The hot weather this summer has helped slow North American natural gas storage injections and provided some much-needed incremental support for summer AECO gas prices. We continue to prudently manage our operations and balance sheet with the view of what we expect will be a positive inflection point for natural gas fundamentals starting this winter.
Read Full MessageFrom a financial standpoint, our second quarter was straight forward, and highlights included:
Second Quarter 2024 Summary1
· production averaged 23,688 Boe/d2 and 23,776 Boe/d3 for the three and six months ended June 30, 2024, 17%and 19% higher than the comparable periods in 2024;
· generated $10.8 million ($0.03 per basic and fully diluted share) and $21.3 million ($0.06 per basic and fully diluted share) of adjusted funds flow for the three and six months ended June 30, 2024, compared to $12.0 million ($0.03 per basic and fully diluted share) and $31.9 million ($0.09 per basic and fully diluted share) for the comparable periods in 2023; and
· paid dividends of $5.4 million ($0.02 per basic and fully diluted share) and $14.9 million ($0.04 per basic and fully diluted share) during the three and six months ended June 30, 2024, compared to $11.5 million ($0.03 per basic and fully diluted share) and $22.9 million ($0.06 per basic and fully diluted share) during the comparable periods in 2023.
Declaration Date: January 2, 2024
Record Date: January 15, 2024
Payment Date: January 31, 2024
Amount (C$ per common share): $0.01083
Designated: Eligible1
Declaration Date: February 1, 2024
Record Date: February 15, 2024
Payment Date: February 29, 2024
Amount (C$ per common share): $0.01083
Designated: Eligible1
Declaration Date: March 4, 2024
Record Date: March 15, 2024
Payment Date: March 28, 2024
Amount (C$ per common share): $0.005
Designated: Eligible1
Declaration Date: April 1, 2024
Record Date: April 15, 2024
Payment Date: April 30, 2024
Amount (C$ per common share): $0.005
Designated: Eligible1
Declaration Date: May 1, 2024
Record Date: May 15, 2024
Payment Date: May 31, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
Declaration Date: June 3, 2024
Record Date: June 14, 2024
Payment Date: June 28, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
Declaration Date: July 3, 2024
Record Date: July 15, 2024
Payment Date: July 31, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
Declaration Date: August 2, 2024
Record Date: August 15, 2024
Payment Date: August 30, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
Declaration Date: September 4, 2024
Record Date: September 16, 2024
Payment Date: September 27, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
Declaration Date: October 2, 2024
Record Date: October 15, 2024
Payment Date: October 31, 2024
Amount (C$ per common share): $0.005
Designated: Non-Eligible1
1 Please consult a tax advisor with any questions regarding the dividend designation between eligible and non-eligible dividends.
Declaration Date: January 5, 2023
Record Date: January 16, 2023
Payment Date: January 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: February 1, 2023
Record Date: February 15, 2023
Payment Date: February 28, 2023
Amount (C$ per common share): $0.01083
Declaration Date: March 2, 2023
Record Date: March 15, 2023
Payment Date: March 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: April 3, 2023
Record Date: April 14, 2023
Payment Date: April 28, 2023
Amount (C$ per common share): $0.01083
Declaration Date: May 2, 2023
Record Date: May 15, 2023
Payment Date: May 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: June 1, 2023
Record Date: June 15, 2023
Payment Date: June 30, 2023
Amount (C$ per common share): $0.01083
Declaration Date: July 5, 2023
Record Date: July 14, 2023
Payment Date: July 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: August 1, 2023
Record Date: August 15, 2023
Payment Date: August 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: September 5, 2023
Record Date: September 15, 2023
Payment Date: September 29, 2023
Amount (C$ per common share): $0.01083
Declaration Date: October 2, 2023
Record Date: October 16, 2023
Payment Date: October 31, 2023
Amount (C$ per common share): $0.01083
Declaration Date: October 31, 2023
Record Date: November 15, 2023
Payment Date: November 30, 2023
Amount (C$ per common share): $0.01083
Declaration Date: December 1, 2023
Record Date: December 15, 2023
Payment Date: December 29, 2023
Amount (C$ per common share): $0.01083
Declaration Date: May 4, 2022
Record Date: June 15, 2022
Payment Date: June 30, 2022
Amount (C$ per common share): $0.0083
Declaration Date: July 4, 2022
Record Date: July 15, 2022
Payment Date: July 29, 2022
Amount (C$ per common share): $0.0083
Declaration Date: August 3, 2022
Record Date: August 15, 2022
Payment Date: August 31, 2022
Amount (C$ per common share): $0.01
Declaration Date: September 6, 2022
Record Date: September 15, 2022
Payment Date: September 30, 2022
Amount (C$ per common share): $0.01
Declaration Date: October 4, 2022
Record Date: October 14, 2022
Payment Date: October 31, 2022
Amount (C$ per common share): $0.01
Declaration Date: November 2, 2022
Record Date: November 15, 2022
Payment Date: November 30, 2022
Amount (C$ per common share): $0.01
Declaration Date: December 1, 2022
Record Date: December 15, 2022
Payment Date: December 30, 2022
Amount (C$ per common share): $0.01083
November 13, 2024: Q3/24 Earnings (After Market)
November 14, 2024: Q3 Results Webcast (9:00am MT / 11:00am ET)
Nov 1, 2022 - Dec 31, 2022
Nov 1, 2022 - Mar 31, 2023
Nov 1, 2022 - Oct 31, 2023
Apr 1, 2023 - Oct 31, 2023
Nov 1, 2022 - Mar 31, 2023
Nov 1, 2022 - Mar 31, 2023
Apr 1, 2023 - Oct 31, 2023
Nov 1, 2022 - Dec 31, 2022
Jan 1, 2023 - Mar 31, 2023
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