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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]

Enbridge Inc. Announces Election of Directors

CALGARY, AB, May 6, 2026 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Company's Management Information Circular dated March 3, 2026.  The detailed results of the vote for the election of directors are set out below. Votes For Votes [Read more]

Athabasca Oil Reports Strong 2026 First Quarter Results and Increased Cash Flow Outlook

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) first quarter results demonstrate continued execution across its funded growth portfolio, with its Leismer expansion on track, strong Duvernay performance, and a balance sheet positioned to support disciplined capital allocation. In the current constructive oil price environment, the Company is well positioned to capture higher cash flow through its liquids-weighted asset base [Read more]

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 6, 2026. Each matter voted on is described in greater detail in the Corporation’s 2026 Management Information Circular dated March 10, 2026. Shareholders voted as follows on the matters before the meeting: Appointment of Auditor: PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the Corporation. Votes [Read more]

Petrus Resources Announces First Quarter 2026 Financial and Operating Results

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2026. Q1 2026 HIGHLIGHTS: Completed Oil-weighted Acquisition - Closed the acquisition of long-life, oil-weighted Cardium assets in the Harmattan area of Central Alberta. The acquisition added approximately 2,000 boe/d(4) of production and increased the liquids weighting of the [Read more]

Surge Energy Inc. announces first quarter financial results and operational updates

  CALGARY, AB, May 6, 2026 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce financial and operating results for the quarter ended March 31, 2026, as well as an update on Surge's latest operational achievements. Select financial and operating information is outlined below and should be read in conjunction with the Company's unaudited condensed interim financial statements and management's discussion and analysis for the three months ended [Read more]

Strathcona Resources Ltd. Reports First Quarter 2026 Financial and Operating Results and Announces Quarterly Dividend

CALGARY, AB, May 6, 2026 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its first quarter 2026 financial and operating results. The Board of Directors also declared a quarterly dividend of $0.30 per common share. Q1 2026 Highlights Production of 116,542 boe/d (99.7% liquids) Operating Earnings of $194 million ($0.91 / share)(1)  Free Cash Flow of $47 million ($0.22 / share)(1) Three Months [Read more]

Tourmaline achieves record production in the first quarter and forecasts higher free cash flow for 2026 and 2027

  CALGARY, AB, May 6, 2026 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the first quarter of 2026. HIGHLIGHTS Continued new well outperformance in both gas complexes, the Alberta Deep Basin and the NEBC Montney gas condensate complex, leading to production at the mid-point of guidance despite Q1 capital deferrals. The first two major facility projects in the NEBC infrastructure [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]

Occidental scraps new oil hedges as Iran war fuels price volatility

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U.S. shale producer Occidental Petroleum will not add more oil hedges this year after volatility in crude prices following the Iran war led to lower realized prices. Speaking on a post-earnings conference call on Wednesday, Chief Financial Officer Sunil Mathew said derivative-related losses had a partial impact on Occidental's first-quarter profit, which still managed to beat Wall Street expectations. In February, prior to the escalation in the Middle East, Occidental had placed "a modest [Read more]