BOE Report

ARC Resources announces second long-term natural gas supply agreement with Cheniere

Agreement broadens the Company's market diversification with access to Europe and TTF-linked pricing CALGARY, AB, Nov. 29, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd., through its subsidiary ARC Resources U.S. Corp. (collectively, "ARC" or the "Company"), today announced it has entered into a long-term natural gas supply agreement ("the Agreement") with Sabine Pass Liquefaction Stage V, LLC, a subsidiary of Cheniere Energy, Inc. ("Cheniere"). Under the agreement, ARC will supply 140,000 [Read more]

Enbridge announces 2024 financial guidance and 3% dividend increase

CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2024 financial guidance and an annualized common share dividend increase from $3.55 to $3.66 per share effective March 1, 2024. HIGHLIGHTS (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release) Announced 2024 [Read more]

Enbridge Inc. announced 3.1% quarterly dividend increase for 2024

CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on March 1, 2024 to shareholders of record on February 15, 2024.  The declared dividend represents a 3.1% increase from the prior quarterly rate and the twenty-ninth consecutive year in which the Company has increased its common share dividend. DIVIDEND DECLARATION On [Read more]

TransAlta announces growth targets to 2028, financial outlook for 2024 and declares dividend increase of 9%

CALGARY, AB, Nov. 21, 2023 /PRNewswire/ - Highlights Expanded growth targets to deliver up to 1.75 GW with a target investment of $3.5 billion by 2028 which will deliver annual EBITDA of $350 million Growth will focus on customer-centred renewables and storage through the execution of its current 4.8 GW development pipeline Expand development pipeline to reach 10 GW by 2028 to enable additional growth potential TransAlta's Board of Directors has approved a dividend increase on [Read more]

Ovintiv announces upsize and pricing of offering of common stock by a selling stockholder

DENVER, Nov. 20, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced the upsize and pricing of a previously announced underwritten public offering of its common stock (the "Offering") by NMB Stock Trust, a Delaware statutory trust (the "Selling Stockholder"). The size of the Offering increased from the previously announced 8,400,000 shares to an aggregate of 9,400,000 shares of the Company's common stock at a price to the public of US$44.35 per share, for [Read more]

Ovintiv announces secondary offering of common stock by a selling stockholder

DENVER, Nov. 20, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV), (TSX: OVV) (the "Company" or "Ovintiv") today announced that NMB Stock Trust, a Delaware statutory trust (the "Selling Stockholder"), intends to offer for sale 8,400,000 shares of the Company's common stock, par value US$0.01 per share, pursuant to the Company's shelf registration statement previously filed with the Securities and Exchange Commission (the "Offering"). Ovintiv issued the shares to the Selling Stockholder on June 12, [Read more]

Government of Canada launches $1.5-billion Critical Minerals Infrastructure Fund

OTTAWA, ON, Nov. 20, 2023 /CNW/ - Critical minerals are key enablers of clean technologies, like batteries, and clean energy sources, such as wind turbines and solar panels, which are essential to achieving a net-zero-emissions future and fighting climate change. Canada is already a leading supplier of sustainably sourced minerals and materials and is committed to making strategic investments to reinforce its position and drive job creation and economic growth in every region of the [Read more]

Vermilion Energy Inc. acquires common shares and warrants of Coelacanth Energy Inc.

CALGARY, AB, Nov. 16, 2023 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the "Early Warning Report") in respect of its holdings in Coelacanth Energy Inc. ("Coelacanth"). Vermilion has acquired ownership of, or control and direction over, additional common shares ("Common Shares") of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to [Read more]

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

CALGARY, AB, Nov. 15, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of November operations will be paid on December 15, 2023 to shareholders of record on November 30, 2023.  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 [Read more]

Strathcona Resources Ltd. reports third quarter 2023 results and announces 2023 and 2024 guidance

CALGARY, AB, Nov. 13, 2023 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its third quarter 2023 financial and operational results. These results do not include contribution from Pipestone Energy Corp. ("Pipestone"), one of the Company's predecessors which was acquired by Strathcona by way of a plan of arrangement (the "Pipestone Transaction"), which was completed subsequent to the quarter end, on October 3, 2023. A copy of Pipestone's 2023 [Read more]