Increased fracturing activity and improved service prices resulted in Calfrac Well Services Ltd. reporting its best margin performance in a decade, the company said in its third quarter 2022 report to shareholders.
November 2, 2022, 7:52 AM MDT
Pason Systems Inc. generated $92.5 million in revenue in the third quarter of 2022, representing a 60 per cent increase from the $57.7 million generated in the third quarter of 2021 as drilling activity in Pason's operating regions continued to improve.
November 2, 2022, 3:15 PM MDT
Gibson Energy Inc. is looking to grow its core liquids infrastructure business and build out new energy transition operations as alternative fuel production expands, but any opportunities will have to fit within its current investment parameters, president and chief executive officer Steve Spaulding said at the company’s third quarter conference call Tuesday.
November 1, 2022, 10:10 AM MDT
NCS Multistage Holdings, Inc.’s total revenues were $48.9 million for the quarter ended Sept. 30, 2022, which was an increase of 51 per cent compared to the third quarter of 2021.
November 1, 2022, 12 AM MDT
CWC Energy Services Corp. posted record results for Q3 2022, with the company achieving a new milestone with quarterly record revenue, adjusted EBITDA and net income.
October 31, 2022, 12 AM MDT
For the three months ended Sept. 30, 2022, Pulse Seismic Inc. generated $2.2 million of revenue compared to $8.9 million for the same period in 2021.
October 31, 2022, 11:05 AM MDT
October 19, 2022, 11:09 AM MDT
Since the end of the second quarter, Calfrac Well Services Ltd. reported improved utilization throughout all service lines in North America and Argentina.
September 13, 2022, 6 AM MDT
Cathedral Energy Services Ltd.’s revenue surged in the second quarter of 2022 to $27.65 million, from $7.32 million the previous year.
August 15, 2022, 7:15 AM MDT
Oilfield chemical supply firm CES Energy Solutions Corp. generated record quarterly revenue of $433.7 million, representing a sequential increase of $32.4 million, or eight per cent, relative to the company’s previous record of $401.3 million in Q1 2022.
August 12, 2022, 10:48 AM MDT
With its base business in an “advantageous position,” Enerflex Ltd. says it is focused on advancing the acquisition of Exterran Corporation.
August 11, 2022, 10:01 AM MDT
Energy transition company Tidewater Renewables Ltd. reported positive second quarter 2022 financial results, while furthering development of its low carbon fuel projects and carbon credit business in Western Canada.
August 11, 2022, 9:34 AM MDT
STEP Energy Services Ltd. said that the first half of 2022 saw pricing respond to the inflationary pressures and tightness in supply.
August 11, 2022, 4:37 AM MDT
Pason Systems Inc. generated $73.6 million in revenue in the second quarter of 2022, representing a 69 per cent increase from the $43.6 million generated in the second quarter of 2021 as drilling activity in Pason's operating regions continued to improve.
August 11, 2022, 12 AM MDT
PHX Energy Services Corp.’s adjusted EBITDA from continuing operations increased to $25.1 million, 20 percent of consolidated revenue.
August 11, 2022, 4:07 AM MDT
Ensign Energy Services Inc. recorded gains in both operating days and marketed rigs through its Canadian operations in the second quarter of 2022.
August 9, 2022, 7:26 AM MDT
Pembina Pipeline Corporation says it expects to have secured the transportation, fractionation and marketing rights to a significant portion of forecasted future growth in the northeast B.C. (NEBC) Montney due to long-term commitments under three service agreements.
August 5, 2022, 10:59 AM MDT
The second quarter of 2022 saw Keyera Corp. grow processing throughput in both its gathering and processing and liquids infrastructure segments year-over-year.
August 5, 2022, 7:03 AM MDT
With activity levels continuing to rise, AKITA Drilling Ltd. says it has secured meaningful day rate increases as current contracts are renewed throughout the remainder of the year.
August 5, 2022, 12 AM MDT
Essential Energy Services Ltd.’s 2022 capital forecast has increased from $6 million to $9 million, which includes $3 million for growth capital and $6 million for maintenance capital.
August 4, 2022, 5:36 AM MDT
Stampede Drilling Inc. reported higher revenue in Q2.
August 3, 2022, 12 AM MDT
Heavy oil differential levels are expected to return to where they were prior to Russia’s invasion of Ukraine, says the chief executive of MEG Energy Corp.
August 2, 2022, 10 AM MDT
Gibson Energy Inc. reported revenue of $3.2 billion in the second quarter, a $1.52 billion or 91 per cent increase over the second quarter of 2021, a result of higher commodity prices increasing contribution from the Marketing segment.
August 2, 2022, 2:30 PM MDT
NCS Multistage Holdings, Inc.’s total revenues were $27.5 million for the quarter ended June 30, 2022, which was an increase of 28 per cent compared to the second quarter of 2021.
August 2, 2022, 9:33 AM MDT
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
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