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MEG Energy sees third-quarter earnings, bitumen production rise
MEG Energy Corp is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG transports and sells thermal oil […] This post is only…
Ivanhoe Mines Issues Third Quarter 2023 Financial Results, and Review of Construction and Exploration Activities
FINANCIAL HIGHLIGHTSIvanhoe Mines recorded a profit of $108 million for Q3 2023, which includes a $12 million non-cash gain on the $575 million convertible bond fair valuation, compared with a […] This post is only…
Power producer TransAlta reports third-quarter profit up from year ago
TransAlta Corp. TA-T +4.51%increase reported its third-quarter profit rose compared with a year ago as its power production and revenue also came in higher.TransAlta chief executive John Kousinioris says the third-quarter results demonstrate […] This post is only…
Brookfield Asset Management adds US$26-billion in new capital in third quarter despite fraught markets
Brookfield Asset Management Ltd. BAM-T -1.36%decrease brought in US$26-billion of fresh capital in the third quarter, flexing its fundraising might even as rivals have struggled to attract new money in fraught markets.This latest […] This post is only…
Enbridge records Q3 profit as it awaits approvals for U.S. gas utility acquisitions
https://www.barchart.com/story/news/21696803/enbridge-records-q3-profit-as-it-awaits-approvals-for-us-gas-utility-acquisitions#:~:text=Enbridge%20Inc.%20says,Nov.%203%2C%202023. This post is only available to members. If you are already a member then cleck here to Login log in
QSR: Tim Hortons parent company sees $364 million profit in Q3 despite rising costs
Restaurant Brands International Inc. recorded a US$364 million profit in its most recent quarter as it continued to warn of increases in commodity, labour, and energy costs.The Toronto-based owner of […] This post is only…
Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations.The auto parts manufacturer, which keeps its books in U.S. dollars, says net […] This post is only…
Telus profit plunges 74% in the third quarter as restructuring costs bite
VANCOUVER — The cost savings from recent layoffs at Telus Corp. will have a bigger impact on the company’s financial results in the coming quarters, Telus president and CEO Darren […] This post is only…
Enbridge to purchase seven renewable gas facilities in Texas, Arkansas for US$1.2-billion
Canadian pipeline giant Enbridge Inc. ENB-T +0.43%increase has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2-billion.The acquisition of the facilities from Texas-based Morrow Renewables […] This post is only…