Economics/Financial Analysis News in Canada

Surge Energy Announces 2022 4th Quarter & Year End Financial & Operating Results
3/8/2023 - Surge Energy Inc. is pleased to announce its financial and operating results for the quarter and year ended December 31, 2022; its year end 2022 reserves as independently evaluated by Sproule Associat...
Vermilion Energy Announces Results for the Year Ended December 31, 2022
3/8/2023 - Vermilion Energy Inc. is pleased to report operating and condensed financial results for the year ended December 31, 2022.

The audited financial statements, management discussion and analysis...
Shawcor Ltd. Announces Fourth Quarter and Full Year 2022 Results
3/8/2023 - Shawcor Ltd. reported its operational and financial results for the three and twelve months ended December 31, 2022. This press release should be read in conjunction with the Company’s Management Disc...
Paramount Resources Ltd. Announces Record 2022 Annual Results
3/7/2023 - Paramount Resources Ltd. is pleased to report 2022 annual financial and operating results highlighted by record production, adjusted funds flow and free cash flow and substantial reserves additions. <...
Pine Cliff Energy Announces Record Annual Results, Filing of 2022 Disclosure Documents
3/7/2023 - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") announces its year-end financial and operating results, the filing of its 2022 disclosure documents, its 2022 year-end reserves and 2023 guidance...
Hammond Power Reports Fourth Quarter and Year-End 2022 Financial Results
3/7/2023 - Hammond Power Solutions Inc. (“HPS”) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter and yea...
Essential Energy Announces 4th Quarter & Year End Financial Results
3/3/2023 - Essential Energy Services Ltd. announces fourth quarter and year end financial results and its 2023 capital budget.

INDUSTRY OVERVIEW
The price of West Texas Intermediate (“WTI”) av...
Kelt Reports Financial & Operating Results for the Quarter and Year Ended December 31, 2022
3/3/2023 - Kelt Exploration Ltd. ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2022. The Company's financial results are summarized...
Parkland Reports Record 2022 Fourth Quarter and Year-End Results
3/2/2023 - Record fourth quarter and full year Adjusted EBITDA of $455 million and $1.620 billion
Not proceeding with stand-alone renewable diesel complex; committed to co-processing expansion
Annuali...
Perpetual Energy Reports Year End 2022 Financial & Operating Results
3/2/2023 - Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to release its fourth quarter and year-end 2022 financial and operating results and a summary of the Company's year-end 2022 reserves a...
Spartan Delta Announces 2022 Year End Results & Reserves
3/2/2023 - Spartan Delta Corp. ("Spartan" or the "Company") is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2022, as well as highlights of the Company'...
Athabasca Oil Announces 2022 Year-end Results & Reserves
3/2/2023 - Athabasca Oil Corporation is pleased to report its audited 2022 year-end results. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash Flow through its low-decl...
Canadian Natural Resources Limited Announces 2022 Fourth Quarter and Year End Results
3/2/2023 - Canadian Natural's President, Tim McKay, commented on the Company's 2022 results, "In 2022, we demonstrated the strength of our balanced, diverse asset base that when combined with our flexible capita...
Enerflex Ltd. Reports Solid Year-End 2022 Results
3/1/2023 - Enerflex Ltd., a premier integrated global provider of energy infrastructure and energy transition solutions, reported its financial and operational results for the three months and year ended Decembe...
STEP Energy Reports Fourth Quarter and Year End 2022 Results
3/1/2023 - STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2022. The following press release shou...
Freehold Royalties Announces Record Setting Fourth Quarter and Year-End Results
3/1/2023 - Freehold Royalties Ltd. announces fourth quarter and 2022 results for the period ended December 31, 2022.

President’s Message
2022 was a year of records for Freehold, the result of ...
Tourmaline Delivers Record Cash Flow, Free Cash Flow & Earnings in 2022
3/1/2023 - Tourmaline Oil Corp. is pleased to release financial and operating results for the full year and fourth quarter of 2022, as well as 2022 reserves.

HIGHLIGHTS
Full-year 2022 cash flow...
Yangarra Announces 2022 Year End Financial and Operating Results
3/1/2023 - Yangarra Resources Ltd. announces its financial and operating results for the year ended December 31, 2022.

2022 Highlights
Average production of 11,022 boe/d (45% liquids), an inc...
Athabasca Oil Announces 2022 Year-end Results & Reserves
3/1/2023 - Athabasca Oil Corporation) is pleased to report its audited 2022 year-end results. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash Flow through its low-dec...
Altius Renewable Royalties Reports Q4 and Year-End 2022 Financial Results
3/1/2023 - Altius Renewable Royalties Corp. is pleased to report its financial results for the fourth quarter and year ended December 31, 2022 with a conference call to follow March 2, 2023 at 9:00 am EST.
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