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Discount on Western Canada Select widens

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The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures widened on Monday. WCS for July delivery in Hardisty, Alberta, settled at $11.40 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $11.15 a barrel on Friday. * WCS is ending its monthly trading cycle with the differential nearly $4 tighter than it was in mid May. It has been on a narrowing trend this month, tightening by approximately $4 since [Read more]

MOU is a ‘very general document’, Vance says on CNN

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Vice President JD Vance on Monday said the U.S.' memorandum of understanding with Iran was "a very general document" with specifics of the deal to be worked out during further negotiations. "The MOU...is about a page and half so it is a very general document," Vance said on CNN's The Lead with Jake Tapper. "On a number of issues, we are going to have to figure this stuff out during the technical negotiation phase." (Reporting by Christian Martinez) [Read more]

Peyto Exploration & Development Corp. Confirms Monthly Dividend for July 15, 2026

CALGARY, Alberta, June 15, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to June 2026 of $0.12 per common share is to be paid on July 15, 2026, for shareholders of record on June 30, 2026. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more [Read more]

Whitecap Resources Inc. confirms monthly dividend for June 2026 of $0.0608 per share

  CALGARY, AB, June 15, 2026 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of June operations will be paid on July 15, 2026 to shareholders of record on June 30, 2026.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.21 per share for July 15, 2026

  CALGARY, AB, June 15, 2026 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.21 per share for July 15, 2026 to shareholders of record on June 30, 2026. At June 15, 2026, the trailing 12-month payments to shareholders total $0.80 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations. ARC's investment-grade [Read more]

TSX hits new record high as oil prices slide after U.S.-Iran deal

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TORONTO - Canadian and U.S. stock markets rallied after the U.S. and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again. Allan Small, senior investment adviser at iA Private Wealth, said news of the tentative deal spurred optimism in the market, which is currently driven by headlines and geopolitics. “As long as this market believes this war is coming to an end, you're going to see positive days (and) positive [Read more]

SECURE announces quarterly dividend and timing of 2026 second quarter results

  CALGARY, AB, June 15, 2026 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation") is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.105 per common share payable on or about July 15, 2026, to shareholders of record on July 1, 2026. This dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation. SECURE also announced today that [Read more]

International Petroleum Corporation Corporate Update: Blackrod Phase 1 First Oil Achieved

International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce first oil has been achieved at Phase 1 of the Blackrod project, ahead of schedule and on budget. The Blackrod Phase 1 development project began production on May 31, 2026 as the initial well pairs commenced conversion from steam circulation to production. As the remaining well pairs undergoing steam circulation reach the necessary conformance conditions, they will subsequently be converted to oil [Read more]

Freehold Royalties Declares Dividend for June 2026

CALGARY, Alberta, June 15, 2026 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2026 to shareholders of record on June 30, 2026. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.0 million gross acres in Canada and [Read more]

Stocks of oil in US Strategic Petroleum Reserve falls to lowest since 1983

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Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 340.3 million barrels, the lowest level since 1983, according to data from the Department of Energy on Monday, signaling tight supplies just as the U.S. and Iran agree on a deal to end the war and open the Strait of Hormuz. Inventories in the government's emergency stash fell by 8.9 million barrels, the third steepest draw on record. The drawdowns are a part of a U.S. agreement to loan 172 million barrels from the facility to [Read more]