BOE Report

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]

Crescent Point announces Q2 2023 results

CALGARY, AB, July 26, 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 June 30, 2023. KEY HIGHLIGHTS Closed the strategic acquisition of Alberta Montney assets, adding 600 premium locations and enhancing excess cash flow profile. Maintained 2023 production and capital expenditures guidance despite recent wildfires, highlighting operational [Read more]

Crescent Point confirms quarterly dividend and declares second quarter special dividend

CALGARY, AB, July 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a special cash dividend and a quarterly cash base dividend in alignment with the Company's return of capital framework. The special cash dividend of CDN $0.035 per share is based on Crescent Point's second quarter 2023 financial results and will be paid on August 15, 2023 for shareholders of record on August 8, 2023. The [Read more]

Vermilion Energy Inc. announces second quarter 2023 release date and conference call and webcast details

CALGARY, AB, July 19, 2023 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2023 second quarter operating and condensed financial results on Wednesday, August 2, 2023 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2023 will be available on the System for Electronic Document Analysis and Retrieval [Read more]

Crescent Point announces Q2 2023 conference call

CALGARY, AB, July 19, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its second quarter 2023 financial and operating results via press release prior to the opening of markets on Wednesday, July 26, 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 the [Read more]