CALGARY, Alberta, July 29, 2021 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.87 per common share for the quarter ending September 30, 2021 on the Company’s outstanding common shares. The common share dividend is payable on October 29, 2021 to shareholders of record at the close of business on September 30, 2021. The Board also declared quarterly [Read more]
International Petroleum Corporation to release Second Quarter 2021 Financial Results on August 3, 2021
TORONTO - International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three and six months ended June 30, 2021, on Tuesday, August 3, 2021 at 07:30 CEST, followed by a webcast at 09:00 CEST. Watch Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the second quarter 2021 financial and operating results and the latest developments from IPC. Follow the [Read more]
Suncor Energy reports second quarter 2021 results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are [Read more]
Athabasca Oil Corporation announces 2021 second quarter results
CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 second quarter results that demonstrate the quality of its asset base. Athabasca is advancing the refinancing of its debt that will allow shareholders to capture unparalleled cashflow generation potential from its long reserve life, oil weighted asset base. Q2 Highlights Production: ~34,650 boe/d including ~26,450 bbl/d in Thermal Oil and ~8,200 boe/d in Light Oil. [Read more]
Suncor Energy declares dividend
All financial figures are in Canadian dollars. CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) -- Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable September 24, 2021 to shareholders of record at the close of business on September 3, 2021. Suncor Energy is Canada's leading integrated energy company, with a global team of over 30,000 people. Suncor's operations include oil sands development, production and upgrading, [Read more]
Cardinal Energy Ltd. announces second quarter 2021 financial results
CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the second quarter ended June 30, 2021. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim financial statements and related Management's Discussion and Analysis for the three and six month periods ended June 30, 2021 which are available at www.sedar.com and on our [Read more]
Baytex releases 2020 ESG report and appoints Chief Operating and Sustainability Officer
CALGARY, Alberta- Baytex Energy Corp. (TSX: BTE) today released its 2020 Environment, Social and Governance (“ESG”) Report, which demonstrates our commitment to transparency and accountability, and shows our progress in managing the environmental and social impacts of our business. The report is available on the Baytex website at www.baytexenergy.com. “We are proud to share Baytex’s fifth biennial ESG report, formerly called our Corporate Sustainability Report. While the name has changed, we [Read more]
Spartan Delta Corp. announces strategic Montney acquisition, $150 million equity financing, $450 million credit facility and $150 million term facility
CALGARY, Alberta - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV:SDE) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire Velvet Energy Ltd. ("Velvet"), a privately held light-oil Montney producer with operations primarily in the Gold Creek, Karr and Pouce Coupe areas of north-west Alberta (the "Velvet Assets") for total consideration of approximately $743.3 million(1) (the "Acquisition"). The Acquisition will be funded by a combination [Read more]
Baytex announces second quarter 2021 financial and operating results, free cash flow of $112 million and repurchase of long-term notes
CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX: BTE) reports its operating and financial results for the three and six months ended June 30, 2021 (all amounts are in Canadian dollars unless otherwise noted). "During the second quarter, we delivered strong operating results and substantial free cash flow. Our free cash flow profile continues to improve resulting in accelerated debt reduction. We are taking proactive measures to reduce our net debt with the repurchase and cancellation of [Read more]
Pieridae Energy Limited announces initiation of strategic review process
Appoints Interim Chief Financial Officer CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced the Company has initiated a formal process to identify, examine and consider a range of strategic alternatives with a view to enhancing shareholder value. Such strategic alternatives may include, but are not limited to, a corporate sale, merger, a sale of a material portion of Pieridae’s assets or other transactions. Pieridae is also pleased to announce [Read more]
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