Browsing Tag
Calgary
31 posts
Carlyle backs C$1bn Parallax deal to build larger Canadian oil platform
Carlyle-backed Avenrock is acquiring Parallax Energy in a reported C$1 billion deal, expanding its Western Canadian light oil strategy.
Questor targets C$10m 2027 revenue after Q2 sales fall to just C$240,000
Questor Technology's second-quarter revenue collapsed from C$3 million to less than C$240,000 as rental utilisation weakened and an Iraq commissioning slipped. Investors nevertheless held the shares steady after a preceding rally, with attention shifting to fleet redeployment, a proposed Emission Rx acquisition and ambitious 2027 revenue targets.
Six rigs, 20% more capacity: Why Ensign Energy is buying Citadel Drilling now
Ensign Energy Services will add six high-spec rigs and managed pressure drilling capabilities in the Permian Basin, but financing and undisclosed deal economics leave critical questions for investors.
South Bow (SOBO) settles 2022 Keystone Kansas spill for $70m total commitment
South Bow (SOBO) settles 2022 Keystone Kansas spill: $26.9M penalty, $40M integrity work, $3M restoration; Keystone XL revival decision still pending.
Cenovus Energy strengthens control in MEG Energy with 9.8 % stake amid merger showdown
Cenovus Energy increases its MEG Energy stake to 9.8 %, signaling confidence before the merger vote. Find out how this reshapes Canada’s oil-sands future.
Why Secure Waste Infrastructure’s CAD 0.10 dividend could matter more than its Q3 earnings
Secure Waste Infrastructure (TSX: SES) declares a steady CAD 0.10 dividend ahead of Q3 results, reinforcing stability for Canadian income investors.
Strathcona Resources outbids Cenovus for MEG Energy with C$30.86 offer—Will the board revisit its decision?
Strathcona stuns with a new C$30.86 bid for MEG Energy, topping Cenovus. Will shareholders push the board to reconsider? Find out what’s at stake.
Strathcona Resources (TSX: SCR) increases MEG Energy (TSX: MEG) stake as Cenovus deal faces shareholder scrutiny
Strathcona Resources (TSX: SCR) raises its MEG Energy (TSX: MEG) stake to 11.8% as it vows to oppose Cenovus Energy’s (TSX: CVE) takeover bid.
Air Canada flight attendants plan coordinated protests at major airports over wages and unpaid hours
Air Canada (TSX: AC.TO) flight attendants to hold August 11 protests over low pay and unpaid hours as tense labor talks approach strike deadline.
Simpson Oil backs Sunoco’s $9.1bn acquisition of Parkland, tilting outcome ahead of June 24 vote
Simpson Oil throws support behind Sunoco’s $9.1B Parkland deal ahead of key June 24 vote. Find out how this could shift shareholder sentiment.