BOE Report

Wilkinson works to strengthen energy and resource partnerships with the United States

WASHINGTON - Canada and the United States share a common vision of a prosperous and sustainable North American economy. Our integrated energy systems and natural resource markets produce billions in cross-border trade and support hundreds of thousands of jobs on both sides of the border. Russia's unprovoked and unjustifiable invasion of Ukraine and subsequent sanctions on energy and related products have fundamentally altered the global energy landscape. Canada condemns recent efforts by [Read more]

Vermilion Energy announces quarterly dividend

CALGARY, AB - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.06 CDN per share payable on July 15, 2022 to all shareholders of record on June 30, 2022. The ex-dividend date for this payment is June 29, 2022. 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 [Read more]

Ovintiv reports first quarter 2022 financial and operating results

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced its first quarter 2022 financial and operating results. The Company plans to hold a conference call and webcast at 9:00 a.m. MT (11:00 a.m. ET) on May 10, 2022. Please see dial-in details within this release, as well as additional details on the Company's website at www.ovintiv.com. "Our culture of innovation and focus on capital discipline delivered substantial free cash flow generation in the first [Read more]

Pembina Pipeline Corporation declares May 2022 common share dividend

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 May 2022 of $0.21 per share to be paid, subject to applicable law, on June 15, 2022 to shareholders of record on May 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]

Enerplus announces first quarter 2022 results; increases dividend by 30%; increases 2022 share repurchase program; updates guidance

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced financial and operating results for the first quarter of 2022, along with an increase to its return of capital plans, and updated guidance. The Company reported first quarter 2022 cash flow from operating activities and adjusted funds flow(1) of $196.0 million and $261.9 million, respectively, compared to $28.7 million and $100.9 million, respectively, in the first quarter of 2021. Cash flow [Read more]

Pembina Pipeline Corporation reports strong results for the first quarter 2022, raises 2022 guidance and provides business update

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today its financial and operating results for the first quarter 2022. Highlights Record Quarterly Results – delivered first quarter earnings of $481 million and record quarterly adjusted EBITDA of $1 billion, reflecting higher natural gas liquids and crude oil prices and margins, and rising volumes on key systems. Guidance Raised – 2022 adjusted EBITDA guidance range has been [Read more]

ARC Resources Ltd. reports strong first quarter 2022 results and a 20 per cent increase to its dividend

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its first quarter 2022 financial and operational results and provided revisions to its 2022 guidance. HIGHLIGHTS ARC delivered first quarter 2022 production of 344,447 boe(1)(2) per day (62 per cent natural gas and 38 per cent crude oil and liquids). Cash flow from operating activities was $759 million and funds from operations was $744 million(3) ($1.08 per share)(4), driven by strong average realized [Read more]

Enerplus announces a 30% dividend increase effective with the June 2022 dividend payment

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that it has received Board approval to increase the amount of its dividend by 30%. The June 2022 quarterly cash dividend will be in the amount of US$0.043 per share and payable on June 15, 2022, to all shareholders of record at the close of business on May 27, 2022. The ex-dividend date for this payment is May 26, 2022. The US$0.043 per share dividend is equivalent to approximately CDN$0.055 per share if [Read more]

Rockpoint Gas Storage Canada Ltd. partners with Plug, Certarus and FortisBC in first of its kind hydrogen storage transaction

CALGARY, AB - A partnership of leading energy companies signed a Memorandum of Understanding (MOU) to produce, transport, and burn hydrogen in a small-scale pilot project at the Suffield natural gas storage facility (part of the AECO HubTM) in Alberta ("Suffield"). It is anticipated that in fall 2022, green hydrogen will be trucked to Alberta and delivered to its destination turning the concept into reality. The aim of the project is to demonstrate and analyze the entire value chain of [Read more]

Gibson Energy announces voting results for election of Board of Directors

CALGARY, AB - Gibson Energy Inc. announced today the voting results for the election of directors at the Company's virtual annual general and special meeting of shareholders that was held on May 3, 2022. Voting Results Name of Nominee Votes For (%) For Votes Withheld (%) Withheld James M. Estey 96,668,489 97.88% 2,098,222 2.12% Douglas P. Bloom 98,136,249 99.36% 630,462 0.64% James J. Cleary 97,980,129 99.20% 786,582 0.80% Judy E. [Read more]