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News

Canadian Natural Resources narrowly beats quarterly profit estimates on record production

November 6, 20258:45 AM Reuters0 Comments

Canadian Natural Resources on Thursday posted quarterly earnings that narrowly beat analysts' estimates, as record oil and gas production helped offset a decline in crude prices. The country's oil sands producers, including Canadian Natural Resources, have shown resilience during the global oil industry downturn, buoyed by years of investment that have made them among the lowest-cost operators in North America. Quarterly production jumped about 19% from a year earlier to a record 1.62 [Read more]

Canadian Natural Resources Shell

Tenaz Energy Corp. Announces Q3 2025 Results

November 6, 20258:45 AM TMX Newsfile

CALGARY, ALBERTA--(Newsfile Corp. - November 5, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) are available on SEDAR+ at www.sedarplus.ca and on Tenaz’s website at www.tenazenergy.com. Select financial and operating [Read more]

GLJ LNG Tenaz Energy

Canadian Natural Resources Limited Announces Quarterly Dividend

November 6, 20258:40 AM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - 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$0.5875 (fifty-eight and three quarter cents). The dividend will be payable on January 6, 2026 to shareholders of record at the close of business on December 12, 2025. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has [Read more]

Canadian Natural Resources

Events in the battle to buy Canada’s MEG Energy

November 6, 20256:00 AM Reuters0 Comments

A vote scheduled for Thursday by shareholders of MEG Energy could bring the drawn-out battle to acquire the Canadian oil sands producer to an end. The following is a timeline of events this year. May 15 - Canadian oil and gas producer Strathcona Resources says it will initiate a hostile takeover bid for MEG in a deal that values the company at C$5.93 billion ($4.25 billion). June 16 - MEG's board urges the company's shareholders to reject Strathcona's bid, calling it inadequate. The [Read more]

Canadian Oil Sands Cenovus MEG Energy Strathcona Resources

ConocoPhillips announces third-quarter 2025 results; increases quarterly ordinary dividend by 8% and announces preliminary 2026 guidance

November 6, 20256:00 AM Business Wire

Reported third-quarter 2025 earnings per share of $1.38 and adjusted earnings per share of $1.61. Generated cash provided by operating activities of $5.9 billion and cash from operations (CFO) of $5.4 billion. Raised ordinary dividend by 8% to $0.84 per share. Raised full-year 2025 production guidance to 2.375 MMBOED and further reduced operating cost guidance to $10.6 billion. Announced preliminary 2026 guidance, including $12 billion of capital expenditures, $10.2 billion of [Read more]

ConocoPhillips Hydraulic Fracturing LNG Marathon Oil

Greenfire Resources Announces Launch of Rights Offering and Conditional Notice of Redemption for Its Senior Secured Notes Due 2028

November 6, 20255:00 AM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today confirmed the launch of its previously announced CAD$300 million rights offering (the "Rights Offering") and the conditional redemption of its outstanding US$237.5 million aggregate principal amount of 12% senior secured notes due 2028 (the "2028 Notes"). The Rights Offering is available to holders of common shares of the Company (the "Common Shares") of [Read more]

Greenfire

US LNG producers ink near record contract volumes, even as fees climb

November 6, 20254:00 AM Reuters0 Comments

U.S. liquefied natural gas developers are on track this year to ink the second-highest annual number of binding sales contracts, despite industry concerns about increasing capacity and rising costs. In the first 10 months of 2025, U.S. LNG producers signed sales and purchase agreements (SPAs) for 29.5 million metric tonnes of LNG per year, more than four times the 7 mtpa signed in all of 2024, data from consulting firm Rapidan Energy Group shows. The SPAs are used by project developers to [Read more]

Exxon Mobil LNG Petronas Shell TotalEnergies

Canadian Natural Resources Limited Announces 2025 Third Quarter Results

November 6, 20253:00 AM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's third quarter results, "Operations were strong in Q3/25 as we achieved record quarterly production volumes totaling approximately 1,620 MBOE/d, including records for both liquids and natural gas at 1,176 Mbbl/d and 2,668 MMcf/d respectively. We increased total corporate production by 19% or approximately 257,000 BOE/d from Q3/24 levels, reflecting [Read more]

Athabasca Oil Canadian Natural Resources Chevron Shell

Strathcona Resources Ltd. Reports Third Quarter 2025 Financial and Operating Results, Provides Special Distribution Update and Announces Quarterly Dividend

November 5, 20256:40 PM CNW

CALGARY, AB, Nov. 5, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its third quarter 2025 financial and operating results and provided an update on the previously announced special distribution. The Board of Directors also declared a quarterly dividend of $0.30 per common share. Q3 2025 Highlights Production of 116,201 boe/d (99.6% liquids)(1)(2) Operating Earnings of $235.5 million ($1.10 / share)(1)(3) Free Cash Flow of [Read more]

Cenovus MEG Energy Strathcona Resources

Journey Announces Third Quarter 2025 Financial and Operating Results

November 5, 20255:07 PM TMX Newsfile

Calgary, Alberta--(Newsfile Corp. - November 5, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its financial and operating results for the three and nine month periods ending September 30, 2025. The complete set of financial statements and management discussion and analysis are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the third quarter: Generated sales volumes of 11,862 boe/d in [Read more]

Journey Energy

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