Exploration & Production | Production Rates | Forecast - Production | Capital Markets | Capital Expenditure
Trilogy Tightens Budget, Halts Dividends
Print
|
Trilogy Energy Corp. has announced that it intends to implement a normal course issuer bid through the facilities of the Toronto Stock Exchange pursuant to which Trilogy would be able to purchase up to approximately 6,490,470 of its 105,150,110 common shares outstanding for a one year period at prevailing market prices on the TSX.
The NCIB is subject to the approval of the TSX and if approved would be subject to the rules and restrictions of the TSX relating to normal course issuer bids.
Trilogy believes that, from time to time, the repurchase of its Common Shares for cancellation could represent an appropriate use of its funds to enhance the underlying value of its remaining Common Shares.
Discontinuance of DividendTrilogy's Board of Directors has determined to discontinue the payment…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…