Oil gas

Is Journey Energy’s Trading Volume Hiding Something Bigger?
January 03, 2025 10:41 PM AEDT| By Team Kalkine MediaHighlights,Journey Energy operates within Canada's energy production sector.,Stock recently exceeded its fifty-day moving average.,Shares traded around C$2.05 with notable volume.,The Canadian energy sector plays a vital role in the global economy, p...

Why Is PetroTal Struggling Despite High Revenue Growth?
December 31, 2024 12:51 AM AEDT| By Team Kalkine MediaHighlights,PetroTal Corp. operates in Peru's oil and gas exploration sector.,Achieved third-quarter revenue of US$71.42 million in 2024.,Maintains strong financial health with debt-free status and high-quality earnings.,PetroTal Corp.,(TSX:TAL),is en...

Africa Oil Corp. (TSX: AOI) Announces Repurchase of 416,700 Common Shares Under Buyback Program
December 31, 2024 12:10 AM AEDT| By Team Kalkine MediaHighlights,Africa Oil repurchases 416,700 common shares during December 23-27, 2024.,A total of 2,308,100 shares repurchased since the program began on December 6, 2024.,Repurchased shares will be cancelled, reducing the company's outstanding shares....

Why Is Surge Energy’s Latest Dividend Decision Raising Concerns?
December 25, 2024 12:04 AM AEDT| By Team Kalkine MediaHighlights,Surge Energy Inc. operates within the Canadian energy sector.,Announces dividend of CA$0.0433 per share for January distribution.,Dividend yield stands at a notable 9.7%.,Surge Energy Inc.,(TSX:SGY),is a Canadian oil-focused energy company...

Why Are Ensign Energy Shares Breaking the 200-Day Moving Average?
December 25, 2024 12:01 AM AEDT| By Team Kalkine MediaHighlights,Ensign Energy Services operates in the energy services sector in Canada.,Recent trading activity showed the stock moving above its 200-day average.,The stock reached a high of C$2.83 with notable trading volume.,The energy services sector...

Africa Oil Corp. (TSX: AOI) (Nasdaq-Stockholm: AOI) Announces Successful Completion of Share Buyback Program
December 23, 2024 11:34 PM AEDT| By Team Kalkine MediaHighlights,1.89 million shares repurchased under the buyback program from December 6 to December 20, 2024.,Repurchases conducted on the TSX and Nasdaq Stockholm platforms, including significant participation by Scotia Capital and Pareto Securities.,S...

Why Does This Oil Stock Carry Such a Steep Valuation?
December 23, 2024 10:52 PM AEDT| By Team Kalkine MediaHighlights,Canadian Oil and Gas sector overview and key metrics.,Company X exhibits a P/S ratio significantly above industry median.,Factors contributing to elevated P/S ratio explored in detail.,The Oil and Gas sector in Canada plays a pivotal role...

Could Falcon Oil & Gas’s Latest Decision Raise Concerns?
December 23, 2024 10:40 PM AEDT| By Team Kalkine MediaHighlights,Falcon Oil & Gas appoints BDO Canada LLP as its new auditor.,Transition from BDO LLP (UK) to BDO Canada LLP confirmed.,Falcon Oil & Gas focuses on energy exploration and development projects.,Falcon Oil & Gas Ltd.,(TSXV:FO),, a company eng...

Why Did IPC Repurchase Shares in December?
December 23, 2024 10:33 PM AEDT| By Team Kalkine MediaHighlights,IPC engages in oil and gas exploration globally.,Repurchases under the NCIB reduce outstanding shares.,IPC operates through TSX and Nasdaq Stockholm.,International Petroleum Corp.,(TSX:IPCO),operates within the oil and gas sector, which fo...

Why Are Kelt Exploration Shares Struggling Below Key Moving Averages?
December 20, 2024 09:29 PM AEDT| By Team Kalkine MediaHighlights,Kelt Exploration operates within Canada's energy exploration and production sector.,The company focuses on natural gas and crude oil in Western Canada.,Kelt Exploration emphasizes resource development through strategic acquisitions.,Kelt E...

Why Is NuVista Energy's Value Seemingly Undervalued by Market Standards?
December 19, 2024 11:13 PM AEDT| By Team Kalkine MediaHighlights,NuVista Energy operates in the Canadian oil and gas production sector.,Discounted cash flow method offers insights into its intrinsic financial value.,Focus remains on sustainable practices in resource-rich regions.,NuVista Energy,(TSX:NVA...

Why Has Kelt Exploration's Recent Performance Lagged Behind Its Long-Term Gains?
December 19, 2024 10:50 PM AEDT| By Team Kalkine MediaHighlights,Energy sector shows robust gains in upstream exploration activities.,Kelt Exploration,(TSX:KEL),has experienced steady growth over three years.,Recent performance in energy stocks reflects resilience in a volatile market.,The energy sector...

Is Arrow Exploration’s Latest Well Depth a Sign of Bigger Gains?
December 17, 2024 10:39 PM AEDT| By Team Kalkine MediaHighlights,Arrow Exploration successfully drills to target depth at Alberta Llanos-1.,Enhanced extraction methods utilized to optimize well performance.,Progress contributes to the company’s production and resource portfolio.,Arrow Exploration,(TSXV:...

Why Is PrairieSky Royalty Stock Struggling Despite Strong Market Trends?
December 17, 2024 08:42 PM AEDT| By Team Kalkine MediaHighlights,PrairieSky Royalty's current ratio stands at 0.30,Market capitalization reported at C$6.80 billion,12-month stock range between C$21.22 and C$30.66,PrairieSky Royalty,(TSX:PSK),operates within the energy sector, focusing on oil and gas roy...

What Challenges Could Impact Peyto’s Dividend Strategy This Month?
December 16, 2024 08:22 PM AEDT| By Team Kalkine MediaHighlights,Peyto declares monthly dividend for December 2024, showcasing financial consistency.,Strategic drilling programs drive substantial productivity improvements on Repsol lands.,Rising costs and market risks present operational challenges for...

Why Is Tamarack Valley Energy Drawing Attention in the Energy Sector?
December 16, 2024 08:04 PM AEDT| By Team Kalkine MediaHighlights,Tamarack Valley Energy focuses on oil and gas exploration in Canada.,Operates across resource-rich basins with an emphasis on efficiency.,Implements sustainable practices aligned with industry developments.,The energy sector in Canada play...

Touchstone Exploration Inc. (TSX: TXP) Set to Expand Operations with $23 Million Acquisition in Trinidad and Tobago
December 14, 2024 12:36 AM AEDT| By Team Kalkine MediaHighlights,Touchstone expands its production footprint in Trinidad with the strategic $23M acquisition.,Access to Atlantic LNG and development opportunities bolster Touchstone’s growth trajectory.,Acquisition increases production by 2,080 boe/d, enha...

What Drives Bonterra’s Bold 2025 Budget Strategy?
December 14, 2024 12:23 AM AEDT| By Team Kalkine MediaHighlights,Bonterra Energy Corp. operates within the energy sector, focusing on exploration and production activities.,The company emphasizes growth through strategic land acquisitions and drilling advancements in key plays.,Bonterra's operations pri...

Will OPEC+ Supply Cuts Reshape Oil Market Trends for 2025?
December 14, 2024 12:05 AM AEDT| By Team Kalkine MediaHighlights,OPEC+ has delayed the rollback of production cuts, affecting global oil supply until 2027.,Institutional traders are increasing positions in crude oil, particularly in Brent crude.,China's oil imports have rebounded, suggesting potential d...

Tourmaline Oil Corp. (TSX:TOU) Shows Mixed Performance Amid Insider Activity
December 13, 2024 11:36 PM AEDT| By Team Kalkine MediaHighlights,Tourmaline Oil experiences fluctuations in stock value amid recent insider activity.,Senior officers make significant stock transactions.,Company explores oil and gas properties across key Canadian regions.,Tourmaline Oil Corp.,(TSX:TOU),,...
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