Winnipeg Free Press By: The Canadian Press
Last Modified: 7:17 AM CDT Wednesday, May. 12, 2021 Save to Read Later
CALGARY - Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.
The corporate logo of Crescent Point Energy Corp. is shown. THE CANADIAN PRESS/HO
CALGARY - Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.
The company says the profit amounted to four cents per diluted share for the quarter ended March 31.
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The Saskatchewan Party outdid the NDP in fundraising last year by a factor of two-to-one, and its frugal campaign spending should leave an ample war chest as Premier Scott Moe’s party looks ahead to 2024.
The NDP raised $2,260,381.11 over the course of 2020 from a total of 7,705 donors. The Sask. Party trounced it on both numbers, with $5,055,948.33 coming from 13,209 donors. The gap was slightly less marked than the $2.4 million to $5.7 million advantage the Sask. Party held in the 2016 election year.
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Royal Dutch Shell s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington.
Royal Dutch Shell’s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington.
The refinery is being sold to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas, for $350 million in cash, plus the value of the hydrocarbon inventory. This inventory will be valued at closing based on actual volumes and prevailing market prices, although its current value is said to range from $150 million to $180 million.