BOE Report

Athabasca Oil Announces 2025 First Quarter Results Highlighted by 63% Growth in Funds Flow Per Share and Strong Operational Execution Driving a Robust Return of Capital Program

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its first quarter results highlighted by strong operational execution driving robust return of capital with the full completion of its second annual share buyback program. The Company is in an enviable position to weather market volatility with low corporate break-evens, long-life assets and a pristine balance sheet. Q1 2025 Consolidated Corporate [Read more]

Pieridae Releases Q1 2025 Financial and Operating Results

Production Reactivation, Strong Cash Flow and Hedge Monetization Drive Lower Debt CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its first quarter 2025 financial and operating results. The Company produced 22,584 boe/d and generated Net Operating Income1 (“NOI”) of $32.6 million during the first quarter of 2025. Management’s discussion and analysis (“MD&A”) and unaudited interim condensed [Read more]

Petrus Resources Announces First Quarter 2025 Financial and Operating Results

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2025. Q1 2025 HIGHLIGHTS: Capital Activity – Invested $17.3 million in capital during the quarter. Approximately 60% was directed toward the drilling, completing and tie-in of 7 gross (4.1 net) wells. Most of the remaining capital expenditures went to the construction of a [Read more]

International Petroleum Corporation Announces 2025 Annual General Meeting Voting Results

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2025 Annual General Meeting of Shareholders held on May 7, 2025 in Calgary, Alberta. Number of Directors The number of Directors of the Corporation was set at eight. Votes For % For Votes Against % Against 62,055,815 99.98 10,847 0.02 Election of [Read more]

Gibson Energy Announces Voting Results for Election of Board of Directors

CALGARY, Alberta, May 06, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today the voting results for the election of directors at the Company’s hybrid annual and special meeting of shareholders held on May 6, 2025. Voting Results Name of Nominee Votes For (%) For Votes Withheld (%) Withheld James M. Estey 106,873,651 94.68% 6,008,544 5.32% Douglas P. Bloom 111,845,680 99.08% 1,036,515 0.92% Judy E. [Read more]

International Petroleum Corporation Announces First Quarter 2025 Financial and Operational Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2025. William Lundin, IPC's President and Chief Executive Officer, comments: “We are pleased to announce another strong quarter of operational and financial performance for Q1 2025. IPC achieved an average net daily production during the quarter of 44,400 [Read more]

Gibson Energy Declares Dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson”, or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.43 per common share, payable on July 17, 2025, to shareholders of record at the close of business on June 30, 2025. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, [Read more]

Gibson Energy Reports 2025 First Quarter Results Driven by Record Infrastructure EBITDA and All-Time High Volumes at Gateway and Edmonton

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three months ended March 31, 2025. Key Highlights: All-time high volumes at both the Gateway and Edmonton terminals drove record Infrastructure Adjusted EBITDA(1) of $155 million Realized recurring and non-recurring cost savings of approximately $6 [Read more]

Diamondback Energy, Inc. Announces First Quarter 2025 Financial and Operating Results

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 475.9 MBO/d (850.7 MBOE/d) Net cash provided by operating activities of $2.4 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $2.5 billion Cash capital [Read more]

Letter to Stockholders Issued by Diamondback Energy, Inc.

MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders simultaneously with our earnings release. Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter. Macro Update The past two months have been challenging for the U.S. [Read more]