BOE Report

Inter Pipeline Reports Record 2017 Financial Results

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today financial and operating results for the three and twelve month periods ended December 31, 2017.   2017 Highlights Generated record funds from operations (FFO) of $991 million, a 17 percent increase over 2016  Net income increased by 10 percent to a record $527 million for the year Declared annual cash dividends of $610 million, or $1.63 per share Conservative annual payout [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for March 15, 2018

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") confirms that the monthly dividend with respect to February 2018 of $0.06 per common share is to be paid on March 15, 2018, for shareholders of record on February 28, 2018.  The ex-dividend date is February 27, 2018. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit [Read more]

PrairieSky Royalty Declares February Dividend and Announces Conference Call for 2017 Annual Results

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0625 per common share, payable in cash on March 15, 2018 to shareholders of record on February 28, 2018.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes. PrairieSky will release its Annual and Q4 2017 results on Monday, February 26, 2018 after markets close.  The news release [Read more]

Harvest Operations Corp. Reports 2017 Year End Results

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Harvest Operations Corp. (“Harvest” or the “Company”) announced its financial and operating results for the fourth quarter and full year ended December 31, 2017. This press release is an overview of the fourth quarter and full year results for 2017 and should be read with the audited consolidated financial statements and Management’s Discussion and Analysis (MD&A) for the fourth quarter and full year ended December 31, 2017 available on [Read more]

Why we are fighting: AER president and CEO Jim Ellis

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CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- It’s a disturbing picture: oil and gas companies incentivized to walk away from thousands of wells, leaving behind the mess; receivers of bankrupt companies selling off the good assets and casting aside the bad ones; Albertans and Canadians being forced to bear the multimillion dollar costs of cleaning it all up. In Alberta, we live by a simple rule: if you’re going to profit from our energy resources, you must be responsible and properly [Read more]

TransCanada Announces $2.4 Billion Expansion to Increase Market Access for WCSB Supply

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will move forward with a $2.4 billion expansion of its NGTL System to connect incremental supply and expand basin export capacity by one billion cubic feet of natural gas per day (Bcf/d) at the interconnection with its Canadian Mainline. NGTL recently completed an open season for existing and export capacity at the Empress/McNeill Export Delivery [Read more]

Birchcliff Energy Ltd. Announces Unaudited 2017 Year-End and Fourth Quarter Results, 2017 Reserves Highlights and 2018 Capital Program

CALGARY, Alberta, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce its unaudited 2017 year-end and fourth quarter financial and operational results, highlights from its independent reserves evaluations effective December 31, 2017 and its 2018 capital expenditure program. Birchcliff is also pleased to provide an operational overview and update. Message to Shareholders Birchcliff achieved record quarterly average production of 80,103 boe/d [Read more]

TransCanada Reports Record Financial Results for 2017

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per [Read more]

TransCanada Declares Quarterly Dividends

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending March 31, 2018 on the Company’s outstanding common shares. The common share dividend is payable on April 30, 2018 to shareholders of record at the close of business on March 29, 2018. The quarterly amount is [Read more]

Encana delivers strong fourth quarter and 2017 results; company announces $400 million share repurchase program

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) -- (TSX:ECA) (NYSE:ECA) Encana delivered outstanding financial and operating results in the fourth quarter to close a year of strong, consistent performance. The company met or exceeded its 2017 guidance targets, generated net earnings of $827 million, cash from operating activities of $1.1 billion and expanded its non-GAAP cash flow margin by 81 percent from 2016. Encana is positioned to meet or exceed the targets outlined in its five-year [Read more]