Energy

Topaz Energy Q2: EPS Skyrockets 71% as Shares Surge
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaTopaz Energy Corp. experienced a positive turn of events recently, with its share price rising 5.0% to close at CA$25.99 following the release of its latest quarterly results. The company reported revenues of CA$78 million, aligning with analysts' ex...

International Petroleum Q2 2024: Revenue Up 6.6%, EPS Surpasses Estimates
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaInternational Petroleum reported its financial results for the second quarter of 2024, showcasing a notable performance despite some mixed outcomes. The company's revenue reached USD 217.8 million, marking a 6.6% increase from the same period in the...

Advantage Energy's Earnings Highlight Cash Flow Woes
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaRecent earnings from Advantage Energy Ltd,(TSX:AAV),. have failed to impress the market, revealing some concerns beyond the underwhelming headline figures. A closer examination of the company's financial performance uncovers issues with the accrual r...

Surge Energy Q2 2024: Revenue Up 18%, Net Loss Swells to CA$64.7M
August 02, 2024 02:00 PM AEST| By Team Kalkine MediaSurge Energy's second-quarter results for 2024 reveal a mixed performance, with a notable increase in revenue but a significant shift to a net loss. The company reported revenue of CA$154.4 million, marking an 18% increase compared to the same period...

TC Energy Targets Data Center Growth as New Opportunity
August 01, 2024 02:00 PM AEST| By Team Kalkine MediaTC Energy Corp.,(TSX:TRP),is capitalizing on the growth of data centers across North America, noting a shift in site preferences from telecom-heavy regions to areas with robust energy infrastructure. According to Stan Chapman, Executive Vice-Presiden...

Canadian Natural Resources Q2 Earnings Surge 50% on Higher Oil Sales
August 01, 2024 02:00 PM AEST| By Team Kalkine MediaCanadian Natural Resources Ltd. saw a 50% increase in adjusted net earnings, rising to $1.89 billion in Q2.,Production volumes surged 8% year-over-year to 1.29 million barrels of oil equivalent per day.,Revenue climbed to $9.05 billion, up from $7.89...

Cameco Reports $36 Million in Net Earnings for Q2
July 31, 2024 02:00 PM AEST| By Team Kalkine MediaHighlights:,Cameco Corp. reported a $36 million net profit for Q2, up from $9 million last year.,Revenue increased to $598 million, compared to $482 million in the previous year.,The quarter included a $47 million loss from the Westinghouse Electric...

What AltaGas Ltd.'s P/E Ratio Might Be Missing
July 26, 2024 02:00 PM AEST| By Team Kalkine MediaAltaGas Ltd.'s (TSX:ALA) current price-to-earnings (P/E) ratio of 16x stands slightly above the Canadian median of approximately 14x. While this may not initially seem noteworthy, examining the P/E ratio in the context of AltaGas' performance reveals...

Cameco Insiders Sell CA$10 Million in Stock, Indicating Potential Caution
July 26, 2024 02:00 PM AEST| By Team Kalkine MediaIn the past year, significant insider sales at Cameco Corporation (TSE: CCO) have caught the attention of shareholders. Insider transactions can offer insights, although insider selling may arise for various reasons and does not necessarily indicate...

Two High-Yield Investments for Canadian Retirees
July 23, 2024 04:10 AM AEST| By Team Kalkine MediaAs living expenses continue to rise, Canadian retirees are increasingly seeking ways to enhance the returns on their hard-earned savings. A favored approach is to invest in high-yield,dividend stocks,within a self-directed Tax-Free Savings Account (T...

Kazakhstan's Green Railway Future: Condor Energies (TSX: CDR) Signs Landmark LNG Agreement
July 18, 2024 06:20 PM AEST| By Team Kalkine MediaIn a groundbreaking move aimed at revolutionizing Kazakhstan’s railway infrastructure, Condor Energies Inc. (TSX: CDR) has embarked on a pivotal agreement that promises to reshape the nation’s energy landscape. The Canadian-based energy transition co...

Energy Sector Surge Drives Toronto Market to Record High
July 16, 2024 08:00 PM AEST| By Team Kalkine MediaHighlights:,The,TSX closed slightly higher at 22,751.68, continuing its record-setting streak.,Energy,sector advanced 1.8%, supported by market optimism.,Stelco,surged,nearly 74%,on acquisition news by Cleveland-Cliffs.,Industrials,rose 0.6%, financi...

How Much Will Enbridge Pay in Dividends This Year?
June 17, 2024 04:07 PM AEST| By Team Kalkine MediaEnbridge (,TSX:ENB,) is highly regarded among Canadian dividend investors due to its robust business model focused on operating extensive oil and natural gas pipelines. These assets are underpinned by long-term contracts, which contribute to stable c...

Valeura Energy Inc. (TSX: VLE) Completes Acquisition of FSO Vessel Aurora
June 12, 2024 06:32 PM AEST| By Team Kalkine MediaValeura Energy Inc. (,TSX: VLE,), a leading player in the energy sector, has reached a significant milestone with the completion of its acquisition of the Floating Storage and Offloading (FSO) vessel Aurora. The vessel is strategically located at Val...

Brookfield Renewable Stock Turns into an AI Play
June 10, 2024 04:49 PM AEST| By Team Kalkine MediaThe AI (artificial intelligence) megatrend is here to stay. A report from Precedence Research forecasts the AI market to expand from US$454 billion in 2022 to US$2.6 trillion in 2032, indicating an annual growth rate of 19%.,Due to this rapidly expan...

Should You Consider to Invest in this TSX Energy Stock Before Its Upcoming Stock Split?
May 24, 2024 02:00 PM AEST| By Team Kalkine MediaWhen it comes to investing in the energy sector, Canadian Natural Resources (TSX:CNQ) stands out as a formidable player. With a stellar track record of delivering exceptional returns to shareholders over the past two decades, CNQ has garnered signifi...

MEG Energy (TSE:MEG) Investors Gain 581% in Five Years
May 23, 2024 02:00 PM AEST| By Team Kalkine MediaInvesting in high-performing companies can be a powerful way to build substantial wealth over time. The remarkable gains of MEG Energy Corp. (TSE:MEG) over the past five years serve as a compelling example of this principle. With a share price increa...

2 TSX Energy Stocks with Remarkable Value to Consider Now
May 22, 2024 02:00 PM AEST| By Team Kalkine MediaThe energy sector is propelling the TSX higher this year, with Canada's primary stock market up 7.19% year-to-date, primarily fueled by the strong performance of,TSX energy stocks,. Despite this positive momentum, there are still incredibly cheap opt...

Have a Look on These TSX Energy Stocks for Better Investment Returns
May 21, 2024 08:50 PM AEST| By Team Kalkine MediaIn the realm of passive income, energy stocks may not traditionally be the first choice for investors. The volatility inherent in oil and natural gas prices has often deterred income seekers from considering energy stocks as reliable sources of stead...

Why this Canadian Energy Stocks is Surging to New Highs
May 20, 2024 02:00 PM AEST| By Team Kalkine MediaIn the dynamic landscape of the TSX, few stocks have demonstrated the remarkable ascent witnessed by Cameco (,TSX:CCO,). Over the past year, its shares have surged by an impressive 84%, marking a testament to its enduring appeal and potential for sus...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025