FOR THE THREE MONTHS ENDED MARCH 31, 2013 CALGARY , April 25, 2013 /CNW/ - First quarter (millions of dollars, unless noted) 2013 2012 % Net income (U.S. GAAP) 798 1,015 (21) Net income per common share - assuming dilution (dollars) 0.94 1.19 (21) Capital and exploration expenditures 2,976 1,173 154 Rich [Read more]
News
Anterra Energy Announces 2012 Year End Reserves and Financial Results
CALGARY, ALBERTA--(Marketwired - Apr 25, 2013) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTUR:AE.A) announces that the Company released its financial and operating results for the year ended December 31, 2012. The full text of the Company's audited financial statements and related Management's Discussion and Analysis ("MD&A") can be found at: www.sedar.com and on the Company's website atwww.anterraenergy.com. In addition, Anterra announces its reserves for the fiscal year [Read more]
AltaGas Reports Strong First Quarter Results and Increases Dividend by 4.2 Percent
CALGARY, ALBERTA--(Marketwired - Apr 25, 2013) - AltaGas Ltd. (AltaGas) (ALA.TO) (ALA-PA.TO) today reported normalized net income applicable to common shares was $55.5 million ($0.53 per share) for the three months ended March 31, 2013, compared to $40.1 million ($0.45 per share) for the same period 2012. Net income applicable to common shares reported was $49.0 million ($0.46 per share) for the three months ended March 31, 2013, compared to $41.3 million ($0.46 per share) for the same period [Read more]
Novus Energy Inc. Announces Year End 2012 Financial and Operational Results and Achieves Record Production and Funds Flow
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, April 25, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") is pleased to announce that it has filed its audited financial statements and management's discussion and analysis ("MD&A") as at and for the fiscal year ended December 31, 2012. These may be accessed through the SEDAR websitewww.sedar.com and at the Company's websitewww.novusenergy.ca. Novus had a very active and highly successful [Read more]
Precision Drilling holding steady with dividend payment despite tough market
By The Canadian Press CALGARY - Precision Drilling Corp. (TSX:PD.TO) is maintaining its dividend amid difficult market conditions that have driven down its revenue and profit. The Calgary-based drilling company's net income fell to $93 million or 33 cents per diluted share, down 16 per cent from the first quarter of 2012. Its revenue dropped by seven per cent to $596 million, mainly due to lower North American drilling activity compared with the first quarter of 2012. Nevertheless, [Read more]
Canadian Pacific expects to ramp up crude oil capacity a year early
By Ross Marowits, The Canadian Press Canadian Pacific Railway, after delivering a strong earnings report Wednesday, had more good news for investors, saying it expects to double its deliveries of crude oil 12 months earlier than previously forecast. The Calgary-based railway said Wednesday that it expects to ship 140,000 carloads of crude by the end of 2015. It delivered 53,500 carloads last year and expects to reach a 70,000-carload run rate by the end of 2013. "We have clear line of [Read more]
Encana Report on Voting Results From the 2013 Annual Meeting of Shareholders
CALGARY, ALBERTA--(Marketwired - Apr 24, 2013) - The following matters were voted upon at the Annual Meeting of Shareholders of Encana Corporation (ECA.TO) (ECA)("Encana" or the "Corporation") held on April 23, 2013 in Calgary, Alberta. Each of the matters is described in greater detail in the 2013 Notice of Annual Meeting of Shareholders and Information Circular dated February 28, 2013 (the "Circular"). Election of Directors By resolution passed via ballot, the following nine nominees [Read more]
Cenovus reports voting results of election of directors
CALGARY, April 24, 2013 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) announced that at its annual meeting of shareholders held on April 24, 2013 each of the nine nominees proposed as directors and listed in its management proxy circular datedMarch 1, 2013 were elected as directors. The detailed results of the vote are set out below. Nominee Votes For Votes [Read more]
Wrangler West Reports 2012 Operating and Financial Results
CALGARY, April 24, 2013 /CNW/ - Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V "WX") announces filing on SEDAR of the Company's audited Financial Statements and related Management's Discussion and Analysis ("MD&A") for the year endedDecember 31, 2012 with comparative data for the year ended December 31, 2011. All documents may be viewed at www.sedar.com. Year ended December [Read more]
TSX surges 179 points amid solid earnings reports, sharp gains in commodities
By Malcolm Morrison, The Canadian Press TORONTO - The Toronto stock market registered a solid, triple-digit gain Wednesday amid positive earnings reports from heavyweights Barrick Gold (TSX:ABX.TO) and Canadian Pacific Railway (TSX:CP. The S&P/TSX composite index surged 179.49 points, or 1.48 per cent, to 12,270.43 as investors bought into resource stocks knocked down this month amid signs of slowing economic growth. The move went a long way toward clawing back last week's steep 2.2 [Read more]