Pembina Pipeline Corporation reported second-quarter 2025 earnings per share of 47 cents, in line with the Zacks Consensus Estimate, but revenues of $1.3 billion missed the estimate of $1.6 billion. The company's adjusted EBITDA was C$1 billion, down from C$1.1 billion in the prior-year quarter. Key factors affecting performance included asset retirement at the Redwater Complex, lower profits from PGI, and reduced tolls on major pipelines. The company declared a quarterly dividend of 71 Canadian cents per share, payable on Sept. 29, 2025. Capital expenditures were C$197 million, down from C$265 million the previous year. Pembina expects 2025 adjusted EBITDA between C$4.2 billion and C$4.4 billion and has revised its capital investment program to $1.3 billion. The article also includes earnings reports from Coterra Energy, Imperial Oil, and TC Energy, highlighting performance variations across the oil and gas sector.

U.S. Energy Corporation released its financial and operational results for the second quarter of 2025, reporting a net loss of $6.1 million and total revenue of $2.0 million, down from $6.1 million in the same quarter of 2024. The company highlighted progress in drilling three high-deliverability industrial gas wells in the Duperow Formation, achieving a combined peak production rate of 12.2 MMcf/d. It also advanced planning for an initial processing facility, with construction expected to begin in the coming months and first revenues anticipated in the first half of 2026. U.S. Energy acquired a Class II permitted injection well to support CO₂ sequestration and enhanced oil recovery, and released a third-party resource report confirming 1.28 BCF of net helium and 443.8 BCF of net CO₂ resources at its Kevin Dome asset. The company remains debt-free with $26.7 million in available liquidity and continues its transformation into an integrated industrial gas company.

Suncor Energy Inc. reported second-quarter 2025 adjusted operating earnings of 51 cents per share, slightly beating the Zacks Consensus Estimate of 50 cents, driven by strong upstream production growth. However, the bottom line declined year-over-year to 51 cents from 93 cents due to lower downstream segment earnings. Operating revenues of $8.6 billion exceeded estimates by 11.3%, but the top line decreased 9.8% year-over-year. The company declared a quarterly dividend of 57 Canadian cents per share, with $1.45 billion distributed in total, including $750 million in share repurchases and $700 million in dividends. Upstream production reached a record 808,100 barrels per day, with oil sands bitumen production up to 860,800 bbls/d. Refining throughput was 442,000 bbls/d at 95% utilization, and refined product sales increased to 600,500 bbls/d. Downstream adjusted operating earnings fell to $404 million from $588 million due to inventory valuation losses and a one-time emissions compliance charge. The company generated $2.7 billion in adjusted funds from operations and $1 billion in free cash flow. Suncor reduced its full-year 2025 capital spend guidance from C$6.1–6.3 billion to C$5.7–5.9 billion and provided updated production and cost expectations for 2025. The article also includes earnings updates from Coterra Energy, Imperial Oil, and TC Energy.

ONEOK Inc. (OKE) is set to release its second-quarter 2025 earnings results on August 4, following a negative earnings surprise in the prior quarter. The company has completed key acquisitions, including Delaware G&G LLC and EnLink Midstream, which are expected to drive profitability. Zacks estimates project a 1.5% year-over-year earnings increase, while revenue is forecast to rise 75% YoY. The company's performance is influenced by fee-based contracts, midstream operations, and recent divestitures.

The article examines the financial performance of three energy companies in Q3 2024, highlighting changes in earnings per share estimates and revenue figures. Alliant Energy's revenue and expenses data is unavailable, while TC Energy exceeded analyst expectations in revenue, and Duke Energy saw reduced earnings estimates despite exceeding revenue forecasts.