Oil gas
2 Energy Stock To Buy & Hold In 2021
April 26, 2021 02:11 PM EDT| By AnujSummary 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 .....
Oil & Gas Vs Clean Energy Stocks: The YTD Returns Hold Interesting Cue
April 16, 2021 01:52 PM EDT| By Team Kalkine MediaSource: 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...
Reconnaissance Africa (TSXV: RECO) Stock Soars 57%. Should You Invest?
April 16, 2021 08:36 AM EDT| By Team Kalkine MediaSource: 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...
Global Oil Demand May Improve In 2021: 2 Oil & Gas Stocks To Buy
April 15, 2021 11:45 AM EDT| By Team Kalkine MediaSource: 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...
Is Suncor Energy (TSX:SU) A Worthy Discounted Bet?
April 14, 2021 11:03 AM EDT| By Shreya BiswasSource: 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...
Whitecap (TSX: WCP) To Acquire Kicking Horse: Time To Invest?
April 06, 2021 11:49 AM EDT| By Team Kalkine MediaSource: 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...
Arc & Seven Generations Merger Gets Green Light: Here’s What To Expect
April 01, 2021 08:41 AM EDT| By Team Kalkine MediaSource: Oaklizm, Shutterstock Summary On February 10, both the companies had announced a merger and the deal was valued at C$ 8.1 billion. Both the companies currently deliver the lowest GHG emissions among their Canadian peers. The merged co...
3 TSX Energy Stocks To Buy Under C$ 10
March 24, 2021 12:17 PM EDT| 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...
Will Egypt's Suez Canal Blockage Impact Canada?
March 24, 2021 06:12 AM EDT| By AnujSource: Oil and Gas Photographer, Shutterstock Suez Canal, the world’s busiest waterway, went standstill after a gigantic container vessel was stranded on Tuesday, March 23. This blockage may lead to severe disruptions across the global energy...
Suncor (TSX: SU) Stocks Soar On New Investment: Good Time To Buy?
March 19, 2021 10:37 AM EDT| By Team Kalkine MediaSource: 88studio, Shutterstock Summary Suncor Energy is investing in Svante to reduce its carbon footprint. The new technology will allow Suncor to produce blue hydrogen. As the economy is showing signs of recovery, and offices and businesses...
How Tourmaline (TSX:TOU) Gained Over 200% Amid Texas Deep Freeze?
March 18, 2021 09:22 AM EDT| 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...
Oil Demand Won’t Rebound To Pre-COVID Level Until 2023, Says IEA
March 17, 2021 11:04 AM EDT| By AnujSource: Anan Kaewkhammul, Shutterstock The International Energy Agency (IEA) has projected that global oil demand will not attain its pre-coronavirus levels until 2023. The agency estimates an average fuel consumption of over 101 million barrels a d...
Why Just Energy (JE) Decided To Delist Its Stocks From TSX?
March 16, 2021 10:17 AM EDT| 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...
Greenlane Renewables (GRN) Graduates To TSX: To Buy Or Not To Buy?
March 11, 2021 11:18 AM EST| 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...
Secure Energy (TSX:SES) Rises On Merger News With Tervita (TSX:TEV)
March 10, 2021 07:57 AM EST| By AnujSource: Natee Meepian, Shutterstock Summary Secure Energy stock jumped to a 52-week high on March 9, following a merger announcement with Tervita. Shares of Tervita also improved by 9.72 per cent on the same development yesterday. Both small-c...
Inter Pipeline (TSX:IPL) Scraps Brookfield’s Hostile Takeover Bid
March 09, 2021 04:21 PM EST| By Shreya BiswasSource: Oaklizm, Shutterstock Summary Inter Pipeline Ltd (TSX:IPL) has unanimously rejected Brookfield Infrastructure Partners’ (TSX:BIP.UN) C$ 13.5-billion hostile takeover offer launched earlier in February. Brookfield Infrastruct...
CNQ & OVV: 2 TSX Energy Stocks To Buy As Crude Gains
March 08, 2021 07:32 AM EST| 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 05, 2021 02:22 PM EST| 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 05:40 AM EST| 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...
Suncor & Enbridge: Most Active TSX stocks
March 03, 2021 07:40 AM EST| By AnujSource: Red ivory, Shutterstock The S&P/TSX Capped Energy Index has gained almost 24 per cent this year. In contrast, the S&P/TSX Composite Index has risen nearly 6 per cent in 2021. Two of the most active Toronto Stock Exchange-listed stoc...