CALGARY, May 9, 2019 /CNW/ - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) today announced financial and operating results for the three-month period ended March 31, 2019. First Quarter Highlights Funds from operations (FFO) totalled $212 million Net income for the quarter was $98 million Declared cash dividends of $174 million, or $0.43 per share Quarterly payout ratio* of 82 percent Total pipeline throughput volume averaged 1,386,600 barrels per day (b/d) [Read more]
Headlines
Crescent Point Announces Q1 2019 Results
CALGARY, May 9, 2019 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2019. KEY HIGHLIGHTS Increased cash flow in 2019 based on return-focused capital allocation, lower costs, higher commodity prices and improved oil differentials. Expect to generate approximately $600 million of excess cash flow in 2019 based on guidance at current strip prices. Annual [Read more]
Canadian Natural Resources Limited Announces 2019 First Quarter Results
CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) -- Commenting on the Company's first quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "In the first quarter, the Company demonstrated the resilience and strength of its long life low decline and low capital exposure assets, generating significant adjusted funds flow of approximately $2.2 billion. The Company was able to achieve adjusted funds flow that exceeded net capital expenditures by approximately $1.3 [Read more]
Chevron Will Not Increase Offer to Acquire Anadarko
Demonstrates Capital Discipline Will receive $1 billion cash termination fee Increasing share repurchase rate by 25 percent to $5 billion per year Committed to its advantaged portfolio and long-term value proposition SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day [Read more]
Changes to the Canadian Environmental Emergency Regulations – Are You Required to Comply?
On March 6th, 2019 the Canada Gazette published a significant revision of the Canadian Environmental Protection Act’s Environmental Emergency Regulations (EER SOR 2003-307), requiring any entity managing hazardous substances over prescribed limits to prepare, test, file, and communicate to the public an emergency management plan. Based on current regulated parties, approximately five thousand Canadian businesses will be subject to CEPA’s revised regulations. In this 30-minute webinar, our [Read more]
InPlay Oil Corp. Announces First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three months ended March 31, 2019. InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2019 will be available on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and our website [Read more]
Athabasca Oil Corporation Announces 2019 First Quarter Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report strong operational and financial performance in the first quarter of 2019. With its resilient business model, the Company is well positioned to generate free cash flow in 2019 and beyond. 2019 First Quarter Highlights Consolidated Quarterly Results Production of 39,206 boe/d (86% liquids) Operating income of $76 million (excluding hedging) [Read more]
Granite Oil Corp. Reports First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2019. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended March 31, 2019 2018 (000s, except per share amounts) ($) ($) FINANCIAL Oil and natural gas revenues 9,296 10,675 Cash flow from (used in) [Read more]
Prairie Provident Announces First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce our operating and financial results for the three months ended March 31, 2019. PPR’s consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2019 are available on our website at www.ppr.ca and filed on SEDAR. FIRST QUARTER 2019 [Read more]
Bellatrix Announces Deregistration With the United States Securities and Exchange Commission and Filing of Form 15F
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) today announces that it plans to file a Form 15F with the United States Securities and Exchange Commission (the "Commission" or "SEC") to voluntarily terminate the registration of its common shares and its reporting obligations under Section 13(a) and Section 15(d) of the United States Securities Exchange Act of 1934 ("Exchange Act"). Bellatrix’s Exchange Act reporting [Read more]