BOE Report

Competition Bureau takes action to protect competition in pipeline transportation for natural gas liquids in Western Canada

GATINEAU, QC - Yesterday, the Competition Bureau registered a consent agreement with the Competition Tribunal to address its concerns related to certain aspects of the proposed formation of a gas processing joint venture between Pembina Pipeline Corporation and KKR's Global Infrastructure Funds. In particular, the Commissioner had concerns with the acquisition of a 50% interest in the Key Access Pipeline System (KAPS) project resulting from the associated purchase of the remaining portion of [Read more]

Whitecap Resources Inc. reports strong second quarter results and record funds flow per share

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited consolidated financial results for the three and six months ended June 30, 2022. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis for the three and six months ended June 30, 2022 which are available at www.sedar.com and [Read more]

Pembina Pipeline Corporation announces receipt of final regulatory approval in respect of joint venture transaction with KKR

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced that the Canadian Competition Bureau has issued a no-action letter for the joint venture transaction announced on March 1, 2022, between Pembina and KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity ("Newco") (the "Transaction"). Issuance of the no-action letter allows Pembina and KKR to proceed with next steps on [Read more]

Oil Sands to continue to grow but heightened energy security concerns have not yet boosted outlook

CALGARY, AB - While the Russian invasion of Ukraine has increased the incentive to raise Canadian oil sands production in the short-term, it has not fundamentally altered the production outlook over the longer-term, according to the latest forecast by the S&P Global Oil Sands Dialogue. The updated 10-year forecast expects Canadian oil sands production to reach 3.5 million barrels per day (MMbd) in 2030, an increase of about half a million barrels per day compared to 2021 production [Read more]

Crescent Point announces Q2 2022 results

CALGARY, AB - 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, 2022. KEY HIGHLIGHTS Generated approximately $380 million of excess cash flow in second quarter, allowing for increased returns to shareholders. Enhanced return of capital offering with an increased base dividend and an updated framework, as previously announced. Achieved strong IP30 rate of [Read more]

Gibson Energy announces the addition of Ms. Diane Kazarian to the company’s Board of Directors

CALGARY, AB - Gibson Energy Inc. announced today that Ms. Diane Kazarian joined the Company's Board of Directors effective today. "We are pleased to have Diane join Gibson's Board of Directors," said James Estey, Chair of Gibson. "In order to ensure our continued comprehensive oversight of the Company, including its financial reporting, risk management, regulatory compliance and corporate governance, the Board remains committed to having access to the right skillsets and a broad range of [Read more]

Crescent Point announces Q2 2022 conference call

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) plans to report its second quarter 2022 financial and operating results via press release prior to the opening of markets on Wednesday, July 27, 2022. 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. Alternatively, the conference call [Read more]

Whitecap Resources Inc. confirms monthly divided for July of $0.0367 per share and announces second quarter 2022 results conference call/webcast

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of July operations will be paid on August 15, 2022 to shareholders of record on July 31, 2022.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its second quarter 2022 results before market open on Thursday, July 28, 2022 and has scheduled a conference call and [Read more]

Enerplus to report second quarter 2022 operating & financial results August 4, 2022

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the second quarter of 2022 after market close on Thursday, August 4, 2022. A results conference call will be hosted by Enerplus' President & CEO, Ian C. Dundas on Friday, August 5, 2022, at 9:00 AM MT (11:00 AM ET) to discuss these results. Details of the conference call are noted below. Second Quarter 2022 Results Live Conference Call [Read more]

Pembina Pipeline Corporation declares July 2022 common share dividend, quarterly preferred share dividend and announces second quarter 2022 results conference call and webcast

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for July 2022 of $0.21 per share to be paid, subject to applicable law, on August 15, 2022 to shareholders of record on July 25, 2022. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered [Read more]