BOE Report

Pieridae Appoints New Independent Director

Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Mr. Mark Horrox as an additional independent director, effective immediately. Mr. Horrox is a principal at Third Eye Capital ("TEC"). He has 20 years of global experience investing in companies undergoing change or growth. His responsibilities at TEC include advancing the firm's investment activities in the Canadian energy market. Mr. Horrox is the Director of Erikson National Energy [Read more]

Pengrowth Energy to be acquired by Cona Resources for C$740 mln

Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund, pursuant to which the Purchaser has agreed to repay the outstanding principal amount and accrued interest to the date of the Arrangement Agreement owing under the Company’s credit facility (the “Credit Facility”) and [Read more]

TC Energy announces $1.2 Billion West Path Delivery Program

CALGARY, Alberta, Nov. 01, 2019 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced the West Path Delivery Program, a combined $1.2 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) and Foothills Systems, which will connect with the US$335 million GTN XPress Project recently announced by TC PipeLines LP, to deliver the volumes to downstream markets. “The West Path Delivery Program, along with the GTN XPress Project, further enhances [Read more]

TC Energy Declares Quarterly Dividends

Dividend Reinvestment Plan Issuance from Treasury CeasedCALGARY, Alberta, Nov. 01, 2019 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC Energy declared a quarterly dividend of $0.75 per common share for the quarter ending December 31, 2019 on the Company’s outstanding common shares. The common share dividend is payable on January 31, 2020 to shareholders of record at the close of [Read more]

TC Energy reports strong third quarter financial results

Well positioned to fund $30 billion capital program without additional common equity TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for third quarter 2019 of $739 million or $0.79 per share compared to net income of $928 million or $1.02 per share for the same period in 2018. Comparable earnings for third quarter 2019 were $970 million or $1.04 per common share compared to $902 million or $1.00 per common share in 2018. [Read more]

Baytex Announces Third Quarter 2019 Financial and Operating Results

Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2019 (all amounts are in Canadian dollars unless otherwise noted). Strong operating performance has continued across our asset base during the third quarter. We continue to drive cost and capital efficiencies, stable production and substantial free cash flow. Given our year-to-date results, we expect to exceed our 2019 full-year annual production guidance [Read more]

Cenovus continues to deliver strong financial and operating performance in Q3

Company generates $622 million of free funds flow, maintains low cost structure Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver on its commitments to shareholders in the third quarter of 2019. The company generated free funds flow of $622 million while maintaining its industry-leading low cost structure and meeting mandatory production curtailment levels set by the Government of Alberta. Other third-quarter highlights include: Adjusted funds flow of $916 million; cash [Read more]

Royal Dutch Shell reports third quarter 2019 results

SUMMARY OF UNAUDITED RESULTS Quarters $ million Nine months Q3 20191 Q2 20191 Q3 2018 %2 Reference 20191 2018 % 5,879 2,998 5,839 +1 Income/(loss) attributable to shareholders 14,878 17,762 -16 6,081 3,025 5,570 +9 CCS earnings attributable to shareholders Note 2 14,399 16,499 -13 1,313 (437) (54) Of which: Identified items A 868 783 4,767 3,462 5,624 -15 CCS earnings attributable to shareholders excluding identified [Read more]

Suncor Energy reports third quarter 2019 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars, and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 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 Libya, which is on an entitlement basis. Certain financial measures referred to in this news [Read more]

TransGlobe Energy Corporation Announces Third Quarter 2019 Financial and Operating Results for the three and nine months ended September 30, 2019

TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ: “TGA”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019.  All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Interim Financial Statements together with the notes related thereto, as well as TransGlobe's Management's Discussion and Analysis for the three and nine month [Read more]