BOE Report

Baytex Delivers Strong First Quarter 2026 Results; Raises Production Guidance and Nearly Doubles 3-Year Growth Outlook; CEO Transition Complete

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") reports its operating and financial results for the three months ended March 31, 2026 (all amounts are in Canadian dollars unless otherwise noted). "Baytex's strong first quarter results reflect the quality of our Canadian portfolio and the operational discipline of our team," said Chad Lundberg, President and Chief Executive Officer. "Outperformance across our heavy oil [Read more]

Cardinal Energy Ltd. Announces First Quarter 2026 Results, Executive Changes, and Increases to 2026 Capital Budget

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the first quarter ended March 31, 2026. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2026 Cardinal achieved record quarterly production of 25,948 boe/d in the first quarter due to a full quarter of production from the Reford steam-assisted gravity drainage ("SAGD") project. First quarter 2026 [Read more]

Obsidian Energy Announces Voting Results from the 2026 Annual and Special Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2026, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2026 Annual and Special Meeting and Management Proxy Circular dated March 15, 2026 (the "Information Circular"), which is available on SEDAR+ at [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.625 (sixty-two and one half cents). The dividend will be payable on July 7, 2026 to shareholders of record at the close of business on June 19, 2026. As previously announced, in March 2026 the Board of Directors increased the quarterly dividend, continuing the Company's leading [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2026

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2026. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2026 2025 % Petroleum and natural gas sales 168,106 142,501 18 Cash provided by operating [Read more]

Obsidian Energy Announces First Quarter 2026 Results

Average production of 28,733 boe/d in the first quarter, generated $61.0 million of funds flow from operations Active development program in Peace River and Willesden Green while advancing strategic heavy oil waterflood initiatives Renewed normal course issuer bid and repurchased and cancelled ~1.5 million shares Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is [Read more]

Canadian Natural Resources Limited Announces 2026 First Quarter Results

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "We have a long track record of being an effective and efficient operator, while consistently delivering top tier operational and financial performance through a strong focus on continuous improvement. An example of this performance is our industry-leading Oil Sands Mining and Upgrading Q1/26 operating costs of $23.73/bbl [Read more]

Tenaz Energy Corp. Announces Q1 2026 Results

Calgary, Alberta--(Newsfile Corp. - May 6, 2026) - Tenaz Energy Corp. (TSX: TNZ) ("Tenaz", "We", "Our", "Us" or the "Company") is pleased to announce financial and operating results for the first quarter of 2026. The related unaudited interim condensed consolidated financial statements and management's discussion and analysis ("MD&A") are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. HIGHLIGHTS Production volumes averaged 16,183 boe/d(1) in [Read more]

Saturn Oil & Gas Inc. Announces First Quarter 2026 Results Highlighted by Production, Adjusted Funds Flow and Free Funds Flow Ahead of Expectations

Production of 43,116 boe/d was 3% above the high end of guidance and again exceeded consensus estimates Adjusted funds flow(1) over $107 million ($0.59/share) with free funds flow(1) over $62 million ($0.34/share) Net debt(1) down 5% from year end 2025 to $725 million, reflecting Saturn's continued commitment to debt repayment Accelerating capital from H2/26 into Q2 supports volumes coming on sooner into a strong oil price environment Calgary, Alberta--(Newsfile Corp. - May 6, 2026) [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - May 5, 2026) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.60 per share on its common shares, payable June 25, 2026 to shareholders of record at the close of business on June 4, 2026. Suncor Energy - Canada's leading integrated energy company Suncor's operations span the full energy value chain, including oil sands mining and in situ operations, [Read more]