Trinidad Drilling Ltd.’s first quarter revenue increased by 15.5 per cent compared to 2017, due to higher dayrates and higher activity levels in the company’s U.S. drilling division while Canadian revenue decreased due to lower early termination and standby revenue.
May 8, 2018, 10:19 AM MDT
Inter Pipeline Ltd.’s propane-based petrochemical project currently under construction northeast of Edmonton “truly is a transformational growth opportunity for the company,” its chief executive said Monday.
May 8, 2018, 9:08 AM MDT
In both Canada and the U.S., Cathedral Energy Services Ltd. was impacted by increasing equipment repair expenses.
May 8, 2018, 7:33 AM MDT
STEP Energy Services Ltd. generated consolidated Q1 revenue of $187.6 million compared to $118 million during the same period of 2017.
May 8, 2018, 7:49 AM MDT
Total revenue, comprised exclusively of data library sales in both periods, was $2.3 million for the three months ended March 31, 2018 for Pulse Seismic Inc. compared to $2.7 million for the three months ended March 31, 2017.
May 8, 2018, 8:05 AM MDT
Revenue for Enerflex Ltd. increased 31 per cent in Q1 2018 to $385.8 million.
May 8, 2018, 10:40 AM MDT
CWC Energy Services Corp. reported first quarter revenue of $48.9 million, an increase of $16.4 million compared to $32.5 million in the same period last year.
May 8, 2018, 11:15 AM MDT
Ensign Energy Services Inc. reported an increase in U.S. revenue in the first quarter compared to a year ago, while Canadian and international revenues declined year-over-year.
May 7, 2018, 10:37 AM MDT
Xtreme Drilling Corp.’s first quarter revenues increased compared to the same period in 2017 primarily as a result of an increase in operating days, utilization and day rates.
May 7, 2018, 10:04 AM MDT
For the three-month period ended March 31, 2018, PHX Energy Services Corp.’s consolidated operating and financial results continued to strengthen, building upon the 2017-year’s positive momentum.
May 4, 2018, 4:03 AM MDT
Pason Systems Inc. generated consolidated revenue of $73.8 million in the first quarter of 2018, an increase of 25 per cent from the same period in 2017.
May 3, 2018, 6 AM MDT
Source Energy Services Ltd., Canada’s largest frac sand supplier, recorded record financial results for the first quarter of 2018, despite rail service disruptions that brought some sand shipments to a virtual halt.
May 3, 2018, 10:04 AM MDT
With a strong first quarter of 2018 behind it, Calfrac Well Services Ltd. is expecting the remainder of 2018 to remain positive for its pressure pumping business, driven largely by U.S. growth, its chief executive officer Fernando Aguilar said in a conference call Tuesday.
May 2, 2018, 9:14 AM MDT
Calfrac Well Services Ltd. reported a strong first quarter of 2018, with revenues of $582.8 million, an increase of 117 per cent from the same period in 2017.
May 1, 2018, 9:19 AM MDT
Secure Energy Services Inc. says higher activity levels and growth initiatives over the last several years were key factors leading to a 57 per cent increase in revenue in the first quarter to $705.4 million.
May 1, 2018, 8:35 AM MDT
Given the surplus of gas coming off the NOVA Gas Transmission Ltd. system and the need for egress, TransCanada Corporation expects to be able to sell more long-haul offerings on its Canadian Mainline, analysts heard Friday.
April 30, 2018, 8:06 AM MDT
April 30, 2018, 9:36 AM MDT
The “consistent, deeply discounted” prices for Canadian heavy oil in the first quarter of 2018 have improved recently, but Husky Energy Inc. CEO Rob Peabody is expecting continued volatility in the near term.
April 26, 2018, 10:53 AM MDT
April 26, 2018, 11:24 AM MDT
Precision Drilling Corporation reported a smaller-than-expected loss on Thursday as its U.S. clients deployed more of the company’s rigs to take advantage of rising oil prices.
April 26, 2018, 9:33 AM MDT
MATRRIX Energy Technologies Inc. expects 2018 to mirror 2017 for overall rig activity in Canada with slow growth later in the year.
April 5, 2018, 3:20 AM MDT
Spring weather and road conditions generally impact proppant sales in Western Canada into the second quarter, but this year customer demand remains strong at Source Energy Services Ltd.
March 15, 2018, 10:42 AM MDT
NCS Multistage Holdings, Inc.’s fourth quarter revenues were $50.2 million, an increase of $14.7 million or 42 per cent as compared to the comparable period of 2016.
March 13, 2018, 9:44 AM MDT
Directional driller Cathedral Energy Services Ltd. says that in early 2018 it will be introducing a new high performance motor whose design improves the mud flow characteristics of the motor along with delivering more energy to the drill bit.
March 12, 2018, 6 AM MDT
AKITA Drilling Ltd.’s decision to move and market a state-of-the-art rig into Odessa, Texas, in December 2017 has resulted in a major American operator contracting the rig.
March 12, 2018, 9:58 AM MDT