CALGARY — Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021. The Calgary-based oil producer and refiner, which reported after markets...
Pembina Pipeline Corp. says it earned $418 million in the second quarter, reflecting higher natural gas liquids (NGL) and crude oil prices and margins, as well as rising volumes on its key pipeline systems. The Calgary-based energy infrastructure company says its...
CALGARY — Cenovus Energy Inc. recorded a massive upswing in profit in its latest quarter amid increased commodity prices and higher margins. The Calgary-based oil producer had net earnings of $2.4 billion in the second quarter, or $1.23 per basic share, compared with...
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...
