BOE Report

International Petroleum Corporation Second Quarter 2019 Financial Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2019. Financial and Operational Highlights Average net production of 46,100 barrels of oil equivalent (boe) per day (boepd) for Q2 2019, a four percent increase from Q1 2019. Operating costs per boe of USD 12.6 for Q2 2019, slightly better [Read more]

Toscana Energy Announces Second Quarter 2019 Results

CALGARY, Alberta, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces financial and operating results for the second quarter ended June 30, 2019. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2019. This news release [Read more]

Freehold Royalties Ltd. Announces Second Quarter Results & Increases Production Guidance

CALGARY, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2019. RESULTS AT A GLANCE Three Months Ended Six Months Ended   June 30 June 30 FINANCIAL ($000s, except as noted) 2019 2018 Change 2019 2018 Change Royalty and other revenue   35,333 39,961 -12 % 70,942 79,118 -10 % Net income [Read more]

Canadian Natural Resources Limited Announces 2019 Second Quarter Results

Commenting on the Company's second quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's second quarter results demonstrated the advantages of our diverse and balanced asset base combined with our flexible capital allocation resulting in significant adjusted funds flow in the quarter of approximately $2.7 billion. Throughout the first half of 2019 we were able to deliver on our four pillars of capital allocation through disciplined economic [Read more]

Delphi Energy Corp. Announces Changes to Management Team

CALGARY, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (TSX: DEE) (“Delphi” or the “Company”) announces Mr. Mark Behrman, Chief Financial Officer, has left the Company to explore other opportunities. Mr. Behrman served in this role at the Company for approximately two years. The board of directors of Delphi thanks Mr. Behrman for his contribution to the Company and wishes him the best in his new endeavours. The Company has begun an executive search and expects a replacement to [Read more]

TC Energy reports strong second quarter financial results

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for second quarter 2019 of $1.1 billion or $1.21 per share compared to net income of $785 million or $0.88 per share for the same period in 2018. Comparable earnings for second quarter 2019 were $924 million or $1.00 per common share compared to $768 million or $0.86 per common share in 2018. TC Energy's Board of Directors also declared a quarterly dividend of $0.75 per [Read more]

Baytex Announces Second Quarter 2019 Financial and Operating Results

Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six months ended June 30, 2019 (all amounts are in Canadian dollars unless otherwise noted). Our strong operating performance continues, with our Eagle Ford, Viking and heavy oil assets each delivering robust production and free cash flow. Given our year-to-date results, we are tightening our 2019 production guidance range to 96,000 to 97,000 boe/d (previously 95,000 to 97,000 boe/d) and [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375 (thirty-seven and one half cents) per common share. The dividend will be payable October 1, 2019 to shareholders of record at the close of business on September 13, 2019. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western [Read more]

Athabasca Oil Corporation Announces 2019 Second Quarter Results

Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report continued strong financial performance with its second quarter results. With its resilient business model, the Company is well positioned to generate free cash flow in 2019 and beyond. 2019 Second Quarter Highlights Consolidated Quarterly Results Production of ~34,000 boe/d (85% liquids) Operating income of ~$82 million (excluding hedging) Adjusted funds flow of ~$48 million ($0.09/share) [Read more]

Cardinal Energy Ltd. Announces Second Quarter 2019 Results and Normal Course Issuer Bid

CALGARY, Alberta, July 30, 2019 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended June 30, 2019 and that the Toronto Stock Exchange (the "TSX") has accepted the notice of Cardinal's intention to commence a normal course issuer bid (the "NCIB"). The Company's unaudited financial statements and management's discussion and analysis for the quarter ended June 30, 2019, will be available [Read more]