BOE Report

Crescent Point plans name change to Veren

CALGARY, AB, March 20, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announced today that it intends to change its name to Veren Inc. ("Veren") and will seek shareholder approval for the change at its upcoming Annual and Special Meeting of Shareholders ("AGM") on May 10, 2024. "Our new name and logo represent the culmination of our remarkable transformation over the last several years and better reflect the notable improvements we [Read more]

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

CALGARY, AB, March 14, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of March operations will be paid on April 15, 2024 to shareholders of record on March 31, 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 is focused [Read more]

Crescent Point receives approval for normal course issuer bid

CALGARY, AB, March 7, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the Toronto Stock Exchange ("TSX") has accepted its notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 61,663,522 common shares, or 10 percent of the Company's public float, as at February 29, 2024. The NCIB is scheduled to commence on March 11, 2024 and is due to expire on March 10, 2025. Purchases of [Read more]

Enbridge completes acquisition of The East Ohio Gas Company

CALGARY, AB, March 7, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of The East Ohio Gas Company ("EOG") from Dominion Energy, Inc. The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit. EOG is a premier single-state utility, serving over 1.2 million customers across more than 400 communities in Ohio, with key locations in major [Read more]

Enbridge extends visible growth outlook, reiterates strategic priorities and announces accretive investments

CALGARY, AB, March 6, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) is providing an update on its strategic priorities and financial outlook, which will be further discussed at the Company's investor conference today in New York. A virtual broadcast of the event is also available for registered participants. Highlights Extending average annual growth rate through 2026 of: 7%-9% for adjusted earnings before interest, income taxes and depreciation [Read more]

Enbridge receives Canada Energy Regulator approval for Mainline Tolling Settlement

CALGARY, AB, March 4, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that the Canada Energy Regulator (CER) has approved the Mainline Tolling negotiated settlement effective until December 31, 2028. The settlement sets tariffs for crude oil and liquids shipments that start in Western Canada and are delivered across Canada and North America. "We're pleased that the CER approved the settlement and believe it creates value for all. Our [Read more]

EQT announces strategic production curtailment

PITTSBURGH, March 4, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to the current low natural gas price environment resulting from warm winter weather and consequent elevated storage inventories. The Company expects to maintain this curtailment through the month of March and will reassess market conditions thereafter. [Read more]

Marathon Oil Corporation announces key Officer promotions

HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Rob L. White has been promoted to Executive Vice President and Chief Financial Officer, effective May 1, 2024, and that Zach Dailey, Vice President, Internal Audit, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer, effective May 1, 2024. Mr. White will replace Dane Whitehead, who informed the Company of his intention to retire from Marathon Oil effective July 1, [Read more]

Crescent Point announces filing of 2023 annual information form and Form 40-F

CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2023, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR+"). In addition, Crescent Point has filed its Form 40-F for the year ended December 31, 2023, which includes the AIF, with the United States Securities and [Read more]

Crescent Point announces 2023 results & reserves

CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2023. KEY HIGHLIGHTS Transformed portfolio, increasing premium inventory to over 20 years and enhancing excess cash flow profile. Replaced over 900 percent of 2023 production on a 2P reserves basis including strategic A&D, or 150 percent organically. Generated [Read more]