CWC Energy Services Corp. reported record Q2 2022 revenue of $42.7 million, an increase of $26.2 million (159 per cent) compared to $16.5 million in Q2 2021.
August 2, 2022, 5:04 AM MDT
During the second quarter, Enbridge Inc. added $3.6 billion of growth capital to its secured capital program, including a US$400 million extension of the Texas Eastern System associated with Venture Global's Plaquemines LNG project, an estimated $1.2 billion expansion of B.C. Pipeline System’s T-North section and a US$1.5 billion investment in the Woodfibre LNG facility.
July 29, 2022, 6:06 AM MDT
TC Energy Corporation’s second quarter 2022 results were underpinned by solid utilization and reliability across its assets.
July 28, 2022, 6:59 AM MDT
Calfrac Well Services Ltd. generated Q2 revenue of $318.5 million, an increase of 83 per cent from the second quarter in 2021, resulting primarily from improved activity in all of the company's operating divisions and improved pricing in North America.
July 28, 2022, 4:38 AM MDT
Trican Well Service Ltd. posted gains in both revenue and total proppant pumped in the second quarter of this year.
July 27, 2022, 2:10 PM MDT
Western Energy Services Corp.’s second quarter revenue increased by $10.2 million or 50 per cent, to $30.6 million in 2022 as compared to $20.4 million in the second quarter of 2021.
July 26, 2022, 12 AM MDT
Pulse Seismic Inc. reported second quarter revenue of $3.1 million compared to $19.1 million for the three months ended June 30, 2021.
July 21, 2022, 6 AM MDT
STEP Energy Services Ltd. says that inflation remains a pressing concern for the company, pointing to the continued need for “pricing adjustments.”
June 21, 2022, 12 AM MDT
Bri-Chem Corp. reported $23.54 million in sales for Q1 2022, which is up 105 per cent from the same prior-year period, due to stronger performance in North American for its fluids distribution divisions as industry resurges following the easing of global economic restrictions that were in place due to COVID-19, and as supply constraints continue.
May 18, 2022, 6 AM MDT
High Arctic Energy Services Inc. cannot keep up with Canadian service demand that exceeds the current crewing capacity, says management, and the company is taking measures in response, although sustained utilization and better compensation will be necessary to attract personnel into the industry.
May 17, 2022, 12 AM MDT
Cathedral Energy Services Ltd. saw increased demand for its services in Q1 2022 as higher commodity prices and improved cash-flow projections for oil and gas producers led to expanded drilling programs.
May 16, 2022, 9:40 AM MDT
Tidewater Midstream and Infrastructure Ltd. expects to announce a final investment decision in the near-term for its Pipestone Natural Gas Plant Phase 2 expansion to add 100 mmcf/day of sour gas processing to the facility.
May 13, 2022, 9:43 AM MDT
Consumable chemical supplier CES Energy Solutions Corp. generated record revenue of $401.3 million in the first quarter of 2022, an increase of $33.5 million or nine per cent compared to the final quarter of 2021. Revenues were up 54 per cent compared to the first quarter of 2021.
May 13, 2022, 7:40 AM MDT
Essential Energy Services Ltd.’s Q1 revenue climbed to $37.7 million, 25 per cent higher than the same prior year quarter as a result of increased activity due to improved industry conditions.
May 13, 2022, 12 AM MDT
Stampede Drilling Inc.’s strong 2021 results continued into 2022, with all 10 of its marketable rigs being fully crewed and operational during the first quarter.
May 13, 2022, 12 AM MDT
Trican Well Service Ltd. reported improved first quarter 2022 financial performance, with revenues up 48 per cent compared to same quarter of 2021, and adjusted EBITDA up 42 per cent.
May 12, 2022, 8:08 AM MDT
Total Energy Services Inc. experienced strongly improved industry conditions in North America and Australia for Q1 2022 when compared to the same period last year, which is reflected in the company’s financial results.
May 12, 2022, 5:11 AM MDT
In response to the higher activity expectations, STEP Energy Services Ltd.’s board of directors has approved an increase of $8.3 million to the 2022 capital program, increasing it to $56.0 million.
May 12, 2022, 7:26 AM MDT
Keyera Corp. reported realized cash flow from operating activities of $457 million in the first quarter of 2022, a 70 per cent increase compared with $268 million for the same period in 2021. The jump in cash flow was driven largely by a major increase in revenues from its marketing division.
May 10, 2022, 8:49 AM MDT
Ensign Energy Services Inc. posted a 34 per cent year-over-year increase in marketed drilling rigs in Canada last quarter.
May 10, 2022, 7:29 AM MDT
AKITA Drilling Ltd. reported improved year-over-year results in the first quarter of 2022 compared to the same quarter of 2021, however moderate day rate increases did not keep pace with increasing costs and therefore results did not improve as significantly as activity levels did.
May 9, 2022, 6 AM MDT
Enbridge Inc. saw strong Q1 2022 results based on operational performance and utilization across each of its businesses, says executive management, as the company continues to progress on its strategic priorities during an “inflection point” in global energy markets, with growing demand and underinvestment driving higher prices.
May 6, 2022, 6:51 AM MDT
Pembina Pipeline Corporation reported record adjusted EBITDA of $1 billion in the first quarter of 2022, representing a 20 per cent increase over the same period the prior year.
May 6, 2022, 8 AM MDT
Enerflex Ltd. achieved strong financial results during this year’s first quarter despite increased inflationary and competitive pressures, says executive management.
May 5, 2022, 10:39 AM MDT
First quarter revenues for NCS Multistage Holdings, Inc. were $39.1 million, an increase of 37 per cent compared to the first quarter of 2021.
May 5, 2022, 2:48 PM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.