Oil & Gas Stocks

ENB, OVV, SU, IMO & CVE: 5 oil stocks to watch if Canada boosts output

 ENB, OVV, SU, IMO & CVE: 5 oil stocks to watch if Canada boosts output

Highlights On Tuesday, May 17, Alberta Premier Jason Kenney in testimony to a US senate committee said Canada can increase output by 900,000 barrels a day Mr Kenny urged senators to safeguard Enbridge’s Line 5 pipeline that Michigan is cu...

Read More...
This TSX oil stock saw its cash flow skyrocket 115% in Q1. Time to buy?

This TSX oil stock saw its cash flow skyrocket 115% in Q1. Time to buy?

Canada’s oil and gas industry has been on quite the ride this year, thanks to the crippling supply constraints in the global oil market. The S&P/ TSX Capped Energy Index is up by nearly 55 per cent year-to-date (YTD), having outshone the ...

Read More...
ARX, VET, POU, BIR & NVA: 5 TSX stocks may gain on EU Russian oil-ban

ARX, VET, POU, BIR & NVA: 5 TSX stocks may gain on EU Russian oil-ban

Well, what a year it has been so far for the Canadian oil and gas sector. The S&P/TSX Capped Energy Index has rocketed a whopping 56.3 per cent year-to-date (YTD). How has this happened? Well, production reduced during the pandemic years and w...

Read More...
Is Athabasca (ATH) a cheap energy stock to buy after gaining 294% YoY?

Is Athabasca (ATH) a cheap energy stock to buy after gaining 294% YoY?

Highlights Athabasca Oil (TSX: ATH) has been trending higher on the stock market with a spike of over 11 per cent on May 3. The small-cap company produced 34,679 boe/d (including 92 per cent liquids) in Q3 FY2022. Stocks of Athabasca Oil swell...

Read More...
ENB, GEI, TRP, PPL & SU: 5 TSX stocks that are passive income machines

ENB, GEI, TRP, PPL & SU: 5 TSX stocks that are passive income machines

The Organization of Petroleum Exporting Countries (OPEC) failed to increase output in April amid capacity woes, as per the latest reports. Iraq was the only OPEC country that reportedly boosted output. However, Canadian energy companies are marchi...

Read More...
Paul Singer's Elliot targets Suncor. Can it change SU stock's fate?

Paul Singer's Elliot targets Suncor. Can it change SU stock's fate?

Elliot Investment Management L.P. (Elliot) released an official statement before the market opened on Thursday, April 28, and said it has sent a letter to the Board of Directors of Suncor Energy Inc. (TSX: SU) comprising some strategies to take Sun...

Read More...
Whitecap (WCP) and Baytex (BTE): Why are these TSX oil stocks trending?

Whitecap (WCP) and Baytex (BTE): Why are these TSX oil stocks trending?

Highlights Whitecap Resources (TSX: WCP) and Baytex Energy (TSX: BTE) have been trending on the stock markets. Whitecap reported petroleum and natural gas revenues of C$ 1 billion in the first quarter of FY2022. BTE stock ballooned by over 394...

Read More...
Cenovus (TSX:CVE) triples dividend after $1.6B profit. Buy call?

Cenovus (TSX:CVE) triples dividend after $1.6B profit. Buy call?

Cenovus Energy Inc. (TSX:CVE) announced the financial results for the first quarter of this year and said it achieved a profit of C$ 1.6 billion, representing a massive 639 per cent year-over-year (YoY) increase. Notably, Cenovus Energy has triple...

Read More...
Can these 5 TSX oil & gas stocks see high returns in May?

Can these 5 TSX oil & gas stocks see high returns in May?

Highlights The S&P/TSX Capped Energy Index is up over 41 per cent year-to-date (YTD) A stock mentioned here has rocketed nearly 136 per in the last 12 months Another stock has returned nearly 97 per cent in the same period Much may be...

Read More...
CNQ, CVE & ARX: 3 TSX stocks to buy as CNRL hits $100B market cap

CNQ, CVE & ARX: 3 TSX stocks to buy as CNRL hits $100B market cap

On Wednesday, April 20, as the stock of Canadian Natural Resources Limited peaked to an all-time high of C$86.43, the company became the first oil and gas maker on the TSX to hit C$100 billion in market capitalization. This took it well above the s...

Read More...
Enbridge (ENB) and CVE: 2 TSX oil stocks to watch amid IMF forecast

Enbridge (ENB) and CVE: 2 TSX oil stocks to watch amid IMF forecast

Highlights Volatility in the oil market continued as International Monetary Fund (IMF) reduced its global growth projections. Oil prices slightly rebounded on Wednesday as supply concerns from production outages in Libya continued to weigh on t...

Read More...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK