BOE Report

TransAlta reports third quarter 2023 results

CALGARY, AB, Nov. 7, 2023 /PRNewswire/ - Third Quarter 2023 Financial Highlights Earnings before income taxes of $453 million, an improvement of $327 million from the same period in 2022 Net earnings attributable to common shareholders of $372 million, an increase of $311 million from the same period in 2022 Cash flow from operating activities of $681 million, an increase of $477 million from the same period in 2022 Adjusted EBITDA(1) of $453 million, a decrease of 18% over the [Read more]

TransAlta to acquire Heartland Generation from Energy Capital Partners for $658 million – expands capabilities to meet demands of energy transition

CALGARY, AB, Nov. 2, 2023 /PRNewswire/ - Highlights Highly accretive to free cash flow and cash yield upon closing with approximately 55% of revenues contracted with a weighted-average remaining life of 16 years Transaction valued at approximately $658 million, inclusive of the assumption of $268 million of low-cost debt, with an expected EBITDA multiple of approximately 5.5x Corporate pre-tax synergies expected to exceed $20 million annually Adds 1,844 MW (net interest) of [Read more]

Crescent Point announces Q3 2023 results

CALGARY, AB, Nov. 2, 2023 /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 quarter ended September 30, 2023. KEY HIGHLIGHTS Generated third quarter excess cash flow of $322 million ($0.60 per share), with full-year 2023 expected to total over $1.0 billion. Returned $480 million to shareholders year-to-date, including $188 million or 60 percent of excess cash flow, [Read more]

Crescent Point confirms quarterly dividend and declares third quarter special dividend

CALGARY, AB, Nov. 2, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash base dividend and a special cash dividend in alignment with the Company's return of capital framework. The quarterly cash base dividend of CDN $0.10 per share will be paid on January 2, 2024 for shareholders of record on December 15, 2023. Based on Crescent Point's third quarter 2023 financial results, a [Read more]

Enbridge provides notice of Series N Preferred Shares conversion right and announces reset dividend rates

CALGARY, AB, Nov. 1, 2023 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series N (Series N Shares) (TSX: ENB.PR.N) on December 1, 2023. As a result, subject to certain conditions, the holders of the Series N Shares have the right to convert all or part of their Series N Shares on a one-for-one basis into Cumulative Redeemable [Read more]

Vermilion Energy Inc. announces $0.10 CDN cash dividend for January 15, 2024 payment date

CALGARY, AB, Nov. 1, 2023 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.10 CDN per share, payable on January 15, 2024 to all shareholders of record on December 29, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Vermilion Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of [Read more]

Gibson Energy declares dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB, Oct. 30, 2023 /PRNewswire/ - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.39 per common share payable on January 17, 2024, to shareholders of record at the close of business December 29, 2023.  This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian [Read more]

Gibson Energy announces 2023 third quarter results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB, Oct. 30, 2023 /CNW/ - Gibson Energy Inc. announced today its financial and operating results for the three and nine months ended September 30, 2023. "With the successful closing of the Gateway Terminal acquisition during the third quarter, Gibson is pleased to report solid results driven by the Infrastructure segment exceeding expectations and Marketing meeting expectations," said Steve Spaulding, President [Read more]

Crescent Point announces Q3 2023 conference call

CALGARY, AB, Oct. 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its third quarter 2023 financial and operating results via press release prior to the opening of markets on Thursday, November 2, 2023. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join [Read more]

TransAlta to host 2023 investor day

CALGARY, AB, Oct. 19, 2023 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta") is pleased to announce that it will hold an Investor Day in Toronto on Tuesday, November 21, 2023. The event will be a hybrid format, with in-person and live webcast attendance options available. The formal presentations will commence at 9:30 a.m. (ET) (7:30 a.m. MT) and are expected to conclude by approximately 12:00 p.m. (ET) (10:00 p.m. MT). The event will feature presentations from John [Read more]