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Imperial declares fourth quarter 2026 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on January 1, 2027, to shareholders of record at the close of business on December 3, 2026. This fourth quarter 2026 dividend compares with the third quarter 2026 dividend of 87 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [Read more]

Imperial announces third quarter 2026 financial and operating results

Record quarterly net income of $2,454 million Cash flows from operating activities of $3,228 million and cash flows from operating activities excluding working capital1 of $2,957 million Quarterly Upstream production of 418,000 gross oil-equivalent barrels per day Kearl quarterly production of 282,000 total gross oil-equivalent barrels per day (200,000 barrels Imperial's share) Cold Lake quarterly production of 139,000 gross oil-equivalent barrels per day Downstream record [Read more]

Chevron Reports Third Quarter 2026 Results

Reported earnings of $9.9 billion; return on capital employed of 18 percent U.S. production up 27 percent from two years ago Record crude throughput at U.S. refineries; crude utilization at 98 percent Expanded acreage in Venezuela and enhancing Bakken competitiveness   HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $9.9 billion ($5.06 per share - diluted) for third quarter 2026. Included in the quarter were a legal reserve of $160 million, an [Read more]

Economic growth stalled again in August, StatCan says

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OTTAWA - Canada’s economy stalled for a second month in a row in August and may be set for a decline in September, Statistics Canada said Friday. StatCan said real gross domestic product was essentially unchanged in August, falling short of economists’ calls and the agency’s own early expectations for a gain of 0.2 per cent. Wholesale trade fell 1.4 per cent in the month as most subsectors contracted. StatCan said motor vehicle and vehicle parts wholesalers faced their first decline in [Read more]

Imperial Oil beats profit estimates on stronger refining margins

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Canadian energy company Imperial Oil beat profit estimates for the third quarter on Friday, as stronger refining margins drove a sharp increase in downstream earnings, offsetting lower oil production. The Calgary, Alberta-based company reported net income of C$5.11 per share for the quarter ended September 30, beating analysts' average estimate of C$4.70 per share, according to data compiled by LSEG. The Iran war has disrupted energy exports through the Strait of Hormuz, while attacks on [Read more]

Chevron tops Q3 expectations on higher downstream profit

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Chevron's third-quarter earnings surpassed analyst estimates on Friday as refining margins soared amid the US-Israeli war on Iran and the Russia-Ukraine conflict. Adjusted earnings were $10.4 billion, or $5.28 per share, a 185% increase from the prior-year quarter. The per-share figure also topped the consensus Wall Street estimate of $4.89 per share according to LSEG data. Here are more details from Chevron's third quarter: * Upstream earnings were $5.7 billion, down 30% from the [Read more]

Trump touted a record Venezuela oil deal. Now reality is setting in

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* Little-known oil firm NABEP pledges to quadruple output to more than 1 million barrels per day * Oil expert says only about 10 billion barrels are realistically developable within 25 years * NABEP faces challenges in staffing up and repairing dilapidated infrastructure By Marianna Parraga, Mircely Guanipa and Mariela Nava HOUSTON/MARACAIBO, Venezuela, Oct 30 (Reuters) - P resident Donald Trump called it the biggest oil deal in history: 17 Venezuelan oilfields holding some 64 [Read more]

BP posts net income of $8.46 billion, beating expectations

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BP posted third-quarter underlying replacement cost profit, its version of net income, of $8.46 billion on Friday, compared with expectations of $7.33 billion in a company-provided poll of analysts and $2.2 billion a year ago. The British major's operating cash flow was $14.8 billion, and net debt was $13.9 billion, meeting its target to reduce net debt a year early. Strong cash generation combined with allocating excess cash to strengthen the balance sheet enabled an $8.4 billion reduction [Read more]

Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war

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Oil prices rose on Friday — set for a fourth monthly gain — as an attack on a tanker in the Strait of Hormuz highlighted the continuing supply risks from the US-Israeli war on Iran, which has entered its eighth month. Brent crude futures for December, which expire on Friday, advanced $1.20, or 1.04%, to $116.08 a barrel as of 0323 GMT. The more-active January contract gained $1.39 to $112.19. US West Texas Intermediate (WTI) crude futures climbed$1.37, or 1.34%, to $103.37. For the [Read more]

Petrus Resources Announces Monthly Activity Update

CALGARY, Alberta, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]