All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted earnings; adjusted earnings per common share; adjusted cash flow from operating activities; and adjusted cash flow from [Read more]
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Cavvy Energy Releases Q1 2026 Financial and Operating Results
Strong Sulphur and Midstream Margins Drive 29% Growth in Net Operating Income, Quarterly Debt Repayment of US$27 million Not For Distribution to United States News Wire Services or Dissemination in United States CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Cavvy Energy Ltd. (“Cavvy” or the “Company”) (TSX:CVVY) is pleased to announce its first quarter 2026 financial and operating results. The Company produced 24,655 boe/d of hydrocarbons, 1,089 mt/d of sulphur, and generated Net [Read more]
Discount on Western Canada Select widens
The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened slightly on Thursday. WCS for June delivery in Hardisty, Alberta, settled at $15.80 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $15.70 on Wednesday. * While the discount has narrowed since the start of the month, the differential for heavy Canadian crude remains wider than it was at the start of the U.S. war on Iran. * The WCS [Read more]
Cardinal Energy Ltd. Announces Results of Director Elections
Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce the results of the vote on directors at its annual shareholders' meeting held on May 7, 2026 (the "Meeting"). A total of 57,468,030 votes representing 33.09% of the total votes entitled to vote at the Meeting, were voted in connection with the election of directors. The voting results for the six directors nominated for election are set forth in the table [Read more]
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]
South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual general meeting held on May 7, 2026 (the Meeting). During the business proceedings of the Meeting, South Bow's shareholders approved the following resolutions: 1. Resolution to appoint 11 board members, with 97.76% to 99.68% of shares represented at the Meeting voting in favour of the [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]
TC Energy announces 2026 annual meeting Board of Directors election results
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2026 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee # Votes For % Votes For # Votes Against % [Read more]
South Bow Reports First-quarter 2026 Results and Declares Dividend
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2026 financial and operational results. Unless otherwise noted, all financial figures in this news release are presented in U.S. dollars. Highlights Safety and operational performance Recorded first-quarter 2026 average throughput of approximately 616,000 barrels per day (bbl/d) on the Keystone Pipeline due to strong operational performance, [Read more]
Tamarack Valley Energy Ltd. Reports Voting Results of Annual General Meeting of Shareholders
TSX: TVE CALGARY, AB, May 7, 2026 /CNW/ - Tamarack Valley Energy Ltd. is pleased to announce that all resolutions presented for approval at the annual general meeting of shareholders (the "Meeting"), held on May 6, 2026, were duly passed. 309,307,796 common shares, representing 63.89% of Tamarack's 484,124,004 issued and outstanding common shares, were represented at the Meeting. The following individuals, being the nine nominees listed in the management information [Read more]
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