Baytex Energy sets lower capital budget for 2021
Spending of between $225 million and $275 million next year.
Cenovus suspends dividend, cuts more capital spending, salaries
Additional steps are in response to the ongoing low global oil price environment.
Canfor cuts lumber production and capital spending due to COVID 19
Will be down about $100 million across lumber operations compared with 2019.
Precision Drilling moves to cut costs and capital spending plan
Lowering to $48 million, compared with earlier expectations for $95 million.
Pembina Pipeline cuts capital spending plan by up to $1.1B
Anticipating a revised 2020 capital budget of between $1.2 billion and $1.4 billion.
Energy shares continue falling as more firms cut capital budgets
Value of Canada’s top energy companies has been cut almost in half over the past week.