CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2021, its updated 2021 guidance and its preliminary outlook for 2022. “Birchcliff delivered exceptional third quarter results, highlighted by record quarterly adjusted funds flow(1) of $168.1 million and free funds flow(1) of $150.1 million, with quarterly average production of 84,924 boe/d,” [Read more]
InPlay Oil Corp. announces third quarter 2021 financial and operating results highlighted by record quarterly production and financial results
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2021 will be available at “www.sedar.com” and our website at “www.inplayoil.com”. We are very pleased to present [Read more]
NuVista Energy Ltd. announces strong third quarter 2021 financial and operating results and 2022 budget
CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce financial and operating results for the three and nine months ended September 30, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This was a successful quarter for NuVista, with results that included the continued ramp-up of production in the new Pipestone North compressor station facility, the [Read more]
Pipestone Energy Corp. reports record third quarter 2021 results and provides an operations update
CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its Q3 2021 financial and operational results, as well as provide an update on its operations. During Q3 2021, Pipestone delivered a third consecutive record quarter with respect to production, revenue, and cash flow, underpinned by the continued efficient execution of its organic development program. Commencing in Q4 2021, the Company expects to generate significant free cash flow, with [Read more]
Peyto reports third quarter 2021 results, reinstates monthly dividend
CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (PEY – TSX) is pleased to present its operating and financial results for the third quarter of the 2021 fiscal year. A 63% Operating Margin (1) and a 18% Profit Margin (2) in the quarter delivered an 8% Return on Capital and a 9% Return on Equity, on a trailing twelve-month basis. Highlights for the quarter included: Funds from operations per share up 110%. Funds from Operations (“FFO”) were $105 million [Read more]
Cardinal Energy Ltd. announces third quarter 2021 financial results and 2022 operating and capital budget
CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the third quarter ended September 30, 2021 and its 2022 budget. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis for the three and nine months ended September 30, 2021 which are [Read more]
TC Energy reports strong results while progressing numerous growth initiatives
CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for third quarter 2021 of $779 million or $0.80 per share compared to net income of $904 million or $0.96 per share for the same period in 2020. Comparable earnings for third quarter 2021 were $1.0 billion or $0.99 per common share compared to $893 million or $0.95 per common share in 2020. TC Energy's Board of Directors also declared a quarterly dividend [Read more]
TC Energy announces US$0.8 billion WR Project
HOUSTON – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has approved its WR Project (the Project), a set of projects anticipated to constitute a total capital investment of approximately US$0.8 billion. The Project is designed to increase base system reliability and expand an existing portion of the ANR Pipeline Company (ANR) system to serve markets in the midwestern U.S., while lowering emissions by approximately 30,000 metric tons CO2e (carbon dioxide equivalent) [Read more]
TC Energy declares quarterly dividends
CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.87 per common share for the quarter ending Dec. 31, 2021 on the Company’s outstanding common shares. The common share dividend is payable on Jan. 31, 2022 to shareholders of record at the close of business on Dec. 31, 2021. The Board also declared quarterly dividends on the Company’s outstanding Cumulative First Preferred [Read more]
Crew Energy Inc. announces third quarter 2021 results highlighted by strong financial and operating performance
CALGARY, Alberta - Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia, is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2021. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at [Read more]
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