CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three and six months ended June 30, 2025. The following Press Release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial statements and notes thereto as at June 30, 2025 (the “Financial Statements”). Readers should also refer to the [Read more]
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Spartan Delta Corp. Announces Second Quarter 2025 Results and Operations Update
CALGARY, AB, Aug. 6, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three and six months ended June 30, 2025. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2025, and 2024, which [Read more]
Greenfire Resources Reports Second 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]
Pine Cliff Energy Ltd. Announces Second Quarter 2025 Results
Calgary, Alberta--(Newsfile Corp. - August 6, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces its second quarter 2025 financial and operating results and guidance update. Second Quarter 2025 Results Generated $4.9 million ($0.01 per basic and fully diluted share) and $16.4 million ($0.05 per basic and fully diluted share) of adjusted funds flow1 for the three and six months ended June 30, 2025, compared to $10.8 million ($0.03 per basic [Read more]
Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens. "Could happen," Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine. He gave no further details. "It may happen... I can't tell you yet," Trump said. "We did it with India. We're doing it probably with [Read more]
South Bow Reports Second-quarter 2025 Results and Declares Dividend
CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are in U.S. dollars. Highlights Safety and operational performance Recorded average throughput of approximately 544,000 barrels per day (bbl/d) on the Keystone Pipeline in the second quarter of 2025, and approximately 760,000 bbl/d on the U.S. [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for September delivery in Hardisty, Alberta, settled at $11.85 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11.75 a barrel on Tuesday. * The differential between Canadian heavy crude and the U.S. benchmark is the widest it has been since March. This is due to the return of more normal market conditions, analysts say, after [Read more]
NuVista Energy Ltd. Announces Second Quarter Results Highlighting Solid Financial and Operating Progress
CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce financial and operating results for the three and six months ended June 30, 2025, and to provide an update on our operational performance. We have continued to advance our business with the goal of creating top-tier returns for our shareholders. Our predictable and repeatable development plan continues to produce improved capital efficiencies, allowing us to [Read more]
Lotus Creek Exploration Inc. Announces Second Quarter 2025 Operating Results and Appointment of Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - August 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to provide the following second quarter operating results to shareholders. Lotus Creek's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2025 are available for review on Lotus Creek's website at www.lotuscreek.ca and on Lotus Creek's SEDAR+ profile at [Read more]
Advantage Announces Second Quarter 2025 Financial and Operating Results
(TSX: AAV) CALGARY, AB, Aug. 6, 2025 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2025 second quarter financial and operating results. 2025 Second Quarter Financial Highlights Cash provided by operating activities of $80.1 million. Adjusted funds flow ("AFF")(a) of $88.9 million or $0.53 per share for Advantage(b). Cash used in investing activities of $95.2 million. Net capital expenditures(a) were $48.8 million for Advantage(b). Net debt(a) [Read more]
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