BOE Report

Freehold Royalties announces amendment to credit facilities agreement

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces an amendment to its credit facilities agreement with its syndicate of four Canadian banks. The amended credit facilities have been increased from $300 million to $400 million, including an increase to the committed revolving facility from $285 million to $380 million and an increase to the operating facility from $15 million to $20 million. The agreement also carries an [Read more]

Peyto reports strong third quarter results and preliminary 2025 capital program

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report its operating and financial results for the third quarter of 2024 and a preliminary capital plan for 2025. Highlights: Delivered $154.3 million in funds from operations1,2 ("FFO"), or $0.78/diluted share, generated earnings of $51.0 million, or $0.26/diluted share, and returned $64.7 million of dividends to shareholders. Production volumes [Read more]

TC Energy 2024 Investor Day event to be webcast

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024. Members of TC Energy’s senior leadership team will demonstrate the Company’s 2025 strategic priorities, long-term strategic outlook and growth objectives. The event will be webcast (video) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at Investor Day [Read more]

Gibson Energy announces closing of $350 million note offering and redemption of its 2026 notes

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it has closed the previously announced offering of $350 million of 4.45% senior unsecured notes maturing on November 12, 2031 (the “Notes”). The Notes have been assigned ratings of “BBB–” by S&P Global Ratings and “BBB (low)” with a “Stable” trend by DBRS Morningstar. Gibson used the net [Read more]

International Petroleum Corporation announces results of normal course issuer bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 111,200 IPC common shares (ISIN: CA46016U1084) during the period of November 1 to 8, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 [Read more]

Freehold Royalties Announces Third Quarter Results and Schedules 2024 Investor Day

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces third quarter results for the period ended September 30, 2024. Third Quarter Summary $74 million in revenue; $56 million in funds from operations ($0.37/share)(1)(3); $41 million in dividends paid ($0.27/share)(2); 9,367 bbls/d of total liquids production; An increase of 3% from Q3-2023 and a 4% increase YTD 2024 compared to YTD 2023; Realized crude [Read more]

NuVista Energy Ltd. Announces Strong Third Quarter 2024 Financial and Operating Results, LNG Agreement, 2025 Budget, and Enhanced Shareholder Return Strategy

CALGARY, Alberta, Nov. 08, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce strong financial and operating results for the three and nine months ended September 30, 2024, and to provide an update on our operational performance. The quality and composition of our asset base consistently enables us to generate strong returns across commodity price cycles. Subsequent to the third quarter, our daily production has reached new record levels, [Read more]

Pieridae releases Q3 2024 financial and operating results

Successfully executes another stage of its corporate strategy by closing the sale of Goldboro, fully repaying the high-interest bridge loan, and completing an equity private placement CALGARY, Alberta, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its third quarter 2024 financial and operating results. The Company produced 23,116 boe/d and generated Net Operating Income1 (“NOI”) of $19.8 million during the third [Read more]

TC Energy appoints two new independent directors

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- News Release - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) is pleased to announce the appointment of two new independent directors, Scott Bonham and Dawn Madahbee Leach, to the Board of Directors. Mr. Bonham brings extensive governance, finance, and leadership experience, notably in the technology sector. He has served on the boards of multiple private and public companies, including his current board appointments with Loblaw [Read more]

TC Energy reports solid third quarter 2024 operating and financial results

Southeast Gateway makes significant progress toward completion with estimated capital expenditures 11 per cent lower to US$3.9 to US$4.1 billion Overall net capital expenditure outlook for 2024 revised eight per cent lower to $7.4 to $7.7 billion reflecting project execution and optimization CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its third quarter results today. François Poirier, TC Energy’s President and [Read more]