Energy Stocks

Is UEC stock a buy as uranium spot prices hit 9-year high?

Is UEC stock a buy as uranium spot prices hit 9-year high?

Highlights Uranium Energy Corp (NYSEAMERICAN:UEC, UEC:US) stocks appear to be attracting quite a bit of attention from investors. UEC stock surged by nearly 14 per cent on Wednesday, September 15, closing at a price of US$ 3.69. On Wednesday, ...

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Cenovus (TSX:CVE) Rebounds On Husky Integration, Posts C$ 220M Q1 Profit

Cenovus (TSX:CVE) Rebounds On Husky Integration, Posts C$ 220M Q1 Profit

Summary Cenovus delivered strong financial results after acquiring Husky Energy on January 1, 2021. The energy company increased its upstream production to 769,254 barrels of oil equivalent per day (boepd) from 482,594 boepd in March 2020. The...

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4 Best Canadian Renewable Stocks To Buy

4 Best Canadian Renewable Stocks To Buy

Stocks of renewable resources-based companies have been in the limelight for a while now. But since the Canadian government declared the new emissions reduction target of 40-45 per cent on April 22, green stocks seem to have gained more tractions. I...

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2 Green Stocks To Buy As Canada Increases 2030 Emissions Target

2 Green Stocks To Buy As Canada Increases 2030 Emissions Target

Last week, Prime Minister Justin Trudeau said that Canada will aim to reduce its greenhouse gas emissions (GHG) by as much as 45 per cent by year 2030. He made this announcement this while participating virtually at a climate change summit of global ...

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Suncor (TSX:SU) & Solar Alliance (TSXV:SOLR): 2 Energy Stocks To Buy

Suncor (TSX:SU) & Solar Alliance (TSXV:SOLR): 2 Energy Stocks To Buy

Summary Suncor Energy Inc. is set to reduce its carbon capture costs after investment in Svante. Solar Alliance Energy Inc. will gain from Investment Tax Credit (ITC) for solar projects in the US. S&P/TSX Capped Energy Index has posted a w...

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Earth Day 2021 Is Here! 3 Green Energy Stocks To Buy

Earth Day 2021 Is Here! 3 Green Energy Stocks To Buy

In an era when the world is struggling with global warming and staggering levels of pollution, April 22 is observed as Earth Day to remind humans to protect the one planet we have for survival. So on this occasion, it might be a good idea to delve in...

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Oil & Gas Vs Clean Energy Stocks: The YTD Returns Hold Interesting Cue

Oil & Gas Vs Clean Energy Stocks: The YTD Returns Hold Interesting Cue

Source: Kodda, Shutterstock Forget fossil fuels are likely to get completely replaced by clean energy soon. Despite that, the last one-year return of S&P/TSX Equal Weight Oil & Gas Index was a whopping 62.83 per cent. Yes, the ‘pollut...

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As Canada Unveils 1st Hydrogen Hub, 2 Green Stocks To Buy Now!

As Canada Unveils 1st Hydrogen Hub, 2 Green Stocks To Buy Now!

Source: Zhao jiankang, Shutterstock Summary Canada is exploring clean energy alternatives to combat climate change. Industries focusing on clean energy alternatives might benefit from the upcoming Federal Budget 2021. To diversify your portfo...

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Romeo Power (RMO) Jumps 60%: Should You Buy This Battery Stock?

Romeo Power (RMO) Jumps 60%: Should You Buy This Battery Stock?

for the past one year and by nearly 54 per cent for the last three months. Stocks of electric vehicle (EV) battery maker Romeo Power Inc (NYSE:RMO, RMO:US) secured a jump of nearly 60 per cent on Tuesday, April 6. The stock even hit a day high ...

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Whitecap (TSX: WCP) To Acquire Kicking Horse: Time To Invest?

Whitecap (TSX: WCP) To Acquire Kicking Horse: Time To Invest?

Source: huyangshu, Shutterstock Summary It will be a stock-and-cash deal worth C$ 300 million. The acquisition will help the company in increasing its assets in the liquids-rich portion of Alberta Montney. This move is expected to allow the c...

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Arc & Seven Generations Merger Gets Green Light: Here’s What To Expect

Arc & Seven Generations Merger Gets Green Light: Here’s What To Expect

Source: Oaklizm, Shutterstock Summary On February 10, both the companies had announced a merger and the deal was valued at C$ 8.1 billion. Both the companies currently deliver the lowest GHG emissions among their Canadian peers. The merged co...

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