CALGARY, AB, May 6, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three months ended March 31, 2025. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2025, and 2024, which are filed on [Read more]
MEG Energy reports 24% growth in funds from operations per share in the first quarter of 2025
CALGARY, AB, May 6, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its first quarter 2025 operational and financial results.1 "The work we've done over the past few years establishes a strong financial foundation and lays the groundwork for the next phase of production growth. MEG is in an enviable position to deliver substantial growth in free cash flow per share even through uncertain commodity price environments," said Darlene Gates, President [Read more]
Ovintiv Reports First Quarter 2025 Financial and Operating Results
Continued Maintenance Investment to Drive Free Cash Flow; High-Graded Portfolio Bolsters Financial Resiliency Highlights: Generated cash from operating activities of $873 million, Non-GAAP Cash Flow of $1,004 million and Non-GAAP Free Cash Flow of $387 million after capital expenditures of $617 million First quarter oil and condensate production was above the guidance range at 206 thousand barrels per day ("Mbbls/d") Average total production of approximately 588 thousand barrels of [Read more]
Tidewater Midstream and Infrastructure Ltd. has entered into definitive agreements with Pembina Pipeline Corporation and certain of its affiliates to acquire the North Segment of its Western Pipeline System
(TSX: TWM) CALGARY, AB, May 6, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has entered into definitive agreements with Pembina Pipeline Corporation and certain of its affiliates (collectively, "Pembina"), through a wholly owned limited partnership, to acquire the North Segment of Pembina's Western Pipeline System (the "Western Pipeline") for total cash consideration of approximately $1.2 million, as well [Read more]
Topaz reports first quarter 2025 financial results including record royalty production and announces dividend increase
CALGARY, AB, May 5, 2025 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide first quarter 2025 financial results and reconfirm the Company's 2025 guidance estimates. Select financial information is outlined below and should be read in conjunction with Topaz's interim condensed consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") as at and for the three months ended March 31, 2025, which are [Read more]
Stampede Drilling Announces Sale of Equipment
CALGARY, AB, May 5, 2025 /CNW/ - STAMPEDE DRILLING INC. ("Stampede", or the "Corporation") (TSXV: SDI) is pleased to announce that it has entered into a drilling equipment purchase agreement (the "Agreement") with a private company (the "Purchaser") providing for the sale (the "Transaction") of certain drilling components (the "Equipment") from an A/C triple drilling rig (the "Triple") previously acquired by Stampede in August, 2022. Total consideration to be paid is $5 million in cash, plus the [Read more]
Parkland Corporation to be Acquired by Sunoco LP
CALGARY, AB, May 5, 2025 /CNW/ - Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") announced today that they have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately U.S.$9.1 billion, including assumed debt (the "Transaction"). "This strategic combination is a compelling outcome for Parkland shareholders," said Michael [Read more]
Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $9.1 Billion
DALLAS, May 5, 2025 /CNW/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and Parkland Corporation (TSX: PKI) ("Parkland") announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt. As part of the transaction, Sunoco intends to form a new publicly-traded Delaware limited liability company named [Read more]
SECURE Announces Results of the 2025 Annual and Special Meeting of Shareholders
CALGARY, AB, May 2, 2025 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation") (TSX: SES), a leading waste management and energy infrastructure company, is pleased to announce that all of the nominees proposed as directors and listed in the management information circular dated March 17, 2025, were elected as directors of the Corporation at its Annual and Special Meeting of the Shareholders held on May 2, 2025 (the "Meeting"). KPMG LLP was also reappointed as the [Read more]
AltaGas Announces Election of Directors
CALGARY, AB, May 2, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce the final director election results from its 2025 Annual and Special Meeting of Shareholders held on May 1, 2025 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting of shareholders or until their successors are duly elected or appointed. The detailed results of the vote are set out [Read more]
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