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Oil gas
ClearStream Energy (TSX:CSM) Skyrockets Over 170% After Contract Deals
February 26, 2021 11:26 AM EST| 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 04:25 AM EST| 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 23, 2021 04:31 PM EST| 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,...
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Why is Crescent Point (TSX:CPG) Stock Surging Today?
February 18, 2021 06:48 PM EST| By Ipsita SarkarThe stock of Canadian oil and gas company Crescent Point Energy Corp. (TSX:CPG) is one of the most actively traded scrips on the Toronto Stock Exchange currently, with 10-day and 30-day volumes averaging 4.7 million and 5.1 million, respectively. .....
Millions Living In Dark As US Energy Crisis Intensifies
February 16, 2021 09:26 AM EST| By Team Kalkine Mediaannounces emergency aid as Weather Dept. says cold condition to remain for next few days. Millions of people in the US were facing prolonged blackouts and heating fuel shortage amid an unprecedented cold blitz that swept through North America, ....
Enbridge (TSX:ENB), A Bluechip Energy Stock To Hold In 2021!
February 12, 2021 11:56 AM EST| By Hina ChowdharySummary Enbridge posted a better EBITDA for 2020 as compared to 2019. It also increased its quarterly dividend for 2021 by 3 per cent, which is C$ 0.835 per common share. The bluechip energy stock has swelled almost 10 per cent this year, with.....
Inter Pipeline (TSX:IPL) Faces Hostile Takeover By Brookfield (BIP.UN)
February 11, 2021 08:42 AM EST| 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$.....
Cenovus (TSX:CVE) Stocks Drop After Reporting Loss in Q4 2020
February 09, 2021 10:24 AM EST| By Kunal SawhneySummary Cenovus Energy Inc (TSX:CVE) has reported a net earnings loss of C$ 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 04, 2021 12:30 PM EST| 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 02:53 AM EST| 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 02, 2021 11:58 AM EST| 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 01, 2021 11:44 AM EST| 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 01, 2021 11:22 AM EST| 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 07:40 AM EST| 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 28, 2021 08:20 AM EST| 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 06:27 AM EST| 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.....
TC Energy (TSX:TRP) Stocks Jump Despite Keystone XL Job Cuts Notice
January 22, 2021 10:22 AM EST| By Kunal SawhneySummary TC Energy Corporation is planning to slash over 1,000 construction jobs at its Keystone XL project. The decision comes after US President Joe Biden canceled the cross-border pipeline’s construction permit on Wednesday. Following .....
What Is Carbon Capture Technology & Why Is Everyone Talking About It?
January 22, 2021 09:48 AM EST| By Kunal SawhneyTesla Inc and SpaceX founder Elon Musk is back with yet another viral search engine query. In one of his latest tweets, the billionaire said he will put US$ 100 million towards a prize for whoever comes up with the best carbon capture technology. Mr...
Keystone XL Scrapped: Trudeau, Biden Govts Off To Rough Start?
January 21, 2021 11:42 AM EST| By Team Kalkine MediaAs promised by Joe Biden and feared by Canadian oil producers, the brand new US president overturned Donald Trump’s permit for Keystone XL pipeline construction hours after taking office. This has led to many experts questioning whether the Tru...
IEA Slashes Global Oil Demand For 2021 Over Renewed Lockdowns
January 19, 2021 11:38 AM EST| By Team Kalkine MediaThe International Energy Agency (IEA) has cut down its previous estimates for global oil demand due to the fresh wave of COVID-19-led lockdowns. The international agency reduced the projected global oil demand growth for the present quarter by 600.....
