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
Canadian activity levels are expected to hold steady through the second half of the year, according to STEP Energy Services Ltd.
August 3, 2023, 9:15 AM MDT
Total revenues for NCS Multistage Holdings, Inc. were $25.4 million for the quarter ended June 30, 2023, which was a decrease of eight per cent compared to the second quarter of 2022.
August 1, 2023, 12 AM MDT
Precision Drilling Corporation’s CEO Kevin Neveu said Canada’s oil and gas drilling sector has been transformed in recent years, with the company’s second quarter results reflecting this.
July 31, 2023, 10:27 AM MDT
TC Energy Corporation released its second quarter financial and operating results on Thursday.
July 28, 2023, 10:49 AM MDT
Stampede Drilling Inc. revenue was $13.24 million, up 59 per cent compared to the corresponding 2022 period.
July 28, 2023, 12 AM MDT
CWC Energy Services Corp. reported quarterly revenue of $34.5 million, a decrease of $8.2 million compared to a record $42.7 million in Q2 2022.
July 28, 2023, 12 AM MDT
Precision Drilling Corporation’s Canadian fleet is in high demand with 58 rigs running, including all of its Super Triples and pad capable Super Singles.
July 27, 2023, 4:56 AM MDT
MEG Energy Corp.’s Christina Lake operation reached post-payout status under the Oil Sands Royalty Regulation during the second quarter of 2023 resulting in an increase in the effective royalty rate as expected, said the company.
July 27, 2023, 3:38 PM MDT
Western Energy Services Corp.’s second quarter revenue increased by $12.4 million or 40 per cent, to $43.0 million in 2023, as compared to $30.6 million in the second quarter of 2022.
July 26, 2023, 6:27 AM MDT
Pulse Seismic Inc.’s total revenue was $8.8 million for the three months ended June 30, 2023 compared to $3.1 million for the three months ended June 30, 2022.
July 26, 2023, 6:28 AM MDT
Stampede Drilling Inc. is on pace with another strong start to the year with 17 out of its 19 rig fleet operational and fully crewed in the first quarter of 2023.
May 16, 2023, 6 AM MDT
Drilling and completions in Canada helped drive CES Energy Solutions Corp. to 24 per cent revenue growth in the country last quarter.
May 15, 2023, 6 AM MDT
A heavy oil production hike drove 64 per cent year-over-year overall production gains for Tamarack Valley Energy Ltd. in the first three months of 2023.
May 12, 2023, 7:44 AM MDT
High Canadian drilling rig utilization, combined with strong performance in its service rig, compression and process services, and equipment rental businesses across North America, resulted in a record first quarter for Total Energy Services Inc.
May 12, 2023, 9:57 AM MDT
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