BOE Report

TC Energy declares quarterly dividends

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.93 per common share for the quarter ending Sept. 30, 2023, on the Company’s outstanding common shares. The common share dividend is payable on Oct. 31, 2023, to shareholders of record at the close of business on Sept. 29, 2023. The Board also declared quarterly dividends on the outstanding [Read more]

TC Energy reports solid second quarter 2023 results, while significantly advancing Coastal GasLink and Southeast Gateway projects to planned cost and schedule

Unlocking incremental shareholder value through spinning off Liquids Pipelines, integrating our Natural Gas Pipelines business units and utilizing strategic partnerships to enable energy transition and drive energy security CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “Today’s announcement to [Read more]

TC Energy to unlock value by creating two premium energy infrastructure companies with intention to spin off Liquids Pipelines business

Separation of the two companies enables greater contribution to energy transition and security Creates shareholder value by unlocking incremental growth and enhancing efficiencies Combined dividends of two companies sustains long-term dividend growth outlook Spinoff of an investment-grade Liquids Pipelines business expected to be achieved on a tax-free basis CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the [Read more]

Cenovus announces 2023 second-quarter results and organizational update

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) generated nearly $2.0 billion in cash from operating activities, approximately $1.9 billion in adjusted funds flow and $897 million in free funds flow in the second quarter of 2023. Total upstream production was approximately 730,000 barrels of oil equivalent per day (BOE/d)1, reflecting a planned turnaround at Foster Creek and production impacts in the Conventional segment in May and June due to [Read more]

International Petroleum Corporation to release second quarter 2023 financial and operating results on August 1, 2023

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, 2023 on Tuesday, August 1, 2023 at 07:30 CEST, followed by an audiocast at 09:00 CEST. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the second quarter 2023 financial and operating results and the latest developments from IPC. Follow the [Read more]

Restructured Prospera Energy announces Q2 2023 financials with continued improvements to operating performance

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6B: FRA) Prospera announces its second quarter 2023 financial and operating results. In Q2 PEI rebounded to 478 boe/d (603 boe/d gross) and net revenue of $3.1M from Q1 production shortfalls caused by extreme cold weather. Prospera is pleased to announce the financial milestones achieved as follows: Realized positive Operating Netback of $1,094,364 ($25.14/boe) in Q2 [Read more]

Shell Plc publishes second quarter 2023 press release

London, July 27, 2023 "Shell delivered strong operational performance and cash flows in the second quarter, despite a lower commodity price environment. Today we are delivering on our Capital Markets Day commitment of a 15% dividend increase. We are going further on our buyback guidance by commencing a $3 billion programme for the next three months and, subject to Board approval, at least $2.5 billion at the Q3 2023 results. As we deliver more value with less emissions, we will continue to [Read more]

Athabasca Oil announces 2023 second quarter results

CALGARY, Alberta, July 26, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results highlighted by continued operational momentum at Leismer, strong Free Cash Flow and execution on its return of capital commitment through share repurchases. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash Flow through its low-decline, oil weighted asset base. Q2 2023 and Recent [Read more]

Freehold Royalties announces conference call for second quarter results

CALGARY, Alberta, July 24, 2023 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) intends to release second quarter results for the period ended June 30, 2023 on Monday, July 31, 2023 before market open. A conference call and webcast will be held at 9:00 am MT (11:00 am ET) on Monday, July 31, 2023. A live audio webcast will be accessible through the link below under “Events & Presentations” on Freehold’s website at www.freeholdroyalties.com. To participate [Read more]

TC Energy partners with Global Infrastructure Partners through $5.2 billion sale of a 40 per cent equity interest in Columbia Gas and Columbia Gulf

Transaction significantly accelerates deleveraging and delivers key 2023 strategic priority Unlocks incremental value through long-term partnership with GIP, one of the world’s leading infrastructure investors GIP will jointly fund annual maintenance, modernization and sanctioned growth capital CALGARY, Alberta, July 24, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced that it has entered into an agreement to monetize a [Read more]