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Tourmaline Delivers Record Production, Cash Flow and Free Cash Flow in Q1 2021 Tourmaline Oil Corp. is pleased to release financial and operating results for the first quarter of 2021. HIGHLIGHTS First quarter cash flow was a record $629.3 million . Tourmaline generated record free cash flow of $233.5 million in the first quarter of 2021, which was utilized to fund the dividend increase announced in the March 10, 2021 year-end press release and to reduce net debt by $153.1 million in the …  Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to release financ...

PrairieSky Reports Revenue Gain In 1Q; Shares Plunge 6% Stephanie Bedard-Chateauneuf- April 21, 2021, 11:56 AM EDT SHARE ON: PrairieSky Royalty shares fell more than 6% on Tuesday after the company reported first quarter financial results. The royalty company earns royalty production revenues through the production of oil and natural gas from its properties. PrairieSky’s ( PSK) total revenues came in at C$59.5 million for 1Q 2021, an increase of 13% from 1Q 2020. In addition, funds from operations were C$48.8 million (C$0.2...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Inside the Market’s roundup of some of today’s key analyst actions Seeing the benefits of “lumber’s unrelenting climb,” CanWel Building Materials Group Ltd.’s (CWX-T) preliminary first-quarter financial results were “remarkably strong,” according to Canccord Genuity analyst Yuri Lynk. After hiking his projection...

Deep Basin Fund Returns Capital Citing ‘Dangerous’ Market Bloomberg 3/5/2021 Michael Tobin and Katherine Burton © Bloomberg The Paul B. Loyd Jr drilling rig, operated by Transocean Inc., stands illuminated at night in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020. (Bloomberg) -- Energy hedge fund Deep Basin Capital LP is returning capital to investors after retail traders drove market volatility to extreme levels, hitting some of the fund’s positions, according a letter to investors reviewed by Bloomberg News. “I do not believe that risk ...

Deep Basin Fund Returns Capital Citing ‘Dangerous’ Market Bloomberg 3/5/2021 Michael Tobin and Katherine Burton © Bloomberg The Paul B. Loyd Jr drilling rig, operated by Transocean Inc., stands illuminated at night in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020. (Bloomberg) -- Energy hedge fund Deep Basin Capital LP is returning capital to investors after retail traders drove market volatility to extreme levels, hitting some of the fund’s positions, according a letter to investors reviewed by Bloomberg News. “I do not believe that risk ...