BOE Report

Enerplus announces renewal of normal course issuer bid

CALGARY, AB, Aug. 15, 2023 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced acceptance by the Toronto Stock Exchange (the "TSX") of its notice to commence a normal course issuer bid (the "Bid"). Pursuant to the Bid, Enerplus proposes to purchase through the facilities of the TSX, the New York Stock Exchange ("NYSE") and/or alternative trading systems, from time to time over the next 12 months, if considered advisable, up to 20,970,238 common [Read more]

Enerplus announces 9% increase to its quarterly cash dividend for September 2023

CALGARY, AB, Aug. 9, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that its dividend will increase 9%, to US$0.06 per share, effective with the September 15, 2023 dividend, which is payable to all shareholders of record at the close of business on August 31, 2023. The ex-dividend date for this payment is August 30, 2023. The US$0.06 per share dividend is equivalent to approximately CDN$0.080 per share if converted using the current US/Canadian dollar [Read more]

Enerplus announces second quarter 2023 results; updates guidance; updates 2023 return of capital; increases dividend

All amounts in this news release are presented in United States dollars unless otherwise specified. All financial information contained within this news release has been prepared in accordance with U.S. GAAP. Production information, unless otherwise stated, is presented on a net basis (after deduction of royalty obligations). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking [Read more]

Absolute greenhouse gas emissions from Canadian oil sands did not increase in 2022 even as production grew

Initial findings indicate that a peak in absolute emissions—expected to begin later this decade—could occur sooner than previously estimated CALGARY, AB, Aug. 9, 2023 /PRNewswire/ -- Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. The finding marks the first time since 2009—the earliest year that S&P Global Commodity Insights estimates such data—that [Read more]

TransAlta reports second quarter 2023 results and raises 2023 financial guidance

CALGARY, AB, Aug. 4, 2023 /PRNewswire/ - Second Quarter 2023 Financial Highlights Adjusted EBITDA(1) of $387 million, an increase of 39 per cent over the same period in 2022 Free Cash Flow ("FCF")(1) of $278 million, or $1.05 per share, an increase of 94 per cent on a per-share basis from the same period in 2022 Earnings before income taxes of $79 million, an improvement of $101 million from the same period in 2022 Net earnings attributable to common shareholders of $62 million, [Read more]

Enbridge reports strong second quarter 2023 financial results and reaffirms financial guidance and outlook

CALGARY, AB, Aug. 4, 2023 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported second quarter 2023 financial results and reaffirmed its 2023 financial outlook. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Second quarter GAAP earnings of $1.8 billion or $0.91 per common share, compared with GAAP earnings [Read more]

Gibson Energy announces closing of acquisition of South Texas Gateway Terminal and exchange of subscription receipts into common shares

CALGARY, AB, Aug. 1, 2023 /PRNewswire/ - Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI) is pleased to announce the closing of the acquisition of 100% of the membership interests of South Texas Gateway Terminal LLC (the "Transaction"). Through this Transaction, Gibson acquired the South Texas Gateway Terminal, a world class liquids terminal and export facility located in Ingleside, Texas, with very large crude carrier capabilities and direct pipeline connections to the prolific Permian [Read more]

Gibson Energy provides update on acquisition of South Texas Gateway Terminal

CALGARY, AB, Aug. 1, 2023 /PRNewswire/ - Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI) is pleased to announce the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") with respect to the Company's proposed acquisition of 100% of the membership interests of South Texas Gateway Terminal LLC (the "Transaction"). The expiration of the waiting period under the HSR Act satisfies one of key conditions to the closing of the [Read more]

Enbridge declares quarterly dividends

CALGARY, AB, Aug. 1, 2023 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.8875 per common share, payable on September 1, 2023 to shareholders of record on August 15, 2023.  The amount of the dividend is consistent with the June 1, 2023 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on September 1, 2023 to [Read more]

Ovintiv reports second quarter 2023 financial and operating results

Strong Results Across Portfolio Drive Higher Full Year Production Guidance and Reduced Capital and Per Unit Cost Guidance Second Quarter 2023 Highlights: Generated net earnings of $336 million, cash from operating activities of $831 million, Non-GAAP Cash Flow of $699 million and Non-GAAP Free Cash Flow of $59 million after capital expenditures of $640 million Exceeded second quarter production guidance on every product with average total production volumes of 573 thousand barrels of [Read more]