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Peyto's September 3 shareholder letter said production on the former Repsol Deep Basin lands rose from about 23,000 to 53,000 boe per day. The company has repaid $347 million of debt since the $636 million deal and still aims to exit 2026 above 150,000 boe per day.
On September 11 Advantage completed the sale of its Wembley area assets for $316 million in gross cash proceeds, ahead of the August 26 timeline. Proceeds went to reduce bank debt. The company said it has resumed significant share repurchases.
In a September 10 update Enbridge said parallel work continues on site remediation and the temporary bypass near Saxon, Wisconsin. Water and air monitoring show no impacts. Line 5 remains shut with a September 12 return-to-service goal.
Keyera revised September 3 its 2026 Marketing margin guidance to $320 million to $350 million, citing Line 5 and AEF. Enbridge's September 10 update kept a September 12 restart target. Keyera's dividend record date is Monday September 15.
In a September 9 update Enbridge said crews made good progress at the Wisconsin NGL release site and remain on track to restore Line 5 service by September 12. Surface water and a nearby residential well showed no impacts. Line 5 has been shut since August 25.
On September 8 Tourmaline filed an early warning report disclosing it disposed of 3.6 million Topaz shares as consideration for two minor BC Montney and Deep Basin acquisitions. Tourmaline now holds 19.9 million Topaz shares, or about 12.87 percent of the outstanding float.
Keyera declared August 5 a quarterly dividend of $0.5625 per share payable September 29 to record holders September 15. Its September 3 marketing guidance cut cited a $30 million Line 5 hit with Enbridge still targeting September 12 restart.
Rubellite closed September 8 an East Edson sale for 2.083 million Topaz shares at a deemed $32.16 price. Tourmaline filed the same day it sold 3.6 million Topaz shares for Montney acquisitions, cutting its stake to 12.87 percent from 15.19 percent.
On September 8 Rubellite sold its 50 percent East Edson interest for $67 million in Topaz Energy shares at a deemed price of $32.1588. Topaz will pay Rubellite the September quarterly dividend of $0.35 per share on the 2.083 million shares received.
In a September 8 incident update Enbridge said surface water and a nearby residential well showed no impacts from the August 25 NGL release. Crews continue 24/7 bypass work. Line 5 remains shut with a September 12 restart goal.
Keyera revised September 3 its 2026 Marketing margin guidance to $320 million to $350 million, citing Line 5 and AEF. With Enbridge still targeting September 12 restart, the $30 million Line 5 estimate remains live past the missed September 8 window.
In a September 7 update Enbridge said 24/7 bypass work continues around the Wisconsin NGL release site. Line 5 remains shut after the August 25 truck strike. The September 6-8 return window closed with no restart. Service is now targeted for September 12.
Tourmaline declared on September 1 a quarterly cash dividend of C$0.50 per share payable September 29 to shareholders of record September 15. The amount matches the base dividend flagged in the July 29 second-quarter release.
Vermilion declared on July 29 a cash dividend of $0.135 per share payable September 29 to holders of record September 15. Q2 production averaged 125,789 boe per day and full-year guidance was raised to 121,000 to 123,000 boe per day.
In a September 6 update Enbridge said crews began work on a temporary bypass around the Wisconsin NGL release site. Line 5 remains shut. Based on bypass construction timing, Enbridge anticipates return to service September 12.
On July 30 AltaGas reported Q2 2026 record LPG exports of 144,420 bbl per day across 23 VLGCs, up 13 percent year over year. REEF is 85 percent complete but marine weather pushed commercial ops past Q1 2027 with capex up 12 percent to about $1.5 billion.
On July 30 TC Energy reported Q2 comparable EBITDA of $2.9 billion and said it expects to land at the upper end of its $11.6 billion to $11.8 billion 2026 EBITDA outlook. It sanctioned $700 million of expansions in the quarter, part of about $3 billion announced in 2026.
Line 5 remains shut after the August 25 Wisconsin NGL release. Enbridge's September 3 update targeted return between September 6 and 8. September 4 media reports said the company now hopes to restore service Tuesday September 8 after missing the prior Saturday target.
In a September 3 update Enbridge said restoration plans target safe return to service between September 6 and 8. Surface water and a nearby residential well showed no impacts from the August 25 NGL release. Line 5 remains shut.
On September 3 ARC said it issued redemption notices for all five series of senior unsecured notes, redeeming September 14. The notes span 2028 through 2033 coupons between 3.349 percent and 4.409 percent. ARC closed into Shell on September 2.
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 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.
S&P Dow Jones said August 27 ARC leaves the S&P/TSX Composite before trading September 2. Each ARX share exchanges for 0.40247 Shell shares and $8.20 cash. Close is on or about September 2. Shell applied September 1 to list 228 million new shares September 3.
ARC said August 25 Investment Canada cleared the Shell arrangement. Close is on or about September 2. The April deal is about $22 billion including net debt. ICA, Competition Act, transportation, and HSR approvals are in. Shareholder and court votes passed in July.
On August 12 Emera said the sale of New Mexico Gas Company to Bernhard Capital Partners closed. The deal was first announced August 5, 2024. New Mexico regulators approved it July 30. After-tax proceeds were pegged at US$650 million to US$700 million against about US$1.25 billion of transaction value.
On August 25 ARC said Ottawa approved the Shell arrangement under the Investment Canada Act. Shareholders and the Alberta court already said yes in July. Close is now on or about September 2, subject to customary conditions. The April 27 deal was about $22 billion including assumed net debt.
On August 12 Birchcliff added four years of Malin service from 2027. Second-quarter volumes were 77,562 boe/d after a Pouce Coupe turnaround. Realized gas after hedges was $3.00 per Mcf, a 70 percent premium to AECO 5A. Current field output is about 87,500 boe/d.
On July 30 Advantage said the 75 MMcf/d Progress plant is on and the Glacier turnaround is done. Second-quarter volumes were 70,611 boe/d. The company exited at about 90,000 boe/d and wants that level through 2027. Net debt sat at $560.2 million.
Peyto's August 11 Q2 release added a 10-year Centrica supply deal from 2029. Gas is handed off at NIT. The price is Dutch TTF minus deductions. Second-quarter volumes were 145,320 boe/d. Realized gas after hedges was $3.42 per Mcf against AECO 7A at $1.43 per GJ.
Paramount's August 6 Q2 note lifted 2026 sales guidance to 51,000 to 53,000 boe/d. Alhambra phase two started in June and filled the gas inlet. Sinclair appraisal wells tested 34 and 25 MMcf/d raw. Those are three-day test rates, not plant sales.
TOU's July 29 release said a long-term AltaGas deal at REEF lifts premium LPG export exposure about 55 percent once Groundbirch-Monias is on. Realized gas in Q2 was C$3.12 per Mcf against AECO 5A at C$1.66. The NCIB renewed August 10.
Spot AECO closed C$1.46 per GJ in mid-August. Station 2 was C$1.19. Kitimat is taking close to 1.6 Bcf a day and the Western Canadian basin is still longer than the new door. Takeaway, not demand, is the Alberta story.
Marcellus and Utica production is now seen rising from 37.2 Bcf per day in 2026 to about 43.3 by 2030. East Daley is tracking more than 110 Northeast data center projects. The headline gas burn is 10.7 Bcf a day. The risked number is 2.2.
EIA has 2026 marketed production at 122.5 Bcf per day, above last year's 118.5 record. First-half output was already 121.3. The Permian is throwing off associated gas. Haynesville added 1.1 Bcf per day and is still economic at a $3.44 Henry Hub.
Analyzing the impact of summer weather forecasts on natural gas demand, this piece discusses how heat waves could influence gas prices and supply dynamics. It explores the broader implications for power generation and energy market stability.
This article examines the current state of the U.S. natural gas market, highlighting healthy storage levels, strong production, and the beginning of supply tightening. It discusses the implications for gas demand, especially in power generation, and summer weather forecasts.
Analyzing the forecasted rise in natural gas prices to $4.20/MMBtu in Q3 2025, this article discusses the expected decline in natural gas-fired power generation and the increase in coal generation, along with the implications for U.S. LNG exports.
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