Focus on Finance
China’s Zeekr to close $367.5 million New York IPO one day early, source says
Chinese EV maker Zeekr Intelligent Technology Holding will close its New York IPO bookbuilding to raise up to $367.5 million on Wednesday
Calgary-based MEG Energy sees earnings rise in first quarter to $98 million
Meg Energy CEO Darlene Gates says the additional pipeline capacity from the start-up of the Trans Mountain expansion is expected to narrow heavy...
Ensign Energy Services reports Q1 loss, revenue down 11% from year ago
CALGARY — Ensign Energy Services Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue...
Gasoline demand growth to slow this year on EV growth in China, U.S.
Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, driven by a shift to electric cars in China and the...
LNG producer Cheniere’s export volumes fuel core profit beat
Top U.S. liquefied natural gas producer Cheniere Energy beat adjusted core profit estimates on Friday, as higher-than-expected export volumes countered lower natural gas...
Pioneer reports lower profit ahead of its takeover by Exxon
Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.
MP Materials report wider-than-expected Q1 loss
Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the...
EOG Resources beats first-quarter profit estimates
Crude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+ countries offset lower demand, helping oil...
