Cenovus Energy Inc. says it will be returning “substantially” more money to shareholders in upcoming quarters after achieving its debt reduction target.The Calgary-based oil and gas company says in second-quarter […]
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Canadian Natural reports earnings of $1.72 billion in second quarter
Canadian Natural Resources Ltd. says earnings were up in the second quarter in part because of higher oil sales and prices.The Calgary-based oil and gas producer says earnings were $1.72 […]
TC Energy reports $963 million profit for Q2
TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year.Earnings worked out to 93 […]
Thomson Reuters reports earnings of US$841 million in Q2
Thomson Reuters says its earnings slipped in the second quarter while revenue rose and it edged up its revenue outlook.The media giant says it had earnings of US$841 million in […]
U.S. crude oil jumps more than 3% after Hamas political leader assassinated in Tehran
Hamas political leader Ismail Haniyeh was assassinated in Tehran. Iran’s paramilitary Revolutionary Guard accused Israel of carrying out the assassination. Iran’s supreme leader Ayatollah Ali Khamenei said it is Iran’s […]
Private payroll growth slowed to 122,000 in July, less than expected, ADP says
Private payrolls increased by just 122,000 in July, the slowest pace since January and below the upwardly revised 155,000 in June and the estimate for 150,000, ADP reported. Wages for […]
Fortis sees earnings of $331 million in Q2, up from a year ago
Fortis Inc. says it earned $331 million in its second quarter as it saw strength in its Arizona business and benefited from new customer rates at Tucson Electric Power.The St. […]
Canadian Pacific reports higher revenues, lower profits as costs rise
Canadian Pacific Kansas City Ltd.CP-T -0.26%decrease is reporting a bump in revenues and shipment volumes in its second quarter, even as profits dropped amid higher costs.The railroad operator says net income fell […]
Mining firm Cameco reports net earnings of $36-million in Q2
Cameco Corp. CCO-T says its second quarter brought net earnings of $36-million, reflecting strength in its uranium business.The Saskatoon-based mining firm says its net earnings attributable to equity holders compared with $14 […]