CALGARY — TC Energy Corp. posted a lower quarterly profit as its Coastal GasLink project reaches a “significant milestone.” The Calgary-based energy producer says its net income attributable to shareholders was $889 million or 90 cents per diluted share in...
By Christopher Reynolds The projected cost of the contentious Coastal GasLink pipeline spanning northern British Columbia has jumped 70 per cent to $11.2 billion in the wake of a freshly inked deal between operator TC Energy Corp. and the group building a liquified...
CALGARY — Precision Drilling Corp. says it had a net loss of $24.6 million for the second quarter, down from a net loss of $75.9 million in the same quarter last year. The net loss for the quarter ending June 30 worked out to $1.81 per share, compared with $5.71 per...
CALGARY — MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the planned turnaround at its Christina Lake Phase 2B facility. The Calgary-based oilsands developer says it earned 72 cents per diluted share in the...
CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.78 million or 18 cents per share in its second quarter, compared...