Net earnings of $304.0 million ($0.53 per share on a diluted basis) for the first quarter of fiscal 2016. Excluding non-recurring items for both comparable periods, net earnings for the quarter would have been approximately $299.0 million (unchanged at $0.53 per share on a diluted basis) compared with $276.0 million ($0.48 per share on a diluted basis) for the first quarter of fiscal 2015, an increase of 8.3%. Same-store merchandise revenues up 5.1% in the U.S., 1.3% in Europe and 2.3% in [Read more]
/C O R R E C T I O N from source — Alimentation Couche-Tard inc./
In the news release, Alimentation Couche-Tard announces its results for its first quarter of fiscal year 2016, issued 01-Sep-2015 by Alimentation Couche-Tard inc. over CNW, we are advised by the company that in the first set of bullets, the last bullet should read "On August 1st, 2015..." rather than "On July 31, 2015..." The complete, corrected release follows: Alimentation Couche-Tard announces its results for its first quarter of fiscal year 2016 Net earnings of $304.0 million ($0.53 per [Read more]
Par Petroleum Corporation to Present at the Imperial Capital 9th Annual Global Opportunities Conference
HOUSTON, Sept. 1, 2015 /PRNewswire/ -- Par Petroleum Corporation (NYSE MKT: PARR) ("Par") announced today that its management team will participate at the Imperial Capital 9th Annual Global Opportunities Conference to be held in New York City, September 17, 2015. Joseph Israel, Par's President and Chief Executive Officer, is scheduled to present at 10:30 a.m. Eastern Time on Thursday, September 17, 2015. The accompanying slides will be available on the Investor Relations section of Par's [Read more]
W&T Offshore Announces Sale of its Yellow Rose Field in the Permian Basin of West Texas
HOUSTON, Sept. 1, 2015 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today announced that it has entered into a definitive agreement with Ajax Resources, LLC for the sale of all of its interest in its Yellow Rose field in the Permian Basin. Gross pre-tax proceeds from the transaction are expected to be approximately $376,100,000, subject to customary closing adjustments. W&T also reserved a one to four percent sliding scale overriding royalty interest in the field. The transaction is expected [Read more]
Penn West Announces Further Actions In Response To Current Commodity Price Environment And Updates 2015 Guidance
CALGARY, Sept. 1, 2015 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces it has taken the following further actions in response to the current commodity price environment: we will limit our capital expenditures to funds flow from operations by year-end 2015 we will suspend our dividend and reduce board compensation we will significantly reduce our cost structure through a 35% workforce reduction "We continue to take [Read more]
Cenovus completes transaction to purchase rail terminal
Facility ownership strengthens market access CALGARY, Aug. 31, 2015 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed its previously announced purchase of Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta. The acquisition is part of Cenovus's strategy to build a strong portfolio of transportation options to help maximize market access and capture global prices for its oil. The company is [Read more]
Rowan Provides Fleet Contract Status Update
HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that its report of drilling rig status and contract information has been updated as of August 31, 2015. The report titled "Fleet Status Report" can be found on the Company's website at www.rowan.com. Notable events in the current report include: Rowan Middletown: Awarded three-year extension through August 2018 with Saudi Aramco at a day rate of $69,000. Charles Rowan: Awarded [Read more]
Petrolympic Announces Planning of Operations in Mitis Property and General Updates
TORONTO, Aug. 31, 2015 /PRNewswire/ - Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX-V: PCQ, OTCQB: PCQRF) is pleased to announce that a drilling location has been identified and field operations are being planned in its 100% owned Mitis property (the "Property") in the Gaspe/Lower St. Lawrence area. Petrolympic has identified several promising conventional drilling targets on the Property after reprocessing and reinterpreting its proprietary seismic data. Three of these targets are [Read more]
Oceaneering Appoints Suzanne Spera as Director, Investor Relations
HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) announced today that Suzanne Spera has joined Oceaneering as Director, Investor Relations. Ms. Spera's business career spans over 15 years in investor relations for energy companies. From 2008-2015 she was the Director, Investor Relations at Rowan Companies plc. Prior to that, she held investor relations positions at Synthesis Energy Systems, Inc., Cheniere Energy, Inc., and Petroleum Geo-Services ASA. Ms. [Read more]
Wet'suwet'en Chiefs say Unist'ot'en do not Speak for their Nations
Four Wet'suwet'en Chiefs challenge recent media coverage BURNS LAKE, BC, Aug. 31, 2015 /CNW/ - Wet'suwet'en First Nation Chief Karen Ogen, Nee Tahi Buhn Chief Ray Morris, Burns Lake Band Chief Dan George, and Skin Tyee Nation Chief Rene Skin, say they are disappointed at recent media coverage that represents the Unist'ot'en as speaking for their Nations, and that fails to represent the complexity of the issues. "We have long believed it is short sighted to turn down [Read more]
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