BOE Report

Pieridae releases Q2 2022 results: Record net operating income of $56 million drives $23 million in debt principal repayment

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) announces the release of its second quarter 2022 financial and operating results, highlighted by record net operating income, material deleveraging and minor non-core asset divestitures. Highlights During Q2 2022 Pieridae: Generated record quarterly Net Operating Income1 (“NOI”) of $56.0 million ($0.35 per basic and $0.35 per fully diluted share) up 287% from $14.4 million in the comparable period in [Read more]

Pipestone Energy Corp. reports record second quarter 2022 results and provides an operations update

CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its second quarter 2022 financial and operational results, and to provide an update on its operations. SECOND QUARTER 2022 CORPORATE HIGHLIGHTS: The Company generated record revenue of $210.4 million, which represents more than a two and a half times increase over Q2 2021 revenue of $82.3 million, and a 37% increase from Q1 2022 revenue of $153.5 million; In Q2 2022, Pipestone [Read more]

TC Energy closes $1.8 billion bought deal offering of common shares

CALGARY, Alberta – TC Energy Corporation (TSX: TRP) (NYSE: TRP) (TC Energy or the Company) today announced that it has completed its previously announced public offering (the Offering) of common shares of the Company (the Common Shares). The Offering was announced on Aug. 4, 2022 when TC Energy entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank under which they agreed to purchase from TC Energy and sell to the public 28,400,000 Common Shares. [Read more]

Freehold Royalties announces second quarter results and increases dividend

CALGARY, Alberta, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the period ended June 30, 2022. Operating and Financial Highlights Three Months Ended June 30 Three Months Ended March 31 FINANCIAL ($ millions, except as noted) 2022 2021 Change 2022 Change Funds from operations 83.8 40.2 109 % 71.9 17 % Funds from operations per share, basic ($) [Read more]

Crew Energy announces record Q2 2022 operating and financial results highlighted by record free adjusted funds flow and accelerated deleveraging

CALGARY, ALBERTA - Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2022. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed [Read more]

Cenovus acquiring outstanding 50% interest in Toledo refinery from BP, will assume operatorship

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), through its U.S. operating business, has reached an agreement to purchase bp’s 50% interest in the bp-Husky Toledo Refinery in Ohio. Cenovus has owned the other 50% of the refinery since its combination with Husky Energy in 2021. Cenovus’s U.S. operating business will assume operatorship from bp upon closing of the transaction, which is expected before the end of 2022, dependent on the satisfaction of closing conditions. Total [Read more]

Prairie Provident Resources announces strong second quarter 2022 financial and operating results

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") today announces our financial and operating results for the three and six months ended June 30, 2022. PPR’s unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2022 and related Management’s Discussion and Analysis (“MD&A”) for the same periods are available on our website at www.ppr.ca and filed on SEDAR. MESSAGE TO SHAREHOLDERS Tony [Read more]

Equinor ASA: Share buy-back

Please see below information about transactions made under the share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR). Date on which the third tranche of the share buy-back programme for 2022 was announced: 27 July 2022. The duration of the third tranche of the buy-back programme for 2022: 28 July to no later than 26 October 2022. Size of the buy-back programme: Up to 75,000,000 shares, with a maximum total consideration for the third tranche: USD 604,890,000. From 1 August [Read more]

International Petroleum Corporation announces results of share repurchase program

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 144,000 IPC common shares (ISIN: CA46016U1084) during the period of August 1 to 5, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No [Read more]

Prospera Energy Inc. Announces Q1 2022 Financial Results

CALGARY, Alberta, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6B: FRA) is pleased to release its Q1 2022 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements and related management’s discussion and analysis for the quarter ended March 31, 2022. First Quarter 2022 Highlights: In the first quarter of 2022 PEI continued to [Read more]