Oil & Gas Stocks

3 best TSX oil & gas stocks to energize your portfolio

3 best TSX oil & gas stocks to energize your portfolio

Highlights Oil prices had noted quite a surge amid concerns around a shortage of supply around the world. Earlier in October, the prices zoomed to their highest since November 2014. Canada’s weekly oil exports to the US expanded to 4.04 ...

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Inter Pipeline (TSX:IPL) Faces Hostile Takeover By Brookfield (BIP.UN)

Inter Pipeline (TSX:IPL) Faces Hostile Takeover By Brookfield (BIP.UN)

Summary 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$...

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Cenovus (TSX:CVE) Stocks Drop After Reporting Loss in Q4 2020

Cenovus (TSX:CVE) Stocks Drop After Reporting Loss in Q4 2020

Summary 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...

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Suncor (TSX:SU) Stocks Recovering From COVID Lows?

Suncor (TSX:SU) Stocks Recovering From COVID Lows?

Summary 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 ...

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Boralex & Innergex: 2 Rising TSX Utility Stocks

Boralex & Innergex: 2 Rising TSX Utility Stocks

The 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 ...

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Imperial Oil Ltd. (TSX: IMO) Reports Higher Oil Production For Q4 2020

Imperial Oil Ltd. (TSX: IMO) Reports Higher Oil Production For Q4 2020

Summary 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. ...

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Enbridge (TSX:ENB) & Cenovus (TSX:CVE): 2 Active Energy Stocks

Enbridge (TSX:ENB) & Cenovus (TSX:CVE): 2 Active Energy Stocks

Summary 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...

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Is Canada’s EV Market Heading For A Boom?

Is Canada’s EV Market Heading For A Boom?

Summary 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...

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Exxon & Chevron Merger On Cards?

Exxon & Chevron Merger On Cards?

Summary 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...

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Why Solar Alliance Energy (TSXV:SOLR) Stock Popped By 21%?

Why Solar Alliance Energy (TSXV:SOLR) Stock Popped By 21%?

Summary 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...

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Trans Mountain Pipeline In Spotlight After Keystone XL’s Cancelation

Trans Mountain Pipeline In Spotlight After Keystone XL’s Cancelation

Summary 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...

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