholders of record on November 24, 2021. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]
Enbridge reports strong third quarter 2021 results, executing on business priorities
CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2021 financial results, reaffirmed its 2021 financial outlook, and provided a quarterly business update. Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Third quarter GAAP earnings of $682 million or $0.34 per common share, compared with GAAP earnings of $990 million or $0.49 per common share in 2020 Adjusted earnings of $1.2 [Read more]
Enbridge appoints new directors to its board
CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) is pleased to announce that its Board of Directors has appointed Gaurdie Banister and Jane Rowe as directors of Enbridge, effective November 4, 2021. Mr. Banister has more than 40 years of experience within the energy sector, most recently as the CEO of Aera Energy LLC. Prior thereto, he had a long and successful career at Royal Dutch Shell, including various senior leadership roles between 1980 and 2007. Mr. Banister is [Read more]
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