Consolidation is helping to drive Key Access Pipeline System (KAPS) volumes higher than initial expectations, according to Keyera Corp. executives.
November 9, 2023, 12 AM MST
TC Energy Corporation booked a large third quarter net loss largely as a result of an impairment charge related to its Coastal GasLink pipeline project.
November 8, 2023, 11:10 AM MST
PHX Energy Services Corp. has boosted 2023 spending to $80 million from the previous $61.5 million.
November 8, 2023, 12 AM MST
The third quarter of 2023 saw Ensign Energy Services Inc. record a decline in both drilling operating days and marketed rigs in Canada.
November 7, 2023, 7:33 AM MST
A combination of supply-push and demand-pull for heavy oil will ensure ‘robust’ volumes on the Mainline in 2024, despite the startup of the Trans Mountain expansion project, says an executive with Enbridge Inc.
November 6, 2023, 12 AM MST
Pembina Pipeline Corporation says third quarter operational results “reflect the strength” of the company’s business model, including growing volumes and rising utilization across many systems and a “marketing business that continues to outperform” the long-run average.
November 3, 2023, 10:52 AM MDT
Pason Systems Inc. generated $93.1 million of revenue during the three months ended Sept. 30, 2023, a one per cent increase from last year.
November 3, 2023, 6 AM MDT
STEP Energy Services Ltd.’s Canadian fracturing service line generated $127.4 million in revenue on 308,000 tonnes of proppant pumped, the best third quarter in the company’s history.
November 2, 2023, 12 AM MDT
AKITA Drilling Ltd.’s net income increased to $3.88 million in the third quarter of 2023, up from $2.66 million during the same period of 2022.
November 2, 2023, 12 AM MDT
SECURE Energy Services Inc. reported increased revenues in the third quarter of 2023, while bringing a new Clearwater oil terminal and an expansion of Montney water disposal infrastructure online to drive future growth.
November 1, 2023, 8:35 AM MDT
The Canadian oil and gas market remains uniquely strong, said Kevin Neveu, president and CEO of Precision Drilling Corporation.
October 31, 2023, 12 AM MDT
NCS Multistage Holdings, Inc.’s revenues were $38.3 million for the quarter ended Sept. 30, 2023, which was a decrease of 22 per cent compared to the third quarter of 2022.
October 31, 2023, 12 AM MDT
Pulse Seismic Inc.’s total revenue was $5.1 million for the three months ended Sept. 30, 2023 compared to $2.2 million for the same stretch last year.
October 25, 2023, 6:10 AM MDT
As a result of the reduced industry activity in the third quarter of 2023 caused by lower commodity prices in the first eight months of the year, Western Energy Services Corp. has reduced its capital budget for 2023 to $25 million, which represents a decrease of $5 million from Western's previous capital budget of $30 million.
October 24, 2023, 3:27 PM MDT
Tidewater Renewables Ltd.’s delayed Hydrogenation Derived Renewable Diesel (HDRD) facility in Prince George, B.C., has made significant progress and is now days from starting commercial operation, said chairman and interim CEO Rob Colcleugh.
August 15, 2023, 7:55 AM MDT
CES Energy Solutions Corp. achieved second quarter record-breaking revenue of $515.8 million versus its prior record level set in Q2 last year of $433.7 million, an improvement of 19 per cent.
August 14, 2023, 12 AM MDT
Pason Systems Inc. saw revenue from its work in North America increase.
August 14, 2023, 12 AM MDT
Cathedral Energy Services Ltd. reported revenue of $115.06 million in 2023 Q2, the highest for any second quarter in the company's history and represents an increase of 316 per cent from the same period of 2022.
August 14, 2023, 12 AM MDT
Calfrac Well Services Ltd. delivered its best ever second-quarter adjusted EBITDA, with the company’s operating teams in North America and Argentina cited for driving its success despite the challenging Canadian wildfire season, customer delays, and seasonal breakup in Western Canada and North Dakota.
August 11, 2023, 12 AM MDT
Enerflex Ltd. says it has captured about US$50 million of annual run-rate synergies since its integration of Exterran Corporation and expects to realize the total US$60 million of anticipated synergies within 12 to 18 months of the transaction’s close last October.
August 11, 2023, 12 AM MDT
Essential Energy Services Ltd.’s revenue for the three months ended June 30, 2023 was $28.6 million, in line with the same prior year quarter.
August 11, 2023, 12 AM MDT
PHX Energy Services Corp. generated consolidated revenue of $155.6 million in Q2 2023, the highest level of second quarter revenue on record and the third highest level of quarterly revenue in its history despite the second quarter being typically slow in Canada due to spring breakup.
August 9, 2023, 12 AM MDT
While total operating days for Ensign Energy Services Inc. was flat year-over-year last quarter, its count in Canada slid 10 per cent.
August 8, 2023, 3 PM MDT
AKITA Drilling Ltd.’s net income increased to $6.18 million in the second quarter of 2023 from a loss of $4.25 million during the same period of 2022.
August 8, 2023, 12 AM MDT
Trican Well Service Ltd.’s second quarter unfolded as expected by the C-suite, with revenues at $168.2 million, a 10.2 per cent increase compared with the same period a year ago.
August 3, 2023, 8:51 AM MDT
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