BOE Report

Enbridge Inc. to Host Webcast to Discuss 2024 Third Quarter Results on November 1

CALGARY, AB, Oct. 4, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 third quarter results on November 1, 2024, at 7 a.m. MT (9 a.m. ET). The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after [Read more]

Shell poised to add pipeline capacity in the Gulf of Mexico

HOUSTON, Oct. 3, 2024 /PRNewswire/ -- Shell Pipeline Company LP ("Shell") today announced the Final Investment Decision (FID) for the Rome Pipeline, an offshore pipeline construction project increasing access between Shell's Green Canyon Block 19 ("GC-19") pipeline hub platform and the Fourchon Junction facility on the Louisiana Gulf Coast. The pipeline will bring additional capacity to Shell's extensive Gulf of Mexico (GoM) footprint, expanding support for domestic oil production in the western [Read more]

Enbridge sanctions pipelines to support bp’s new deepwater U.S. Gulf of Mexico development

HOUSTON, Oct. 3, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today that it will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production Company ("bp"). The crude oil pipeline, named the Canyon Oil Pipeline System ("Canyon Oil"), will be a combination of 24" and 26" pipe with capacity of 200,000 barrels per day. It will originate in the [Read more]

Ovintiv renews annual share buy-back program

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Sept. 26, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders. The Toronto Stock Exchange ("TSX") has accepted Ovintiv's notice of intention [Read more]

Chesapeake Energy Corporation and Southwestern Energy Company combination expected to close in the first week of October

Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under "EXE" ticker symbol OKLAHOMA CITY and SPRING, Texas, Sept. 26, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies' pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") has expired. The companies expect the merger [Read more]

ATB Capital Markets’ Fall Energy Sector Survey reveals moderate growth trajectory for 2025 as industry sentiment softens

75 per cent of respondents expect WTI crude prices to average above $75/bbl over the next three to five years. 38 per cent of respondents expect energy to outperform the TSX/S&P 500 over the next 12 months, revealing a 29 percentage point decline in investor optimism compared to ATB Capital Markets' Spring Energy Survey results. 53 per cent of E&P respondents view Canada's Bill C-59 as "very impactful," with survey results finding a sizable reduction in the willingness of energy [Read more]

Whitecap Resources Inc. provides operational update, enters into new unsecured credit facility and releases investment grade credit rating

CALGARY, AB, Sept. 19, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce operational highlights that demonstrate continued production momentum and closing of our new unsecured credit facilities concurrent with the release of our investment grade credit rating. Operations Update Whitecap has had excellent operational success in the first half of 2024 and the outperformance continues in the third quarter with our base level of production [Read more]

Steelhead LNG initiates patent infringement litigation against Cedar LNG and Samsung Heavy Industries in Korea

VANCOUVER, BC, Sept. 16, 2024 /PRNewswire/ -- Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the commencement of patent infringement proceedings against [Cedar LNG] and Samsung Heavy Industries Co., Ltd. ("Samsung Heavy") in the Republic of Korea. This litigation marks a significant step in Steelhead LNG's ongoing efforts to protect its proprietary technology and intellectual property rights. Steelhead LNG has filed a lawsuit with the [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.17 per share for October 15, 2024

CALGARY, AB, Sept. 16, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.17 per share for October 15, 2024 to shareholders of record on  September  27, 2024. At September 16, 2024, the trailing 12-month payments to shareholders total $0.68 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations. ARC's investment-grade [Read more]

Whitecap Resources Inc. confirms monthly dividend for September of $0.0608 per share

CALGARY, AB, Sept. 16, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of September operations will be paid on October 15, 2024 to shareholders of record on September 30, 2024.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business [Read more]