BOE Report

Obsidian Energy Announces First Quarter 2025 Results

Closed $320 million divestiture of Pembina assets on April 7, 2025, with cash proceeds used to reduce debt level Completed first quarter program with 26 (24.4 net) operated wells rig released and 19 (17.9 net) operated wells brought on production Responded to the market environment by reducing our first half capital program to $165 - $170 million from $185 - $195 million Commenced drilling waterflood injector pilot at the Dawson 4-24 Pad Calgary, Alberta--(Newsfile Corp. - May 7, [Read more]

Greenfire Resources Reports Voting Results from 2025 Annual Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 6, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce the voting results from its annual meeting of shareholders held May 6, 2025 in Calgary, Alberta (the "Meeting"). Voting Results from the Meeting Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 3, 2025 (the "Information Circular"), which is available on SEDAR+ [Read more]

Greenfire Resources Reports First Quarter 2025 Results and Provides an Operational Update

Readers are advised to review the "Non-GAAP and Other Financial Measures" section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the "Forward-Looking Information" section in this press release for information regarding certain forward-looking information and forward-looking statements contained in this press release. All amounts in this press release [Read more]

Suncor Energy Reports First Quarter 2025 Results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production [Read more]

Suncor Energy Declares Dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - May 6, 2025) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.57 per share on its common shares, payable June 25, 2025 to shareholders of record at the close of business on June 4, 2025. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum [Read more]

Suncor Energy Reports Voting Results from Annual General Meeting

Calgary, Alberta--(Newsfile Corp. - May 6, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 868,548,152 shares (approximately 70.29% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following eleven board members (ten of whom are independent), with shares represented at the meeting voting in favour of individual directors as [Read more]

Baytex Reports Shareholder Meeting Results

Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved. A total of 335,327,771 common shares being 43.53% of Baytex's issued and outstanding shares were represented at the meeting. At the meeting, all of the nominees proposed as directors were duly elected. Results of the vote are set out below: Votes For Name of [Read more]

Pine Cliff Energy Ltd. Announces First Quarter 2025 Results, May Dividend Declaration and Information Regarding the Annual Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its first quarter 2025 financial and operating results, May dividend declaration and information regarding the annual meeting of shareholders. First Quarter 2025 Summary Highlights Generated $11.5 million of adjusted funds flow1 ($0.03 per basic and fully diluted share) for the three months ended March 31, 2025, an increase from $10.5 million ($0.03 per basic and [Read more]

Baytex Announces First Quarter 2025 Results

Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") reports its operating and financial results for the three months ended March 31, 2025 (all amounts are in Canadian dollars unless otherwise noted). "Baytex efficiently executed its exploration and development program and delivered first quarter results consistent with our full-year plan," said Eric T. Greager, President and Chief Executive Officer. "In a challenging [Read more]

Baytex Announces Quarterly Dividend for July 2025

Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on July 2, 2025 for shareholders of record on June 13, 2025. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any [Read more]