Financial Results

  • Aveda Books Higher Q1 Revenue

    May 30, 2018, 6 AM MDT

  • U.S. Key Focus Region For Growth, Says DIVERGENT

    Following two consecutive quarters of improved operational and financial performance, Calgary-based DIVERGENT Energy Services Corp. says it has begun active sales in Colorado.

    May 30, 2018, 10:15 AM MDT

  • Strad Canadian Revenue Down While U.S. Revenue Climbs In Q1

    Strad Energy Services Ltd.’s first quarter consolidated revenue increased three per cent to $28.36 million compared to $27.77 million for the same period in 2017, but Canadian revenue was down nine per cent.

    May 15, 2018, 6 AM MDT

  • Low Gas Prices Expected To Curtail Tidewater Transportation Volumes

    Tidewater Midstream and Infrastructure Ltd. is forecasting lower processing and transportation volumes through the second and third quarters of 2018 before returning to historical levels in the fourth quarter as producers curtail natural gas production in response to low AECO prices.

    May 14, 2018, 9:31 AM MDT

  • Total Energy’s Q1 Revenues Soar 143 Per Cent

    Total Energy Services Inc.’s first quarter results improved significantly compared to the first quarter of 2017 due to the increased size and scale of operations following the acquisition of Savanna Energy Services Corp. in the second quarter of 2017.

    May 11, 2018, 10:18 AM MDT

  • Essential Q1 Revenue Climbs; Company Outlines Contribution To Deepest Well

    Revenue for Essential Energy Services Ltd. $60.1 million, a seven per cent increase compared to the first quarter 2017, with strong activity experienced by Essential Coil Well Service (ECWS) and Tryton.

    May 11, 2018, 6:55 AM MDT

  • Record Revenue For CES

    Revenue for the three months ended March 31, 2018  for  CES Energy Solutions Corp. of $300.3 million is the highest revenue quarter in the company’s history exceeding the previous record quarter which was Q4 2017 with $278.8 million. 

    May 11, 2018, 7:06 AM MDT

  • Non-Core Asset Sales Could Exceed 2018 Target, Says Enbridge

    May 10, 2018, 11:01 AM MDT

  • Oil, Liquids Rich Gas Plays Drive Trican’s Improved Results

    Trican Well Service Ltd. reported a 105 per cent increase in consolidated revenues in the first quarter of 2018 compared with the previous year, driven largely its recent acquisition of former competitor Canyon Technical Services and an increase in fracturing intensity in oil and liquids rich plays.

    May 10, 2018, 10 AM MDT

  • Keyera Plans $85 Million Expansion Of Simonette Gas Plant

    Additional processing capacity will be added to Keyera Corp.’s Simonette gas plant which continues to achieve record processing volumes, the company’s annual meeting heard Tuesday.

    May 9, 2018, 4:01 AM MDT

  • Focus On Crude Storage, Pipelines Paying Off, Says Gibson

    Calgary-based midstream company Gibson Energy Inc. is beginning to see the benefits of its shift from a diversified trucking and environmental and seismic services company to a domestic pipeline and storage-focused operator.

    May 9, 2018, 11:18 AM MDT

  • Trinidad’s Q1 Revenue Up On Increased U.S. Activity, Canada Down Slightly

    Trinidad Drilling Ltd.’s first quarter revenue increased by 15.5 per cent compared to 2017, due to higher dayrates and higher activity levels in the company’s U.S. drilling division while Canadian revenue decreased due to lower early termination and standby revenue.

    May 8, 2018, 10:19 AM MDT

  • Inter Pipeline Making Progress On Petrochemical Project

    Inter Pipeline Ltd.’s propane-based petrochemical project currently under construction northeast of Edmonton “truly is a transformational growth opportunity for the company,” its chief executive said Monday.

    May 8, 2018, 9:08 AM MDT

  • Canada, U.S. Impacted By Increasing Repair Expenses: Cathedral

    In both Canada and the U.S., Cathedral Energy Services Ltd. was impacted by increasing equipment repair expenses.

    May 8, 2018, 7:33 AM MDT

  • STEP Benefits From Improved Utilization And Pricing

    STEP Energy Services Ltd. generated consolidated Q1 revenue of $187.6 million compared to $118 million during the same period of 2017.

    May 8, 2018, 7:49 AM MDT

  • Pulse Seismic Revenue Up in Q1

    Total revenue, comprised exclusively of data library sales in both periods, was $2.3 million for the three months ended March 31, 2018 for Pulse Seismic Inc. compared to $2.7 million for the three months ended March 31, 2017.

    May 8, 2018, 8:05 AM MDT

  • Enerflex Revenue Up In Q1

    Revenue for Enerflex Ltd. increased 31 per cent in Q1 2018 to $385.8 million.

    May 8, 2018, 10:40 AM MDT

  • Improved Activity Levels Boosts CWC’s Revenue

    CWC Energy Services Corp. reported first quarter revenue of $48.9 million, an increase of $16.4 million compared to $32.5 million in the same period last year.

    May 8, 2018, 11:15 AM MDT

  • Ensign Reports Increased U.S. Revenue In Q1

    Ensign Energy Services Inc. reported an increase in U.S. revenue in the first quarter compared to a year ago, while Canadian and international revenues declined year-over-year.

    May 7, 2018, 10:37 AM MDT

  • Xtreme Boosts Revenues As Operating Days, Utilization And Rates Improve

    Xtreme Drilling Corp.’s first quarter revenues increased compared to the same period in 2017 primarily as a result of an increase in operating days, utilization and day rates.

    May 7, 2018, 10:04 AM MDT

  • PHX Revenues Rise In Q1 As Momentum Continues

    For the three-month period ended March 31, 2018, PHX Energy Services Corp.’s consolidated operating and financial results continued to strengthen, building upon the 2017-year’s positive momentum.

    May 4, 2018, 4:03 AM MDT

  • Pason Revenues Surge In Q1

    Pason Systems Inc. generated consolidated revenue of $73.8 million in the first quarter of 2018, an increase of 25 per cent from the same period in 2017.

    May 3, 2018, 6 AM MDT

  • Record Results For Source, Despite Rail Disruptions

    Source Energy Services Ltd., Canada’s largest frac sand supplier, recorded record financial results for the first quarter of 2018, despite rail service disruptions that brought some sand shipments to a virtual halt.

    May 3, 2018, 10:04 AM MDT

  • U.S. Operations Drive Calfrac Optimism

    With a strong first quarter of 2018 behind it, Calfrac Well Services Ltd. is expecting the remainder of 2018 to remain positive for its pressure pumping business, driven largely by U.S. growth, its chief executive officer Fernando Aguilar said in a conference call Tuesday.

    May 2, 2018, 9:14 AM MDT

  • Increase In Fracking Intensity, Higher Pricing In North America, Drive Calfrac Q1 Revenues Higher

    Calfrac Well Services Ltd. reported a strong first quarter of 2018, with revenues of  $582.8 million, an increase of 117 per cent from the same period in 2017.

    May 1, 2018, 9:19 AM MDT