In Canada, Cathedral Energy Services Ltd. was the most active directional drilling provider in 2024 Q1, reported the company in its Q4 results, with some of the highest job counts achieved in the company's history.
March 27, 2024, 6:30 AM MDT
AKITA Drilling Ltd. reported 2023 net earnings of $18.42 million, compared to $4.29-million in 2022, an increase of 329 per cent year over year and a return to a positive retained earnings balance.
March 22, 2024, 12 AM MDT
Stampede Drilling Inc. is on pace for another strong start to the year, as it has consistently run 16 out of its 19 rig fleet throughout the first few months of 2024.
March 18, 2024, 12 AM MDT
Calfrac Well Services Ltd. says 2024 has gotten off to a tepid start for its North American segment and the company could defer some planned spending in the coming months as a result.
March 15, 2024, 12 AM MDT
STEP Energy Services Ltd. says Canadian activity levels have been strong in Q1, particularly for the fracturing service line which is seeing high utilization across the six active crews.
March 13, 2024, 12 AM MDT
Daniel Halyk, president and chief executive officer of Total Energy Services Inc., called 2023 a solid year for the company, with record cash flows.
March 12, 2024, 12 AM MDT
NCS Multistage Holdings, Inc.’s total revenues were $142.5 million for 2023, compared to $155.6 million in 2022.
March 8, 2024, 6 AM MST
While Ensign Energy Services Inc. posted an uptick in international operating days last quarter, its Canadian and U.S. counts pulled back.
March 4, 2024, 6 AM MST
Pason Systems Inc. expects to spend $75–$80 million in capital expenditures in 2024.
March 4, 2024, 12 AM MST
Western Energy Services Corp.’s 2023 revenue increased by $33.2 million or 17 per cent, to $233.5 million.
February 29, 2024, 12 AM MST
Gibson Energy Inc. posted record financial results in its fourth quarter and full year 2023, thanks to its Gateway Terminal acquisition and in the stability of its overall asset base.
February 23, 2024, 12 AM MST
Pembina Pipeline Corporation says strong performance in the Pipelines and Facilities divisions helped boost Q4 and full-year 2023 financial results.
February 23, 2024, 10:38 AM MST
TC Energy Corporation reported total segmented earnings of approximately $6.14 billion in 2023, up from $3.63 billion in 2022, with earnings up across its infrastructure portfolio.
February 16, 2024, 9:49 AM MST
Fee-for-service work at Keyera Corp. posted new financial highs in the fourth quarter of 2023.
February 15, 2024, 12 AM MST
Precision Drilling Corporation announced strong financial and operations results, with expectations of continued growth for 2024.
February 9, 2024, 12 AM MST
Precision Drilling Corporation has set 2024 capital spending at $195 million.
February 6, 2024, 12 AM MST
The third quarter results for CES Energy Solutions Corp. could be boiled down to one word: growth.
November 20, 2023, 9:25 AM MST
Source Energy Services Ltd. saw a slight dip in demand for frack sand in the third quarter of 2023 as operators delayed field activity, but the company expects demand to rebound in the final quarter of the year as delayed projects move forward, president and chief executive officer Scott Melbourn told analysts at the company’s third quarter conference call.
November 16, 2023, 12 AM MST
Tidewater Midstream and Infrastructure Ltd.’s Q3 sale of the Pipestone Natural Gas Processing facility and the Dimsdale natural gas storage facility assets to AltaGas Ltd. is part of a strategy to get its “core assets performing as they should and to service new creative opportunities.”
November 15, 2023, 6:06 AM MST
Stampede Drilling Inc. is forecasting to continue its strong utilization and day rates for its fleet of 19 rigs for the remainder of 2023 and into 2024, despite commodity price volatility.
November 15, 2023, 8:53 AM MST
The total job count for Trican Well Service Ltd. in the third quarter of 2023 eased compared to levels it logged one year earlier.
November 14, 2023, 6:44 AM MST
Cathedral Energy Services Ltd. says it sees a significant opportunity for margin expansion in its U.S. business as it deploys its own MWD technology to reduce its rental expenses.
November 14, 2023, 12 AM MST
Despite lower North American industry activity levels, market share gains resulting from equipment upgrades contributed to modestly higher third quarter results for Total Energy Services Inc. in 2023 as compared to 2022.
November 10, 2023, 6:22 AM MST
Calfrac Well Services Ltd. has seen “significant progress” in its long-term financial and operational goals during the past year.
November 9, 2023, 7:45 AM MST
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
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