BOE Report

Blackcomb Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region

AUSTIN, Texas, July 31, 2024 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB), through the WPC Joint Venture, the joint venture that owns the Whistler Pipeline, have partnered with an affiliate of Targa Resources Corp. (NYSE: TRGP) to reach final investment decision to move forward with the construction of the Blackcomb Pipeline after having secured sufficient firm transportation agreements with predominantly investment grade [Read more]

Ovintiv reports second quarter 2024 financial and operating results

Operational Excellence Drives Strong Financial Results; Production Guidance Raised Highlights: Generated net earnings of $340 million, cash from operating activities of $1,020 million, Non-GAAP Cash Flow of $1,025 million and Non-GAAP Free Cash Flow of $403 million after capital expenditures of $622 million Second quarter production was at the high-end or above the guidance range on every product with average total production volumes of 594 thousand barrels of oil equivalent per day [Read more]

Enbridge Inc. Declares Quarterly Dividends

CALGARY, AB, July 30, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on September 1, 2024 to shareholders of record on August 15, 2024.  The amount of the dividend is consistent with the June 1, 2024 dividend. The Board also declared the following quarterly dividends for Enbridge Preferred Shares.  All dividends are payable on September 1, 2024 to [Read more]

Veren confirms quarterly dividend

CALGARY, AB, July 25, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on October 1, 2024 to shareholders of record on September 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Veren's dividends are considered "qualified dividends." FOR [Read more]

Whitecap Resources Inc. continues operational momentum and achieves record production

CALGARY, AB, July 24, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2024. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, 2024 which are available at [Read more]

China Daily: Nation’s opening to further intensify

BEIJING, July 19, 2024 /PRNewswire/ -- China's policymakers outlined details of the to-do list for the nation's future opening-up on Friday, pledging initiatives to increase unilateral opening to least-developed countries and expanded access to the commodity, service, capital and labor markets in a well-paced manner. The priorities for the nation's reform and opening-up until 2029 were mapped out during the third plenary session of the 20th Central Committee of the Communist Party of China, [Read more]

Ecopetrol informs of ongoing negotiations with Occidental Petroleum Corp.

BOGOTÁ, Colombia, July 19, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it is engaged in conversations with Occidental Petroleum Corp. (OXY) oriented to consider the potential acquisition by Ecopetrol of a certain percentage of assets owned by CrownRock, a company located in the United States. The percentage of the assets and the price that Ecopetrol would pay are under analysis and assessment by Ecopetrol, and are subject to ongoing negotiations and terms that may [Read more]

Whitecap Resources Inc. confirms monthly dividend for July of $0.0608 per share and announces second quarter 2024 results conference call / webcast

CALGARY, AB, July 15, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of July operations will be paid on August 15, 2024 to shareholders of record on July 31, 2024.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its second quarter 2024 results after market close on Wednesday, July 24, 2024 and has scheduled  [Read more]

Ovintiv to host its second quarter 2024 results conference call and webcast on July 31, 2024

DENVER, July 11, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2024 results conference call at 8:00 a.m. MT, on Wednesday July 31, 2024. The Company plans to release its financial and operating results after market close, Tuesday July 30, 2024. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call without operator [Read more]

Enbridge Inc. to Host Webcast to Discuss 2024 Second Quarter Results on August 2

CALGARY, AB, July 8, 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 second quarter results on August 2, 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]