Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20 to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday. The changes ensure each index is more representative of its market capitalization range. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.

Palo Alto Networks Inc. (NASD:PANW) will replace DISH Network Corp. (NASD:DISH) in the S&P 500, and DISH Network will replace Cutera Inc. (NASD:CUTR) in the S&P SmallCap 600.
Doximity Inc. (NYSE:DOCS), Berry Global Group Inc. (NYSE:BERY), BWX Technologies Inc.DISH (NYSE:BWXT), Planet Fitness Inc. (NYSE:PLNT), Crown Holdings Inc. (NYSE:CCK), Dropbox Inc. (NASD:DBX), Graphic Packaging Holding Co. (NYSE:GPK), Ovintiv Inc. (NYSE:OVV), ZoomInfo Technologies Inc. (NASD:ZI) and WESCO Intl Inc. (NYSE:WCC) will replace Dana Inc. (NYSE:DAN), John Wiley & Sons Inc. (NYSE:WLY), Sunpower Corp. (NASD:SPWR), Ingevity Corp. (NYSE:NGVT), Fulton Financial Corp. (PA) (NASD:FULT), Douglas Emmett (NYSE:DEI), Victoria's Secret & Co. (NYSE:VSCO), Macerich Co. (NYSE:MAC), SiTime Corp. (NASD:SITM), and Navient Corp. (NASD:NAVI) respectively in the S&P MidCap 400. All constituents being removed from the S&P MidCap 400 will be added to the S&P SmallCap 600 replacing PetMed Express Inc. (NASD:PETS), Comtech Telecommunications Corp. (NASD:CMTL), Eagle Pharmaceuticals Inc. (NASD:EGRX), Children's Place Inc. (NASD:PLCE), Rayonier Advanced Materials Inc (NYSE:RYAM), LivePerson Inc. (NASD:LPSN), Gannett Co Inc. (NYSE:GCI), DMC Global Inc. (NASD:BOOM), Genesco Inc. (NYSE:GCO), and Zumiez (NASD:ZUMZ) respectively.
Artisan Partners Asset Management Inc. (NYSE:APAM), California Resources Corp. (NYSE:CRC), CarGurus Inc. (NASD:CARG), Moelis & Co. (NYSE:MC), Phillips Edison & Company Inc. (NASD:PECO), Schrodinger Inc. (NASD:SDGR), and UFP Technologies Inc. (NASD:UFPT) will replace LendingTree Inc. (NASD:TREE), Tredegar Corp. (NYSE:TG), Inogen Inc. (NASD:INGN), Douglas Elliman Inc. (NYSE:DOUG), FARO Technologies Inc. (NASD:FARO), Cara Therapeutics Inc. (NASD:CARA) and Big Lots Inc. (NYSE:BIG) in the S&P SmallCap 600.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
June 19, 2023	S&P 500	Addition	Palo Alto Networks	PANW	Information Technology
	S&P 500	Deletion	DISH Network	DISH	Communication Services
June 19, 2023	S&P MidCap 400	Addition	Berry Global Group	BERY	Materials
	S&P MidCap 400	Addition	BWX Technologies	BWXT	Industrials
	S&P MidCap 400	Addition	Crown Holdings	CCK	Materials
	S&P MidCap 400	Addition	Doximity	DOCS	Health Care
	S&P MidCap 400	Addition	Dropbox	DBX	Information Technology
	S&P MidCap 400	Addition	Graphic Packaging Holding	GPK	Materials
	S&P MidCap 400	Addition	Ovintiv	OVV	Energy
	S&P MidCap 400	Addition	Planet Fitness	PLNT	Consumer Discretionary
	S&P MidCap 400	Addition	WESCO Intl	WCC	Industrials
	S&P MidCap 400	Addition	ZoomInfo Technologies	ZI	Communication Services
	S&P MidCap 400	Deletion	Dana	DAN	Consumer Discretionary
	S&P MidCap 400	Deletion	Douglas Emmett	DEI	Real Estate
	S&P MidCap 400	Deletion	Fulton Financial (PA)	FULT	Financials
	S&P MidCap 400	Deletion	Ingevity	NGVT	Materials
	S&P MidCap 400	Deletion	John Wiley & Sons	WLY	Communication Services
	S&P MidCap 400	Deletion	Macerich	MAC	Real Estate
	S&P MidCap 400	Deletion	Navient	NAVI	Financials
	S&P MidCap 400	Deletion	SiTime	SITM	Information Technology
	S&P MidCap 400	Deletion	Sunpower	SPWR	Industrials
	S&P MidCap 400	Deletion	Victoria's Secret & Co	VSCO	Consumer Discretionary
June 19, 2023	S&P SmallCap 600	Addition	Artisan Partners Asset Mgt	APAM	Financials
	S&P SmallCap 600	Addition	California Resources	CRC	Energy
	S&P SmallCap 600	Addition	CarGurus	CARG	Communication Services
	S&P SmallCap 600	Addition	Dana	DAN	Consumer Discretionary
	S&P SmallCap 600	Addition	DISH Network	DISH	Communication Services
	S&P SmallCap 600	Addition	Douglas Emmett	DEI	Real Estate
	S&P SmallCap 600	Addition	Fulton Financial (PA)	FULT	Financials
	S&P SmallCap 600	Addition	Ingevity	NGVT	Materials
	S&P SmallCap 600	Addition	John Wiley & Sons	WLY	Communication Services
	S&P SmallCap 600	Addition	Macerich	MAC	Real Estate
	S&P SmallCap 600	Addition	Moelis & Co	MC	Financials
	S&P SmallCap 600	Addition	Navient	NAVI	Financials
	S&P SmallCap 600	Addition	Phillips Edison & Co	PECO	Real Estate
	S&P SmallCap 600	Addition	Schrodinger	SDGR	Health Care
	S&P SmallCap 600	Addition	SiTime Corp	SITM	Information Technology
	S&P SmallCap 600	Addition	Sunpower Corp	SPWR	Industrials
	S&P SmallCap 600	Addition	UFP Technologies	UFPT	Health Care
	S&P SmallCap 600	Addition	Victoria's Secret & Co	VSCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Big Lots	BIG	Consumer Discretionary
	S&P SmallCap 600	Deletion	Cara Therapeutics	CARA	Health Care
	S&P SmallCap 600	Deletion	Children's Place	PLCE	Consumer Discretionary
	S&P SmallCap 600	Deletion	Comtech Telecommunications	CMTL	Information Technology
	S&P SmallCap 600	Deletion	Cutera	CUTR	Health Care
	S&P SmallCap 600	Deletion	DMC Global	BOOM	Energy
	S&P SmallCap 600	Deletion	Douglas Elliman	DOUG	Real Estate
	S&P SmallCap 600	Deletion	Eagle Pharmaceuticals	EGRX	Health Care
	S&P SmallCap 600	Deletion	FARO Technologies	FARO	Information Technology
	S&P SmallCap 600	Deletion	Gannett Co	GCI	Communication Services
	S&P SmallCap 600	Deletion	Genesco	GCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Inogen	INGN	Health Care
	S&P SmallCap 600	Deletion	LendingTree	TREE	Financials
	S&P SmallCap 600	Deletion	LivePerson	LPSN	Information Technology
	S&P SmallCap 600	Deletion	PetMed Express	PETS	Consumer Discretionary
	S&P SmallCap 600	Deletion	Rayonier Advanced Materials	RYAM	Materials
	S&P SmallCap 600	Deletion	Tredegar	TG	Materials
	S&P SmallCap 600	Deletion	Zumiez	ZUMZ	Consumer Discretionary

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com .

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content: https://www.prnewswire.com/news-releases/palo-alto-networks-set-to-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-301841701.html

SOURCE S&P Dow Jones Indices

News Provided by PR Newswire via QuoteMedia

Ovintiv OVV NYSE:OVV Oil and Gas Investing

OVV

Ovintiv Prices Offering of Senior Notes

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has priced an offering (the "Notes Offering") of $600,000,000 in aggregate principal amount of 5.650% senior notes due 2025 (the "2025 Notes"), $700,000,000 in aggregate principal amount of 5.650% senior notes due 2028 (the "2028 Notes"), $600,000,000 in aggregate principal amount of 6.250% senior notes due 2033 (the "2033 Notes") and $400,000,000 in aggregate principal amount of 7.100% senior notes due 2053 (the "2053 Notes", and together with the 2025 Notes, the 2028 Notes and the 2033 Notes, the "Notes"). The price to the public for the Notes is 99.994% of the principal amount for the 2025 Notes, 99.973% of the principal amount for the 2028 Notes, 99.793% of the principal amount for the 2033 Notes and 99.796% of the principal amount for the 2053 Notes.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Ovintiv Announces Release of 2022 Sustainability Report

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today released its 2022 Sustainability Report, highlighting its progress and performance on several key sustainability initiatives related to emissions reductions, social responsibility and corporate governance.

"Ovintiv continues to drive real and measurable environment, social and governance progress," said Ovintiv President and CEO Brendan McCracken . "We strive to be a leader in disclosure, having published a sustainability report and key performance metrics data since 2005. Our results demonstrate our commitment to continuous improvement and the power of harnessing technology and our culture of innovation to drive strong performance outcomes. We are whole-heartedly proud to produce the safe, affordable, secure, and reliable energy the world needs, both profitably and sustainably."

Key highlights of Ovintiv's 2022 sustainability achievements:

Achieved a greater than 30% reduction in Scope 1 & 2 greenhouse gas emissions intensity since 2019; progressing toward a targeted 50% reduction by 2030
Continued full alignment with the World Bank Zero Routine Flaring Initiative
Implemented industry-leading family leave policy
Progressed Board renewal efforts with the addition of one new Board member
Introduced a second safety metric to the Company's compensation program
Committed to disclose extensive gender equality information, leading to the Company's inaugural inclusion in the Bloomberg Gender Equality Index

Ovintiv recently announced an acquisition that will see the Company roughly double both its oil production and its premium inventory in the Permian Basin. The transaction is expected to be accretive across a number of key financial metrics and inventory life while maintaining the Company's investment grade balance sheet. While Ovintiv anticipates a brief period of integration of the new assets, the Company remains committed to its Scope 1 & 2 emissions reduction target.

Ovintiv's sustainability report can be found on the Company's website at https://sustainability.ovintiv.com/

ADVISORY REGARDING FORWARD-LOOKING STATEMENTS – This news release contains certain forward-looking statements or information (collectively, FLS) within the meaning of applicable securities legislation, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements that relate to the anticipated future activities or expectations of the Company are FLS. FLS in this news release include, but are not limited to: expectations of plans, strategies and objectives of the Company, including planned ESG initiatives; the anticipated success of, and benefits from, technology and innovation; the ability of the Company to meet and maintain certain targets, including with respect to emissions-related and ESG performance. FLS involve certain assumptions and are subject to both known and unknown risks and uncertainties, many of which are beyond our control. These assumptions include: the assumptions contained herein; data contained in key modeling statistics; and expectations and projections made in light of the Company's historical experience. Risks and uncertainties include: our ability to generate sufficient cash flow to meet obligations; commodity price volatility; uncertainties, costs, and risks involved in our operations, including hazards and risks incidental to the drilling, completion, production and transportation of oil, natural gas and natural gas liquids; ability to secure adequate transportation and storage for oil, natural gas and natural gas liquids; potential curtailments of gathering, transportation or refining operations, including resulting storage constraints or widening price differentials; business interruption, property and casualty losses or unexpected technical difficulties; counterparty and credit risk; impact of changes in credit rating and access to liquidity, including costs thereof; risks in marketing operations; risks associated with technology; risks associated with lawsuits, governmental regulations and regulatory actions, including disputes with partners and our ability to timely obtain environmental or other necessary permits; our ability to acquire or find additional reserves; imprecision of reserves estimates and estimates of recoverable quantities; and other risks and uncertainties as described in the Company's Annual Report on Form 10- K, Quarterly Report on Form 10-Q and as described from time to time in its other periodic filings as filed on EDGAR and SEDAR. The above assumptions, risks and uncertainties are not exhaustive. Actual future results may vary materially and adversely from those expressed or implied in our FLS and such statements may not occur. Although the Company believes such FLS are reasonable, FLS should be understood to be only predictions and statements of our current beliefs; they are not guarantees of performance. FLS are made as of the date hereof and, except as required by law, the Company undertakes no obligation to update or revise any FLS.

Further information on Ovintiv Inc. is available at www.ovintiv.com , or by contacting:

Investor contact: (888) 525-0304
investor.relations@ovintiv.com

Media contact: (403) 645-2252

View original content to download multimedia: https://www.prnewswire.com/news-releases/ovintiv-announces-release-of-2022-sustainability-report-301822206.html

SOURCE Ovintiv Inc.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/May2023/11/c9376.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Ovintiv Announces Results of Annual Meeting

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2023 (the "Proxy Statement"), were voted upon at its 2023 Annual Meeting of Shareholders held on May 3, 2023 .

Election of Director Nominees Listed in the Proxy Statement

Each director nominee listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows:

	Shares For	Shares Against	Abstain	Broker Non-vote
Peter A. Dea	168,404,785	5,047,161	130,316	19,755,443
Meg A. Gentle	169,689,545	3,737,410	155,307	19,755,443
Ralph Izzo	171,659,752	1,696,254	226,256	19,755,443
Howard J. Mayson	170,339,842	3,107,225	135,195	19,755,443
Brendan M. McCracken	172,605,556	825,099	151,607	19,755,443
Lee A. McIntire	166,563,086	6,842,816	176,360	19,755,443
Katherine L. Minyard	171,973,771	1,444,588	163,903	19,755,443
Steven W. Nance	172,011,222	1,397,006	174,034	19,755,443
Suzanne P. Nimocks	157,900,679	15,424,515	257,068	19,755,443
George L. Pita	172,022,482	1,389,605	170,175	19,755,443
Thomas G. Ricks	165,904,949	7,505,652	171,661	19,755,443
Brian G. Shaw	170,658,576	2,792,006	131,680	19,755,443

Advisory Vote to Approve Compensation of Named Executive Officers

The results of the non-binding advisory vote for the compensation of the Company's named executive officers were as follows:

Shares For	Shares Against	Abstain	Broker Non- vote
167,308,173	5,820,963	453,126	19,755,443

Advisory Vote on Frequency of Future Advisory Votes to Approve Compensation of Named Executive Officers

The results of the non-binding advisory vote on the frequency of future advisory votes to approve the compensation of named executive officers, were as follows:

One-Year	Two-Years	Three-Years	Abstain	Broker Non-vote
170,568,567	127,026	2,498,008	388,661	19,755,443

Ratification of PricewaterhouseCoopers LLP as Independent Auditors

The results for the ratification of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company's independent auditors were as follows:

Shares For	Shares Against	Abstain	Broker Non-vote
186,757,581	6,435,087	145,037	0

Further information on Ovintiv Inc. is available on the Company's website, www.ovintiv.com , or by contacting:

View original content to download multimedia: https://www.prnewswire.com/news-releases/ovintiv-announces-results-of-annual-meeting-301818635.html

SOURCE Ovintiv Inc.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/May2023/08/c3605.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Coelacanth Announces Q3 2024 Financial and Operating Results

Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. All dollar figures are Canadian dollars unless otherwise noted.

FINANCIAL RESULTS	Three Months Ended						Nine Months Ended
	September 30						September 30
($000s, except per share amounts)	2024		2023		% Change		2024		2023		% Change

Oil and natural gas sales	2,362		679		248		9,192		2,459		274

Cash flow used in operating activities	(3,730	)	(2,553	)	46		(954	)	(3,830	)	(75	)
Per share - basic and diluted ⁽¹⁾	(0.01	)	(0.01	)	-		(-)		(0.01	)	(100	)

Adjusted funds flow (used) ⁽¹⁾	(207	)	(773	)	(73	)	1,133		(2,083	)	(154	)
Per share - basic and diluted	(-)		(-)		-		-		(-)		-

Net loss	(2,464	)	(1,869	)	32		(5,994	)	(5,823	)	3
Per share - basic and diluted	(-)		(-)		-		(0.01	)	(0.01	)	-

Capital expenditures ⁽¹⁾	15,760		31,176		(49	)	19,545		39,957		(51	)

Adjusted working capital ⁽¹⁾							47,264		23,516		101

Common shares outstanding (000s)
Weighted average - basic and diluted	530,212		426,476		24		529,605		425,685		24

End of period - basic							530,267		426,670		24
End of period - fully diluted							617,214		469,781		31

(1) See "Non-GAAP and Other Financial Measures" section.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

BPH Energy Limited Investee Cortical Dynamics Presentation

Perth, Australia (ABN Newswire) - BPH Energy Limited (ASX:BPH) provide a presentation by investee Cortical Dynamics at the Health Innovation Frontier Forum on 18th November 2024. This event will showcase the intersection between technology, health and community.

*To view the presentation, please visit:
https://abnnewswire.net/lnk/91TD2JM9

About BPH Energy Limited:

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).

Source:
BPH Energy Limited

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less

Alvopetro Energy President and CEO Corey Ruttan.

Exclusive Interview with Alvopetro Energy CEO Corey Ruttan

In a recent interview with Alvopetro Energy (TSXV:ALV,OTCQX:ALVOF) President and CEO Corey Ruttan, he expressed confidence that his company is set to become a key player in Brazil’s open gas market.

Alvopetro's natural gas sales increased to 187 percent in October of this year, according to the company. With higher overall sales volumes, revenue rose to $12.9 million, an increase of $0.6 million from Q3 2023 and $2.2 million from Q2 2024.

Keep reading...Show less

Alvopetro Announces Annual Long-term Incentive Grants

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro" or the "Company") announces the annual rolling grants of long-term incentive compensation to officers, directors and employees under Alvopetro's Omnibus Incentive Plan. A total of 251,000 stock options, 213,000 restricted share units ("RSUs") and 68,000 deferred share units ("DSUs") were granted on November 15, 2024 . Of the total grants, 163,000 RSUs and 68,000 DSUs were granted to directors and officers, with no stock options granted to any director or officer. Each stock option, RSU and DSU entitles the holder to purchase one common share. Each stock option granted has an exercise price of C$4.89 being the volume weighted average trading price of Alvopetro's shares on the TSX Venture Exchange for the five (5) consecutive trading days up to and including November 15, 2024 . All stock options, RSUs and DSUs granted expire on November 15, 2029 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Jupiter Energy's Innovative Gas Utilisation Solution in Kazakhstan: A Model for Gas Flaring Compliance

With Kazakhstan’s continued focus on tight environmental regulations in the oil and gas sector, smaller and mid-tier players are often faced with needing to address the high price tag that comes with compliance, before being able to enter into full commercial production. One junior oil and gas company in the region, however, has demonstrated that multi stakeholder collaboration can provide the key to achieving not only compliance, but significant economic and social benefits.

Jupiter Energy (ASX:JPR), an ASX-listed junior oil exploration and production company, with fully licensed oil fields in the prolific Mangistau Basin of Kazakhstan, has successfully built the connections — literally and figuratively — that has paved the way for achieving successful commercial oil production, meeting all the tight Kazakh regulatory standards and also building relationships and infrastructure that will benefit a range of local communities in the Mangistau Oblast.

Investors evaluating Kazakhstan’s oil and gas opportunities would benefit from a deeper understanding of the country’s regulations as well as private sector success stories that demonstrate compelling investment cases.

Keep reading...Show less

	2Q 2023		Full Year 2023
Guidance Updates	Previous	Updated	Previous	Updated
Total Production (MBOE/d)	515 – 535	520 – 540	520 – 545	521 – 546
Oil & Condensate (Mbbls/d)	170 – 174	175 – 179	185 – 195	186 – 196
Capital Investment ($ Millions)	$590 – $630	$670 – $710	$2,600 – $2,900	$2,680 – $2,980

OPERATING RESULTS ⁽¹⁾	Three Months Ended						Nine Months Ended
	September 30						September 30
	2024		2023		% Change		2024		2023		% Change

Daily production ⁽²⁾
Oil and condensate (bbls/d)	221		39		467		268		46		483
Other NGLs (bbls/d)	33		7		371		36		12		200
Oil and NGLs (bbls/d)	254		46		452		304		58		424
Natural gas (mcf/d)	3,450		929		271		3,702		1,208		206
Oil equivalent (boe/d)	829		201		313		921		259		256

Oil and natural gas sales
Oil and condensate ($/bbl)	89.68		99.00		(9	)	90.88		93.73		(3	)
Other NGLs ($/bbl)	31.39		28.07		12		33.20		33.97		(2	)
Oil and NGLs ($/bbl)	82.10		88.43		(7	)	84.00		81.69		3
Natural gas ($/mcf)	1.41		3.60		(61	)	2.16		3.58		(40	)
Oil equivalent ($/boe)	30.99		36.85		(16	)	36.41		34.83		5

Royalties
Oil and NGLs ($/bbl)	15.52		20.08		(23	)	19.73		22.51		(12	)
Natural gas ($/mcf)	0.06		0.79		(92	)	0.23		0.82		(72	)
Oil equivalent ($/boe)	5.02		8.26		(39	)	7.44		8.82		(16	)

Operating expenses
Oil and NGLs ($/bbl)	10.07		18.92		(47	)	10.10		17.68		(43	)
Natural gas ($/mcf)	1.68		3.17		(47	)	1.68		2.95		(43	)
Oil equivalent ($/boe)	10.07		18.98		(47	)	10.10		17.68		(43	)

Net transportation expenses ⁽³⁾
Oil and NGLs ($/bbl)	2.36		2.40		(2	)	2.30		1.86		24
Natural gas ($/mcf)	0.76		1.40		(46	)	0.72		1.36		(47	)
Oil equivalent ($/boe)	3.91		7.05		(45	)	3.65		6.76		(46	)

Operating netback (loss) ⁽³⁾
Oil and NGLs ($/bbl)	54.15		47.03		15		51.87		39.64		31
Natural gas ($/mcf)	(1.09	)	(1.76	)	(38	)	(0.47	)	(1.55	)	(70	)
Oil equivalent ($/boe)	11.99		2.56		368		15.22		1.57		869

Depletion and depreciation ($/boe)	(14.89	)	(21.33	)	(30	)	(14.71	)	(18.24	)	(19	)
General and administrative expenses ($/boe)	(12.51	)	(47.09	)	(73	)	(13.90	)	(46.70	)	(70	)
Share based compensation ($/boe)	(13.81	)	(34.70	)	(60	)	(12.72	)	(32.12	)	(60	)
Finance expense ($/boe)	(2.71	)	(9.61	)	(72	)	(1.72	)	(5.27	)	(67	)
Finance income ($/boe)	9.54		37.32		(74	)	10.03		29.26		(66	)
Unutilized transportation ($/boe)	(9.94	)	(28.44	)	(65	)	(5.96	)	(10.95	)	(46	)
Net loss ($/boe)	(32.33	)	(101.29	)	(68	)	(23.76	)	(82.45	)	(71	)

(1) See "Oil and Gas Terms" section.
(2) See "Product Types" section.
(3) See "Non-GAAP and Other Financial Measures" section.

Selected financial and operational information outlined in this news release should be read in conjunction with Coelacanth's unaudited condensed interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2024, which are available for review under the Company's profile on SEDAR+ at www.sedarplus.com.

Liquids
Bbls	Barrels
Bbls/d	Barrels per day
NGLs	Natural gas liquids (includes condensate, pentane, butane, propane, and ethane)
Condensate	Pentane and heavier hydrocarbons

Natural Gas
Mcf	Thousands of cubic feet
Mcf/d	Thousands of cubic feet per day
MMcf/d	Millions of cubic feet per day
MMbtu	Million of British thermal units
MMbtu/d	Million of British thermal units per day

Oil Equivalent
Boe	Barrels of oil equivalent
Boe/d	Barrels of oil equivalent per day

	Three Months Ended				Nine Months Ended
	September 30				September 30
($000s)	2024		2023		2024		2023
Transportation expenses	1,055		654		2,426		1,250
Unutilized transportation	(757	)	(525	)	(1,504	)	(773	)
Net transportation expenses (non-GAAP)	298		129		922		477

	Three Months Ended				Nine Months Ended
	September 30				September 30
($000s)	2024		2023		2024		2023
Oil and natural gas sales	2,362		679		9,192		2,459
Royalties	(383	)	(152	)	(1,878	)	(623	)
Operating expenses	(767	)	(350	)	(2,549	)	(1,249	)
Net transportation expenses	(298	)	(129	)	(922	)	(477	)
Operating netback (non-GAAP)	914		48		3,843		110

($000s)	September 30, 2024		December 31, 2023
Current assets	49,905		87,616
Less:
Current liabilities	(14,235	)	(28,754	)
Working capital	35,670		58,862
Add:
Restricted cash deposits	10,001		6,784
Current portion of decommissioning obligations	1,593		1,943
Adjusted working capital (Capital management measure)	47,264		67,589

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Gas flaring in Kazakhstan

Jupiter Energy’s project in Kazakhstan

Jupiter Energy’s solution

Key takeaway

Latest News

Latest Press Releases

Related News

TOP STOCKS