BOE Report

Enbridge Reports 2015 Results

CALGARY, ALBERTA--(Marketwired - Feb. 19, 2016) - HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Fourth quarter earnings were $378 million and full year loss was $37 million, both including the impact of a number of unusual, non-recurring or non-operating factors Fourth quarter and full year adjusted earnings were $494 million and $1,866 million, respectively, or $0.58 and $2.20 per common share, respectively Fourth quarter [Read more]

Enbridge Income Fund Holdings Inc. Reports Strong 2015 Results

CALGARY, ALBERTA--(Marketwired - Feb. 19, 2016) - Enbridge Income Fund Holdings Inc. (TSX:ENF) HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Fourth quarter earnings were $41 million or $0.47 per common share; earnings for the full year were $138 million or $1.86 per common share The Company increased its monthly dividend by 10 percent to $0.1555 per common share effective with the January [Read more]

Veresen Announces February 2016 Dividend

CALGARY, ALBERTA--(Marketwired - Feb. 18, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today announced that its Board of Directors has declared a cash dividend for February 2016 of $0.0833 per common share. The dividend will be paid on March 23, 2016 to shareholders of record at the close of business on February 29, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. The dividend is eligible to be reinvested by shareholders, at a 5% discount, in [Read more]

Inter Pipeline Reports Record Financial Results for 2015

CALGARY, ALBERTA--(Marketwired - Feb. 18, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today financial and operating results for the three and twelve month periods ended December 31, 2015. 2015 Highlights Generated record funds from operations* of $774 million, a 37 percent increase over 2014 results Net income increased 33 percent to a record $463 million for the year Declared cash dividends of $497 million, or $1.49 per share Attractive annual payout ratio* [Read more]

Advantage Announces $87.5 Million Equity Financing

CALGARY, ALBERTA--(Marketwired - Feb. 18, 2016) - Advantage Oil & Gas Ltd. (TSX:AAV) (NYSE:AAV) ("Advantage" or the "Corporation") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by FirstEnergy Capital Corp. pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 11,750,000 common shares of Advantage ("Common Shares") at a price of $7.45 per Common Share, for aggregate gross proceeds of $87.5 million (the [Read more]

Commodity Prices Lose Ground Again in January: Scotiabank

TORONTO, ON--(Marketwired - February 18, 2016) -  Scotiabank's Commodity Price Index lost ground again in January, declining 5.1% month-over-month (m/m), pushed down by financial market volatility and heightened concern over the outlook for China and global growth. The All Items Index has now dropped 26% below the April 2009 bottom during the last recession and is lower than a decade ago. The Oil & Gas Index once more led commodity prices lower in January (-15.9% m/m & -38.1% yr/yr). [Read more]

TransAlta Reports Fourth Quarter and Full Year 2015 Results

CALGARY, ALBERTA--(Marketwired - Feb. 18, 2016) - TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA)(NYSE:TAC) today reported its fourth quarter and full year 2015 financial results. Comparable EBITDA(1)for the fourth quarter 2015 was $268 million compared to $301 million during the same period last year. Excluding a non-cash adjustment to provisions relating mostly to prior year events, comparable EBITDA would have been $327 million in the fourth quarter. Comparable FFO(1) for the [Read more]

Teekay Offshore Partners Reports Fourth Quarter and Annual 2015 Results

HAMILTON, BERMUDA--(Marketwired - Feb. 18, 2016) - Highlights Generated distributable cash flow of $67.0 million, or $0.62 per common unit, in the fourth quarter of 2015 and $244.7 million, or $2.29 per common unit, during 2015. Generated cash flow from vessel operations of $172.9 million and $588.4 million in the fourth quarter and fiscal year of 2015, respectively, increases of 38 percent and 25 percent from the same periods of the prior [Read more]

Teekay LNG Partners Reports Fourth Quarter and Annual 2015 Results

HAMILTON, BERMUDA--(Marketwired - Feb. 18, 2016) - Highlights Generated distributable cash flow of $61.5 million, or $0.77 per common unit, in the fourth quarter of 2015 and $254.6 million, or $2.89 per common unit during 2015. Generated total cash flow from vessel operations of $121.1 million and $474.0 million in the fourth quarter and fiscal year 2015, respectively, compared to $125.0 million and $490.4 million from the same periods of the [Read more]

Teekay Corporation Reports Fourth Quarter and Annual 2015 Results

HAMILTON, BERMUDA--(Marketwired - Feb. 18, 2016) - Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported financial and operating results for the fourth quarter and fiscal year 2015. These results include the Company's three publicly-listed subsidiaries (Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK)) (collectively, the Daughter Entities), all of which are consolidated [Read more]