Articles Tagged "Oil Company News"

Franco-Nevada Reports First Quarter 2015 Results, Increases Quarterly Dividend

Franco-Nevada Corporation (TSX:FNV,NYSE:FNV) announced its financial results for the 2015 first quarter, which showed a net income of $19.2 million or $0.12 per share, an adjusted net income of $22.9 million or $0.15 per share with adjusted EBITDA of $83.3 million or $0.53 per share. The board also announced a quarterly dividend of $0.21 per share, a 0.5 percent increase from the last quarterly dividend.

Surge Expands Crude Oil Discovery at Upper Shaunavon and Announces Sale of SE Saskatchewan and Manitoba Assets

Surge Energy Inc. (TSX:SGY) announced it has continued to expand the Upper Shaunavon crude oil discovery in southwest Saskatchewan through ongoing delineation drilling results. The company also announced it has signed a definitive purchase agreement to sell all of its southeast Saskatchewan and Manitoba assets for $430 million.