While capital expenditure cuts by Canadian natural gas-weighted entities have been less severe than crude-weighted producers, seven out of eight companies whose production is 70 per cent or more gas have pulled back spending since the COVID-19 crisis took hold, according to data compiled by Evaluate Energy.
May 26, 2020, 7:06 AM MDT
While the challenges facing Canada’s energy sector are vast and currently unrelenting as industry continues to navigate through the fallout from the COVID-19 crisis, western Canadian natural gas-weighted companies are faring better — in relative terms — than their crude producing brethren.
May 25, 2020, 6:11 AM MDT
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