CEO of Calgary oilfield services provider Calfrac suddenly resigns

CALGARY — The chief executive of oilfield services provider Calfrac Well Services has abruptly resigned a day after the company reported a quarterly loss. Calgary-based Calfrac says Pat Powell has also resigned from the board of directors and the company is looking...

AltaGas reports $203M Q4 profit, up from $113M a year ago

CALGARY — AltaGas Ltd. reported its fourth-quarter profit rose compared with a year ago, helped by strength across its business. The utility says it earned a profit applicable to common shares of $203 million or 68 cents per diluted share for the quarter ended Dec....