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Oil gas
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3 TSX Energy Stocks To Buy Under C$ 10
March 25, 2021 03:17 AM AEDT| By Shreya BiswasSource: pan demin, Shutterstock Summary Rising oil prices have brought energy stocks in the limelight once again. With the US crude prices hitting a price of US$ 59.7 per barrel and Brent crude rising to US$ 62.8 a barrel on Wednesday, March 2...
How Tourmaline (TSX:TOU) Gained Over 200% Amid Texas Deep Freeze?
March 19, 2021 12:22 AM AEDT| By Shreya BiswasSource: Makarov Ilya, Shutterstock Summary The devastating winter freeze that hit North America in February saw many businesses suffer major setbacks. A handful of companies, however, secured growth amid this crippling deep freeze, such as Tou...
Why Just Energy (JE) Decided To Delist Its Stocks From TSX?
March 17, 2021 01:17 AM AEDT| By Shreya BiswasSource: Oaklizm, Shutterstock Summary Canadian firm Just Energy Inc (TSX:JE) has volunteered to delist its stocks from the Toronto Stock Exchange (TSX). It submitted a notice to remove its shares from the trading platform of Tuesday morning, M...
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Greenlane Renewables (GRN) Graduates To TSX: To Buy Or Not To Buy?
March 12, 2021 03:18 AM AEDT| By Shreya BiswasSource: Robert Lucian Crusitu, Shutterstock Summary Earlier this month, the biogas upgrading systems provider leveled up to the Toronto Stock Exchange. Greenlane stock recorded an all-time high last month, hitting a closing price of C$ 2.86 on...
CNQ & OVV: 2 TSX Energy Stocks To Buy As Crude Gains
March 08, 2021 11:32 PM AEDT| By AnujSource: Haizhen Du, Shutterstock The recent rise in oil prices is a potential thrust for energy companies to reap maximum profits from their existing inventories. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision...
Suncor (TSX:SU) & Cenovus (TSX:CVE): 2 Oil & Gas Stocks To Buy Today!
March 06, 2021 06:22 AM AEDT| By AnujSource: ded pixto, Shutterstock Energy stocks witnessed heavy trading action across North American markets this week as crude price rallied over US$ 65.70, led by Saudi’s bet on production cut. The West Texas Intermediate (WTI) was up over 3.1...
Exxon (NYSE:XOM) Promises Dividend Growth; Lays Off 7% Singapore Workforce
March 05, 2021 09:40 PM AEDT| By AnujSource: Kokhanchikov, Shutterstock World's biggest oil and energy exploration company Exxon Mobil Corp. (NYSE: XOM, XOM:US) on Wednesday laid out plans till 2025, highlighting the following: Boost earnings and cash flow Emphasis on growth of div...
ClearStream Energy (TSX:CSM) Skyrockets Over 170% After Contract Deals
February 27, 2021 03:26 AM AEDT| By AnujSource: Oil and Gas Photographer, Shutterstock ClearStream Energy Services Inc. (TSX: CSM) stock skyrocketed over 171 per cent as the macro-cap company announced on February 24 that it has won new project awards and renewed old contracts fro...
Exxon (NYSE: XOM) Erases Oil-Sands Crude From Books
February 26, 2021 08:25 PM AEDT| By AnujSource: pan demin, Shutterstock World’s largest publicly traded oil and gas exploration giant ExxonMobil Corp (NYSE: XOM, XOM:US) has erased oil-sands crude from its revised books, as per a company filling on Wednesday. The Texas-based multin...
17 EV Stocks To Buy From North American Markets
February 24, 2021 08:31 AM AEDT| By Shreya BiswasSource: Shutterstock With US President Joe Biden coming to power in the White House, markets are waiting with bated breath to see the gradual shift from traditional energy to renewable power. And as the concept of clean energy becomes more popular,...
Inter Pipeline (TSX:IPL) Faces Hostile Takeover By Brookfield (BIP.UN)
February 12, 2021 12:42 AM AEDT| By Kunal SawhneySummary Brookfield Infrastructure Partners LP (TSX:BIP.UN) has decided to launch a hostile takeover worth C$ 13.5 billion for midstream company Inter Pipeline Ltd (TSX:IPL). In an attempt to take it private, Brookfield made a direct offer of C$.....
Cenovus (TSX:CVE) Stocks Drop After Reporting Loss in Q4 2020
February 10, 2021 02:24 AM AEDT| By Kunal SawhneySummary Cenovus Energy Inc (TSX:CVE) has reported a net earnings loss of C$ 153 million for its last quarter of 2020. As the Calgary-based company released its latest financial data, Cenovus stocks reflected a drop of nearly five per cent on Tu.....
Suncor (TSX:SU) Stocks Recovering From COVID Lows?
February 05, 2021 04:30 AM AEDT| By Hina ChowdharySummary Suncor saw its funds from operations rise on a quarter-over-quarter basis to C$ 1.2 billion in the fourth quarter of 2020. Its cash flow from operations, on the other hand, was substantially lower year-over-year to C$ 814 million in Q4 .....
Boralex & Innergex: 2 Rising TSX Utility Stocks
February 04, 2021 06:53 PM AEDT| By Team Kalkine MediaThe Canadian utilities sector is facing radical transformation that was long pending. Fast adoption of digital technologies and changing customer expectations have already made the energy and utility industry more complex and competitive. According...
Imperial Oil Ltd. (TSX: IMO) Reports Higher Oil Production For Q4 2020
February 03, 2021 03:58 AM AEDT| By Kunal SawhneySummary Imperial Oil posted higher oil production year-over-year (YoY) for Q4 2020 but recorded a net loss due to lower sales amid the COVID-19 outbreak. The company will distribute a quarterly dividend of C$ 0.22 per common share for Q1 2021. .....
Enbridge (TSX:ENB) & Cenovus (TSX:CVE): 2 Active Energy Stocks
February 02, 2021 03:44 AM AEDT| By Kunal SawhneySummary The TSX Capped Energy Index’s one-year return has declined by more than 30 per cent. Despite the decline, stocks of Enbridge and Cenovus continue to be among the most active stocks on the TSX. In the last three months, Enbridge a.....
Is Canada’s EV Market Heading For A Boom?
February 02, 2021 03:22 AM AEDT| By Hina ChowdharySummary With more American EV companies investing in Canada-based facilities, the country could be closer to its goal to be a global leader in the EV movement than ever before. In the last six months, two major US-based automakers have announce.....
Exxon & Chevron Merger On Cards?
February 01, 2021 11:40 PM AEDT| By Hina ChowdharySummary Exxon and Chevron initiated their merger discussion last year, as per multiple media reports. Both oil companies may resume talks in the future. Stocks of both the energy giants declined last year due to volatile global oil prices. St.....
Why Solar Alliance Energy (TSXV:SOLR) Stock Popped By 21%?
January 29, 2021 12:20 AM AEDT| By Kunal SawhneySummary Solar Alliance Energy’s stock popped up 21 per cent as the company bagged a contract to build a 500-kilowatt solar system in Kentucky, US. The green energy stock has gained 1557 per cent in one year and offering a return on equity.....
Trans Mountain Pipeline In Spotlight After Keystone XL’s Cancelation
January 25, 2021 10:27 PM AEDT| By Team Kalkine MediaSummary Many First Nations groups have expressed their interest in purchasing Trans Mountain Corp. The Trudeau government bought it in 2018 after former owner Kinder Morgan failed to expand the 1,150-kilometre line. Some infrastructure experts.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024