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September 3, 2026
ARC said September 2 Shell completed the arrangement at about CAD 22 billion including net debt. Each share gets 0.40247 Shell shares and $8.20 cash. Shell cited about 370 kboe per day. TSX delisting is two trading days after close. Shell share delivery may take several days.
On September 1 Teck said completion of the Anglo American merger will be eleven trading days after remaining conditions are met, effective about 10 p.m. Vancouver time that day. Anglo's about US$4.5 billion special dividend will now pay within 45 days of the effective date, not 30.
On September 1 Tourmaline declared a quarterly cash dividend of C$0.50 per share, payable September 29 to holders of record September 15. The amount matches the base dividend flagged in the July 29 second-quarter release.
On July 28 Precision reported Q2 2026 revenue of $453 million, up 11 percent, and adjusted EBITDA of $97 million, down 10 percent. The company cut debt by $50 million and bought back $12 million of stock. It disclosed a Canada Revenue Agency reassessment on 2018 intercompany dividends.
On July 28 Trican reported Q2 2026 revenue of $214.6 million, roughly flat year over year, and adjusted EBITDA of $22.6 million versus $44.9 million in Q2 2025. A wetter break-up and pricing pressure hurt margins. The board declared a $0.055 dividend payable September 30 to record holders September 15.
On July 29 Cenovus lifted full-year 2026 upstream guidance to 970,000 to 1,010,000 boe per day, up 25,000 boe per day. Oil sands unit operating costs were cut to $10.75 to $11.75 per boe. Capital stayed $5.0 billion to $5.3 billion. July production was on track to pass one million boe per day for the month.
September 11, 2026
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