Kalkine Media presents TSX mid-cap oil stocks to explore right now

Last year, on April 20, oil prices slipped in the negative territory for the first time in history. West Texas Intermediate (WTI) fell from US $17.85 to close at negative US$ 37.63 on that day. While the pandemic is still on, oil prices have recover...

Summary Stock of Reconnaissance Energy Africa Ltd (TSXV:RECO), trending high on the stock markets, swelled by 2,555 per cent over the past year. On Monday, May 3, the stock shot up by three per cent and closed at C$ 9.16 apiece. Early on Tuesd...

Canadian company Suncor Energy Inc (TSX:SU) posted higher first-quarter 2021 net income on Monday, May 3, led by higher oil prices, robust production and lower expenses. This reflected a rebound for the company from its massive net operating loss a y...

Economic recovery is likely to push oil and gas prices up this year. Meanwhile, Canada’s big energy players Suncor Energy Inc (TSX:SU) and Enbridge Inc (TSX:ENB) are set to release their first quarter results for fiscal 2021 in the first week o...

Summary The S&P/TSX Capped Energy Index gained 69 per cent in the past one year, propelled by the recovering oil prices. Suncor stock has fuelled the Canadian energy sector with a rise of over 56 per cent in the last six months. Stocks of ...

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...

Source: PLUkaAOM_Studio, Shutterstock Summary The company has found a working conventional petroleum system in Kavango Basin. RECO stock has been riding high since the past year. The company also reported strong financials in Q3 2020 The...

Source: Haizhen Du, Shutterstock Summary According to the Canada Energy Regulator data, four out of five imported oil barrels were from the US in 2020. Global demand for fossil fuels was strongly affected by the COVID-19 pandemic and Canada im...

Source: zhengzaishuru, Shutterstock Summary Less than a week ahead of Canada’s 2021 federal budget reveal, equity markets are displaying significant resilience. While the S&P/TSX Composite Index currently holds a year-to-date (YTD) g...

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...