BOE Report

SNC-Lavalin completes closing of Resources Oil & Gas business

MONTREAL - SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, today announces that it has completed the closing of the sale of its Resources Oil & Gas business on August 15, following receipt of Saudi Arabian regulatory approval. SNC-Lavalin previously announced that it had closed the sale of a substantial portion of its Resources Oil & Gas business on July 29, pursuant to its binding agreement with Kentech [Read more]

Gibson Energy declares dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.35 per common share payable on October 15, 2021, to shareholders of record at the close of business on September 30, 2021.  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 tax. About [Read more]

Gibson Energy announces 2021 second quarter results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB - Gibson Energy Inc. announced today its financial and operating results for the three and six months ended June 30, 2021. "We are pleased to report another solid quarter from both an operational and financial perspective, with our Infrastructure segment performing in-line with our expected run-rate on a normalized basis and Marketing moderately above our initial outlook," said Steve Spaulding, President and [Read more]

Whitecap Resources Inc. reports record production in the second quarter, increases production guidance with no increase to capital spending and releases 2021 ESG report

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, 2021. 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, 2021 which are available at www.sedar.com and [Read more]

Enbridge Declares Quarterly Dividends

CALGARY, AB, July 27, 2021 /PRNewswire/ - The Board of Directors of Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared a quarterly dividend of $0.835 per common share, payable on September 1, 2021 to shareholders of record on August 13, 2021. The amount of the dividend is consistent with the June 1, 2021 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on September 1, 2021 to shareholders of record on August 13, [Read more]

Ovintiv reports second quarter 2021 financial and operating results

Dividend Increased by ~50%, New Debt Target Established Second Quarter Highlights: Generated second quarter cash from operating activities of $750 million, non-GAAP cash flow of $733 million and non-GAAP free cash flow of $350 million Reduced net debt(1) by $1.2 billion to $5.2 billion; accelerated expected timeline of $4.5 billion net debt target to year-end 2021 Continued to demonstrate industry-leading capital efficiencies with operational efficiency gains and supply chain [Read more]

Pembina Reaffirms Existing Transaction

CALGARY, AB, July 16, 2021 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) today confirmed that it does not intend to increase or otherwise change the consideration of 0.50 common shares of Pembina offered under its proposed acquisition of all of the common shares of Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) pursuant to the arrangement agreement signed by the parties, and unanimously recommended by the board of directors of Inter Pipeline (the "Strategic [Read more]

Ovintiv announces redemption of 3.90% notes due 2021

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has issued a notice to the trustee of its 3.90% notes due 2021 (the "2021 notes") to redeem the entire $517,823,000 aggregate principal amount. The outstanding 2021 notes will be redeemed, pursuant to their terms and conditions, on August 16, 2021. ADVISORY REGARDING FORWARD-LOOKING STATEMENTS – This news release is not a notice of redemption with respect to the 2021 notes. This news release contains certain [Read more]

Ovintiv to Host its Second Quarter 2021 Results Conference Call and Webcast on July 28, 2021

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2021 results conference call at 7:30 a.m. MT, on Wednesday July 28, 2021. The Company plans to release its financial and operating results after market close, Tuesday July 27, 2021. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To participate in the conference call, please dial 888-664-6383 (toll-free [Read more]

$11.80 billion pipeline security markets – global forecasts from 2021 to 2026

DUBLIN - The "Pipeline Security Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering. The global pipeline security market is projected to grow at a CAGR of 6.79% during the forecast period, reaching a total market size of US$11.803 billion in 2026 from US$7.451 billion in 2019. Pipeline security is the protection of land-based pipelines against sabotage, illegal tapping, and terrorist activities using the pipelines. The global pipeline [Read more]