Q1 Results

• TC Energy expects ‘substantive’ charge related to Keystone XL permit revocation

  The company couldn't yet say what the size of the charge will be, which it expects to be predominantly non-cash, but that it was assessing its options.

  Canada

  Feb 18, 2021
  
• Shaw Communications says year off to great start despite pandemic

  CEO Brad Shaw says the Calgary-based company's strategy to ``scale our wireless business and deliver profitable wireline results set new records this quarter.''

  Canada

  Jan 13, 2021
  
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• Calgary-based STEP Energy Services reports wage, job, spending cuts

  STEP Energy Services is reporting job cuts, wage rollbacks, a reduction of manned equipment and reduced capital spending as it adjusts to lower oilfield activity during the COVID-19 pandemic.

  Canada

  May 21, 2020
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• TransAlta reports $27M first quarter profit compared with a loss a year ago

  TransAlta earned a profit of $27 million in its latest quarter compared with a loss a year ago, helped by strong earnings from its U.S. coal operations and its wind and solar business.

  Canada

  May 12, 2020
• Canadian Natural Resources looks to cut spending, reports $1.28B first quarter loss

  Canadian Natural Resources said it is looking to cut its costs this year by $745 million compared with last year as it reported a first-quarter loss of $1.28 billion.

  Canada

  May 7, 2020
• Enbridge reports $1.43B Q1 loss, moves to cut costs, delay some spending

  Enbridge reported a first-quarter loss of nearly $1.43 billion as it was hit by one-time non-cash charges in the quarter including a writedown of its investment in DCP Midstream, a joint venture in the U.S.

  Canada

  May 7, 2020
• MEG Energy cuts capital spending plan again, reports $284M Q1 loss

  MEG Energy cut its capital spending guidance for a second time due to the COVID-19 pandemic as it reported a first-quarter loss of $284 million.

  Economy

  May 5, 2020
• Atco reports lower Q1 profit, says COVID 19 may cause delays, labour shortages

  Atco says it had lower revenue and a reduced profit of $174 million profit in the first quarter, down from $226 million a year earlier.

  Economy

  May 1, 2020
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• Precision Drilling reports $5.3M Q1 loss, warns of drop in demand well into 2021

  Precision Drilling reported a loss in its first quarter and warned that it expected a significant and sustained drop in customer demand for oil and gas services well into next year as a result of the recent plunge in oil prices.

  Economy

  Apr 30, 2020
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• Calgary-based Cenovus Energy reports $1.8B first quarter loss as oil prices plunge

  Cenovus reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.

  Economy

  Apr 29, 2020