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...
By Christopher Reynolds Enbridge Inc. has extended its push into liquefied natural gas as global demand soars, scooping up a stake in a proposed LNG project on the West Coast — even as the projected cost of the venture more than tripled. On Friday, the Calgary-based...
CALGARY — Enbridge Inc. says its earnings attributable to common shareholders dropped in its most recent quarter despite higher revenue. The Calgary-based energy company says it earned $450 million or 22 cents per share in its second quarter, compared with $1.39...
