BOE Report

Crescent Point Announces 2021 results & reserves and increases share repurchases

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2021 and increased share repurchases. KEY HIGHLIGHTS  Generated over $785 million of excess cash flow in 2021 with capital expenditures and production in-line with annual guidance. Increased PDP reserves by 17 percent with a strong FD&A recycle ratio of 2.7 times, including change in [Read more]

Pembina Pipeline Corporation files 2021 year-end disclosure documents

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL) (NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 31, 2021, related management's discussion and analysis and its annual information form for the year ended December 31, 2021, with Canadian securities regulatory authorities. Pembina has also filed its Form 40-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission. Investors and other [Read more]

Pembina Pipeline Corporation reports results for the fourth quarter and full year 2021

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today its financial and operating results for the fourth quarter and full year 2021. Financial and Operational Overview 3 Months Ended December 31 12 Months Ended December 31 ($ millions, except where noted) 2021 2020 2021 2020 Revenue 2,560 1,680 8,627 5,953 Net revenue(1) 1,084 954 3,938 3,444 Gross profit 785 247 2,647 2,008 Earnings [Read more]

Ovintiv reports fourth quarter and year-end 2021 financial and operating results

Highlights: Generated full year net earnings of $1.4 billion, cash from operating activities of $3.1 billion, Non-GAAP Cash Flow of $3.2 billion and Non-GAAP Free Cash Flow of $1.7 billion Reduced Net Debt by approximately $2.3 billion; expect to reach $3 billion Net Debt target in the second half of 2022 assuming $85 per barrel for WTI oil and $4.50 per thousand cubic feet ("Mcf") for NYMEX natural gas Announced a 43% increase to quarterly dividend payments; now $0.80 per share [Read more]

Enerplus Announces its quarterly cash dividend for March 2022 and changes declaration currency to U.S. Dollars

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today declared a quarterly cash dividend of US$0.033 per share. The dividend is effective with the March 15, 2022 dividend payment and applies to all shareholders of record at the close of business on March 4, 2022. The ex-dividend date for this payment is March 3, 2022. The US$0.033 per share dividend is equivalent to approximately CDN$0.042 per share if converted using the current US/Canadian dollar exchange rate of [Read more]

Crescent Point announces Q4 and year-end 2021 results conference call

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its fourth quarter and year-end 2021 financial and operating results and reserves via press release prior to the opening of markets on Thursday, March 3, 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, [Read more]

TransAlta reports fourth quarter and full year 2021 results

CALGARY, AB Fourth Quarter 2021 Financial Highlights Adjusted EBITDA(1),(2) of $270 million, an increase of 15% over the same period in 2020 Free Cash Flow ("FCF")(1) of $106 million, or $0.39 per share, an increase of 105% on a per-share basis from the same period in 2020 Loss before income taxes of $32 million, an improvement of $136 million from the same period in 2020 Cash flow from operating activities of $54 million, a decrease of 51% from the same period in 2020 Full [Read more]

Whitecap Resources, Wolf Midstream, and First Nations partners submit proposal to transform the future of carbon reduction

CALGARY, AB - Wolf Midstream (Wolf), Whitecap Resources (Whitecap), the First Nation Capital Investment Partnership (FNCIP) and Heart Lake First Nation (Indigenous Owners) have jointly proposed a saline aquifer sequestration hub in the Fort Saskatchewan area to transform the future of carbon reduction through the development of world-scale CO2 infrastructure. The sequestration hub will serve large facilities in Alberta's Industrial Heartland that are seeking an independent and timely [Read more]

Pembina announces appointment of Scott Burrows as President and Chief Executive Officer strengthens executive leadership team with additional promotion and appointment

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced that it has appointed Scott Burrows as the Company's President and Chief Executive Officer. This appointment concludes the previously announced executive search process undertaken by the Pembina Board of Directors. Mr. Burrows previously served as the Company's Chief Financial Officer for approximately seven years and was appointed interim President and Chief Executive Officer in [Read more]

Gibson Energy Announces Dividend Increase and Declares Dividend

CALGARY, AB, Feb. 22, 2022 /PRNewswire/ - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.37 per common share, an increase of $0.02 per common share, which will be payable on April 14, 2022, to shareholders of record at the close of business on March 31, 2022.  This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding [Read more]