CALGARY — Baytex Energy reported a third-quarter profit of $32.7 million and said it expects to generate record cash flow for the year thanks to surging commodity prices. The Calgary-based oil and gas company says it earned 35 cents per diluted share in the three...
CALGARY — The Canadian Association of Petroleum Producers is looking for a new CEO. The Calgary-based oil and gas lobby group says its current president and CEO, Tim McMillan, will step down this spring. McMillan was head of the organization for seven years. CAPP says...
GLASGOW, United Kingdom — Canada has joined the United States, United Kingdom and 21 other countries in a historic deal to stop new direct public finance for coal, oil and gas development by the end of 2022. The deal, signed at the COP26 climate meeting in Glasgow,...
CALGARY — Canadian Natural Resources Ltd. raised its quarterly dividend by 25 per cent as it reported a third-quarter profit of $2.2 billion. The company says it will now pay a quarterly dividend of 58.75 cents per share. Canadian Natural’s profit amounted to...
CALGARY — Tourmaline Oil Corp. reported record cash flow and net earnings of $361.1 million in the third quarter of 2021. The Calgary-based company says it earned $1.10 per diluted share in the quarter, compared with $4.8 million or two cents per diluted share in the...
