Producers in Canada chopped greater than $2 billion off their 2020 budgets this week in a swift response to the Saudi-Russia price war that erupted over the weekend.
March 13, 2020, 6:15 AM MDT
ARC Resources Ltd. is chopping its capital budget and reducing the dividend.
March 13, 2020, 7:13 AM MDT
Total Energy Services Inc. has suspended its dividend and slashed spending plans by more than half in light of “global economic uncertainty and market volatility” compounded by increasing concerns over the potential economic impact of the coronavirus and recent turmoil in global oil markets.
March 13, 2020, 10:32 AM MDT
High Arctic Energy Services Inc. is taking a hard look at its business as it assesses the impact of the recent global events on its operations.
March 13, 2020, 11:20 AM MDT
STEP Energy Services Ltd.’s Canadian operations posted stronger adjusted EBITDA margins for both the 2019 fourth quarter and full year at 13 per cent of revenue (2018-nine per cent) and 18 per cent (2018-16 per cent) respectively.
March 13, 2020, 9:02 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 13, 2020, as reported this morning by Rig Locator.
March 13, 2020, 11:32 AM MDT
The U.S. rig count is down one rig from last week to 792, with oil rigs up one to 683, gas rigs down two to 107, and miscellaneous rigs unchanged at two, according to Baker Hughes.
March 13, 2020, 11:14 AM MDT
March 13, 2020, 8:43 AM MDT
New assets placed into service in 2019, including the Pipestone Gas Plant and the acquisition of the Prince George Refinery, helped Tidewater Midstream and Infrastructure Ltd. post record adjusted EBITDA of nearly $40 million (12 cents per share) in the fourth quarter of 2019.
March 13, 2020, 11:01 AM MDT
March 13, 2020, 11:08 AM MDT
As the iconic fundraising event for Trout Unlimited Canada, The Calgary Water Conservation Dinner and Auction provides the financial foundation of the organization’s work in river and stream restoration, scientific research and education.
March 13, 2020, 6 AM MDT
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March 13, 2020, 8:02 AM MDT