Oil gas
4 oil & gas stocks to buy in 2021
July 28, 2021 02:13 PM EDT| By Team Kalkine MediaThe oil and gas industry is one of the most important ones in Canada as it is the fourth largest producer of oil and the sixth largest natural gas producer in the world. According to the Canadian Association of Petroleum Producers (CAPP), it contri.....
3 oil and gas stocks to buy on the dip
July 15, 2021 08:46 AM EDT| By Raza NaqviOil prices declined by a little over two per cent on Wednesday, July 14, after the United Arab Emirates (UAE) made progress in resolving the conflict with OPEC+ (Organization of the Petroleum Exporting Countries and allies). The UAE might compromi.....
Best energy stocks to buy before oil prices hit $100 a barrel
June 22, 2021 07:12 AM EDT| By Raza NaqviWith economies rebounding from the pits of last year’s pandemic lows, oil prices could surge to US$ 100 per barrel by 2022. The Bank of America Corp (BofA) said in a report on Sunday, June 20, that as businesses return to normal operations, gl...
Here’s a list of all oil and gas companies on TSX
June 17, 2021 09:26 AM EDT| By Team Kalkine MediaEnergy is one of the largest sectors in Canada, governing a major share of 13.2 per cent in the S&P/TSX Composite Index. Its sectoral index, the S&P/TSX Capped Energy, comprises 13 large players and holds an average market cap of C$ 12.25 bi...
Is Enbridge (TSX:ENB) a great dividend buy after Line 3 permit?
June 15, 2021 08:47 AM EDT| By AnujStocks of Enbridge Inc (TSX:ENB) climbed to a one-year high on Monday, June 14, as the Minnesota Court of Appeals permitted its Line 3 oil pipeline replacement project in the US. The pipeline will carry Canadian oilsands crude from Alberta to northw...
This Energy Stock Could looks interesting for 2021
June 11, 2021 06:59 AM EDT| By Raza NaqviThe Canadian energy industry has rebounded after a fall during the pandemic. However, the sector is undergoing a transition as the key players look at optimising the use of current energy resources and adopt new technologies to lower carbon emissions...
Pembina (PPL) To Buy Inter Pipeline (IPL) For $8.3B. Investor’s Alert!
June 01, 2021 12:36 PM EDT| By Raza NaqviEnergy company Pembina Pipeline Corporation (TSX:PPL) announced on Tuesday, June 1, that it has agreed to acquire peer Inter Pipeline Ltd (TSX:IPL) in an all-stock deal worth C$ 8.3 billion. Under the agreed terms, shareholders will be entitled to h...
Good Buys: 3 Essential Energy Stocks For Every Investor
June 01, 2021 10:33 AM EDT| By Team Kalkine MediaEnergy is among the core sectors of an economy and hence forms an essential part of any investor’s equities portfolio. However, Canadian oil and gas stocks hold a central position in the stock markets, considering the country’s oil sands...
Cenovus Energy (TSX:CVE) Remains A Smart Buy Proposition: Here’s Why
May 31, 2021 12:44 PM EDT| By AnujStocks of Cenovus Energy Inc. (TSX:CVE) surged over three per cent on Monday (At 10:30 AM ET), lifted by the rising crude prices. The West Texas Intermediate (WTI) Futures was up over one per cent to US$ 67 a barrel at the time of writing this while...
Warren Buffett Exits From Suncor Energy (TSX:SU): What It Means For Investors?
May 28, 2021 11:32 AM EDT| By Team Kalkine MediaSummary Ace Investor Warren Buffett’s stake sale in Suncor Energy may come as a shock to Canadian investors Apart from Suncor, Mr Buffett’s Berkshire Hathaway also cut stake in US-based oil player, Chevron Despite Mr Buffett’.....
Forget Crypto! Buy This Stock For Long-Term Gains
May 27, 2021 06:06 AM EDT| By Team Kalkine MediaWhichever direction the Canadian government’s policies sway, Suncor Energy’s (TSX:SU) investors may find themselves largely immune in the long run. Its vast energy portfolio, with a focus on increasing green energy operations, comes to th...
Enbridge (TSX:ENB) & Suncor (TSX:SU): 2 Energy Stocks To Buy
May 18, 2021 11:53 AM EDT| By Team Kalkine MediaWhile Canada’s benchmark index grew about 5.5 per cent, the S&P/TSX Capped Energy Index rose 11.6 per cent in the last three months amid rising inflation in the US. Few of the top volume gainers on the TSX composite index have also been key...
Can TSX Energy Stocks Be Fueled By A Likely Oil Boom?
May 14, 2021 01:23 PM EDT| By Team Kalkine MediaIn Canada’s Alberta, daily oil production volume registered a record jump in March 2021. This surge came after two months of negative volume growth. Now, some estimations suggest that this recovery can push oil companies to better earnings in c...
Colonial Pipeline Cyberattack Pushes North America Into Oil Crisis
May 13, 2021 08:09 AM EDT| By Shreya BiswasScenes of panic-triggered fuel-buying and hoarding has become quite rampant in some parts of Southeastern US following the cybersecurity attack on Colonial Pipeline last week. The US-based oil distributor announced on Friday, May 7, that due to a cy...
Crescent Energy (TSX:CPG) Posts C$21.7Mn Profit In Q1. Worth A Buy?
May 12, 2021 12:14 PM EDT| By Raza NaqviSummary Canadian oil and gas company Crescent Point Energy Corp (TSX:CPG) reported a profit of C$ 21.7 million for Q1 2021 on Wednesday, May 12. Following the release of its latest financials ahead of opening bell, CPG stocks shot up by five pe.....
Cenovus (TSX:CVE) Rebounds On Husky Integration, Posts C$ 220M Q1 Profit
May 07, 2021 12:53 PM EDT| By Raza NaqviSummary 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.....
Enbridge (TSX:ENB) & Canadian Natural (CNQ): 2 Oil & Gas Stocks To Buy
May 04, 2021 12:30 PM EDT| By Team Kalkine MediaLast 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...
Reconnaissance Energy (TSXV:RECO) Stocks Trending: Should You Buy?
May 04, 2021 12:15 PM EDT| By Team Kalkine MediaSummary 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.....
Suncor Energy (TSX:SU) Stocks Rise As Q1 Records Improved Profit
May 04, 2021 05:31 AM EDT| By AnujCanadian 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...
Suncor (SU) & Enbridge (ENB): Energy Stocks To Buy Ahead Of Q1 Results
April 30, 2021 10:03 AM EDT| By Team Kalkine MediaEconomic 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...