RESULTS BY SEGMENTNormalized EBITDA (1) (2)Three Months EndedJune 30($ millions)20232022Utilities102116Midstream134163Sub-total: Operating Segments236279Corporate/Other3(3)$ 239$ 276(1)Non‑GAAP financial measure; see discussion in Non‑GAAP Financial Measures section of this new release.(2)In the third quarter of 2022, Management […]
Author: Consultant
Markets Brace For Key Data Releases
Published: 8/1/2023 7:07 AM ETMarket sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in […]
Dock workers at key Canadian ports reject labor deal, creating further trade uncertainty
West Coast membership of the International Longshoremen and Warehouse Union of Canada voted down a tentative deal late Friday in a two-day vote The ILWU, Canada chapter is calling on […]
Calendar: July 31 -Aug 4
Monday, July 31China releases purchasing managers indexes for July. Japan releases June retail sales and industrial production data, plus July consumer confidence.Euro area releases real GDP for second quarter, plus […]
Gold Futures Settle Higher As Dollar Turns Weak
Published: 7/28/2023 3:06 PM ETGold futures settled higher on Friday as the dollar turned weak after data on personal consumption expenditure indicated a slowdown in U.S. inflation.The data has helped ease […]
Oil Futures Settle Higher, Post 5th Straight Weekly Gain
Published: 7/28/2023 3:31 PM ETOil prices climbed higher on Friday, and the most active gold futures contract posted gains for the fifth straight week, amid easing U.S. recession fears, and on […]
U.S. price and wage increases slow further in latest signs of cooling inflation
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years […]
Imperial Oil’s quarterly profit plunges 72% as production, prices drop
Canada’s Imperial Oil IMO-T +5.26%increase reported a 72 per cent drop in second-quarter profit on Friday as maintenance activity hit its production while a slump in energy prices further dented earnings.Global oil prices […]
Canadian economy grew 0.3% in May, but looks to have contracted in June
The Canadian economy grew by 0.3 per cent in May despite downward pressure from wildfire-hit oil and gas production but it looks to have slowed in June, Statistics Canada said […]