BOE Report

TC Energy declares quarterly dividends

CALGARY, Alberta, July 30, 2020 (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 $0.81 per common share for the quarter ending September 30, 2020 on the Company’s outstanding common shares. The common share dividend is payable on October 30, 2020 to shareholders of record at the close of business on September 30, 2020. The Board also declared quarterly [Read more]

TC Energy reports solid second quarter financial results

Financial position and utilization of critical energy infrastructure assets remain robust CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for second quarter 2020 of $1.3 billion or $1.36 per share compared to net income of $1.1 billion or $1.21 per share for the same period in 2019. For the six months ended June 30, 2020, net income attributable to common shares was $2.4 billion or $2.59 per share [Read more]

Husky Energy Announces Second Quarter 2020 Dividend and Third Quarter 2020 Preferred Shares Dividend Payments

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended June 30, 2020. The dividend will be payable on October 1, 2020 to shareholders of record at the close of business on September 1, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the three-month [Read more]

TC Energy announces US$0.4 billion Elwood Power/ANR Horsepower Replacement Project

CALGARY, Alberta - News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it will proceed with the Elwood Power/ANR Horsepower Replacement Project that will replace, upgrade and modernize certain facilities along a highly utilized section of its ANR Pipeline Company (ANR) natural gas transmission system. Under a long-term agreement, ANR would provide up to 125,000 Dth/d of firm transportation service to an existing power plant. “The facilities are designed to [Read more]

International Petroleum Corporation to release 2020 Second Quarter Financial Results on August 4, 2020

International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the six months ended June 30, 2020, on Tuesday, August 4, 2020 at 07:30 CET, followed by an audio cast at 09:00 CET. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the report and the latest developments from IPC. Follow the presentation live on www.international-petroleum.com. You can also [Read more]

Athabasca Oil Corporation announces Q2 2020 results

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reported its operating and consolidated financial results for the three months ended June 30, 2020. The second quarter was defined by unprecedented moves in commodity prices due to the COVID-19 pandemic and resulting oil demand destruction. Athabasca responded swiftly to mitigate the impact of these unexpected events. The Company entered 2020 with a strong liquidity position allowing it to withstand the [Read more]

Baytex announces second quarter 2020 financial and operating results

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six months ended June 30, 2020 (all amounts are in Canadian dollars unless otherwise noted). “During the second quarter we took decisive steps to adjust our business model in the face of extremely volatile crude oil markets. We are now starting to benefit from the actions we have taken as we generated positive free cash flow during the quarter and maintained [Read more]

Pieridae secures CAD$6 million account security guarantee facility from Export Development Canada

Pieridae Continues to Gain Support from Key Stakeholders CALGARY, Alberta - Pieridae Energy Limited (Pieridae or the Company) (TSX: PEA.TO) is pleased to announce it has received approval from Export Development Canada (“EDC”) for a CAD$6 million guarantee facility as part of EDC’s Account Performance Security Guarantee (“APSG”) program. The program provides a 100% guarantee to the issuing bank of certain of the Company’s existing and future letters of credit (“LCs”). The APSG will allow [Read more]

Baytex Conference Call and Webcast on Second Quarter 2020 Results to be Held on July 30, 2020

CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 second quarter financial and operating results after the close of markets on Wednesday July 29, 2020.  A conference call and webcast will be held on Thursday July 30, 2020 discuss the results. Conference Call Details: Date: Thursday July 30, 2020 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Dial-in: 1-416-915-3239 (Toronto Local and [Read more]

Cenovus reports second-quarter 2020 results

Company captures value by leveraging flexibility of its operations CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remained focused on financial resilience in the second quarter of 2020 and used the flexibility of its assets and marketing strategy to adapt quickly to the changing external environment. This positioned the company to weather the sharp decline in benchmark crude oil prices in April by reducing volumes at its oil sands operations and storing the mobilized oil in its [Read more]