Barrels Of Oil

• Alberta wildfires: Fire concerns ease, NuVista Energy restarts oil production

  NuVista Energy Ltd. said it was able to restart most of its operations over the weekend as winds and weather helped ease the wildfire situation near its operations in Alberta.

  Fire

  May 23, 2023
  
• Cenovus Energy reports $153M Q4 loss, including $100M Keystone XL charge

  The company says it lost $153 million for the quarter ended Dec. 31 compared with a profit of $113 million or nine cents per share in the fourth quarter of 2019.

  Canada

  Feb 9, 2021
  
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• Crescent Point raises production guidance as shut-in production restarts

  Crescent Point Energy Corp. raised its production guidance for the year as it said it restarted production that was shut in when energy prices crashed due to the pandemic.

  Canada

  Sep 1, 2020
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• Calgary-based CNRL beats expectations despite loss and halving of revenues

  The Calgary-based energy producer says it lost $310 million or 26 cents per share in the second quarter, compared with a year-ago profit of $2.8 billion or $2.36 per share.

  Canada

  Aug 6, 2020
• PrairieSky Royalty reports lower second quarter crude oil production

  The Calgary-based company, which earns revenue by sharing in production from lands for which it holds the petroleum mineral rights, says it produced 18,670 barrels of oil equivalent per day in the three months ended June 30.

  Canada

  Jul 21, 2020
• Calgary-based Encana says cost cutting includes 15% job reduction

  Calgary-based Encana reported a fourth-quarter profit of US$1.03 billion.

  Canada

  Feb 28, 2019
• Encana reports third quarter profit and revenue down from year ago

  Encana says it earned a third-quarter profit of US$294 million, down from US$317 million a year ago, as revenue fell.

  Economy

  Nov 8, 2017
• Cenovus Energy reports $69M third-quarter loss, production more than doubles

  Cenovus says it lost $69 million in its latest quarter as it more than doubled its production compared with a year ago, boosted by its acquisition of most of the Canadian assets of ConocoPhillips earlier this year.

  Economy

  Nov 2, 2017
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• Penn West proposes name change to Obsidian Energy

  Penn West wants to change its name to Obsidian Energy after surviving an accounting scandal, debt crisis and commodity price crash over the past three years.

  Economy

  May 26, 2017