Oil & Gas Stocks

Is this the best Canadian Oil & Gas stock to buy right now?

Tourmaline Oil Corp.

Highlights Tourmaline’s stock has catapulted by 139.5 per cent year-to-date (YTD) and it had recently clocked a 52-week high of C$ 43.1 per share on September 16. In the second quarter of 2021, Tourmaline achieved a record free cash flow ...

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Reconnaissance Africa (TSXV: RECO) Stock Soars 57%. Should You Invest?

Reconnaissance Africa (TSXV: RECO) Stock Soars 57%. Should You Invest?

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...

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Global Oil Demand May Improve In 2021: 2 Oil & Gas Stocks To Buy

Global Oil Demand May Improve In 2021: 2 Oil & Gas Stocks To Buy

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...

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Is Suncor Energy (TSX:SU) A Worthy Discounted Bet?

Is Suncor Energy (TSX:SU) A Worthy Discounted Bet?

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...

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Whitecap (TSX: WCP) To Acquire Kicking Horse: Time To Invest?

Whitecap (TSX: WCP) To Acquire Kicking Horse: Time To Invest?

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...

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Arc & Seven Generations Merger Gets Green Light: Here’s What To Expect

Arc & Seven Generations Merger Gets Green Light: Here’s What To Expect

Source: 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...

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3 TSX Energy Stocks To Buy Under C$ 10

3 TSX Energy Stocks To Buy Under C$ 10

Source: 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...

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Will Egypt's Suez Canal Blockage Impact Canada?

Will Egypt's Suez Canal Blockage Impact Canada?

  • March 24, 2021 06:12 AM EDT
  • Anuj

Source: 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...

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Suncor (TSX: SU) Stocks Soar On New Investment: Good Time To Buy?

Suncor (TSX: SU) Stocks Soar On New Investment: Good Time To Buy?

Source: 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...

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How Tourmaline (TSX:TOU) Gained Over 200% Amid Texas Deep Freeze?

How Tourmaline (TSX:TOU) Gained Over 200% Amid Texas Deep Freeze?

Source: 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...

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Oil Demand Won’t Rebound To Pre-COVID Level Until 2023, Says IEA

Oil Demand Won’t Rebound To Pre-COVID Level Until 2023, Says IEA

  • March 17, 2021 11:04 AM EDT
  • Anuj

Source: 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...

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