Stocks

Payments Canada Appoints Susan Hawkins as President and CEO
July 01, 2024 11:39 AM AEST| By Team Kalkine MediaThe Payments Canada Board of Directors has announced the appointment of Susan Hawkins as the new President and CEO, effective August 12, 2024. This strategic move aims to strengthen Payments Canada’s leadership as it continues to modernize the nation...

Shell Announces Final Investment Decision for Polaris and Atlas Carbon Capture Projects
July 01, 2024 11:38 AM AEST| By Team Kalkine MediaShell Canada Products, a subsidiary of Shell plc, has announced the Final Investment Decision (FID) for the Polaris carbon capture project at the Shell Energy and Chemicals Park in Scotford, Alberta, Canada. Polaris is designed to capture approximate...

Rio Tinto Commits $165 Million to Refurbish Grande-Baie Smelter
July 01, 2024 11:37 AM AEST| By Team Kalkine MediaRio Tinto has announced a substantial investment of US$165 million (CA$226 million) in its Grande-Baie smelter to refurbish two anode baking furnaces that have reached the end of their operational life. This project will ensure the continued supply o...

Venture Global Launches Inaugural LNG Vessel, the Venture Gator
June 28, 2024 05:24 PM AEST| By Team Kalkine MediaVenture Global has marked a significant milestone with the successful launch of its first liquefied natural gas (LNG) vessel, the Venture Gator, at a ceremony held at Samsung Heavy Industries shipyard in Geoji-si, South Korea. This event signifies th...

SM Energy (NYSE: SM) Expands Portfolio with Acquisition of XCL Resources' Uinta Basin Assets
June 28, 2024 05:22 PM AEST| By Sonal GoyalSM Energy Company (NYSE: SM) has announced a significant strategic move with the acquisition of Uinta Basin oil and gas assets from entities affiliated with XCL Resources, LLC. This acquisition, valued at $2.55 billion, underscores SM Energy's commit...

Obsidian Energy (TSX: OBE) Completes Strategic Acquisition in Peace River Area
June 27, 2024 05:26 PM AEST| By Team Kalkine MediaObsidian Energy Ltd. (,TSX: OBE,) (NYSE American: OBE),has successfully closed its previously announced acquisition, adding approximately 1,700 barrels of oil equivalent per day (boe/d) of Clearwater production and 148 net sections of land in the Pea...
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Pembina Pipeline (TSX: PPL; NYSE: PBA) Announces $950 Million Senior Unsecured Notes Offering
June 27, 2024 05:24 PM AEST| By Team Kalkine MediaPembina Pipeline Corporation (TSX: PPL; NYSE: PBA) has announced its plan to issue $950 million in senior unsecured medium-term notes. The offering will be conducted in three tranches and is expected to close on June 28, 2024.,Details of the Offering...

Pembina Pipeline (TSX: PPL; NYSE: PBA) Announces Redemption of Series 19 Notes
June 27, 2024 05:22 PM AEST| By Team Kalkine MediaPembina Pipeline Corporation (TSX: PPL; NYSE: PBA) has announced its intention to redeem all or part of its outstanding $300 million senior unsecured medium-term notes, series 19, due 22 June 2026. The redemption is set for 6 July 2024, at a price of...

Petrus Resources (TSX: PRQ) Initiates Normal Course Issuer Bid to Enhance Shareholder Value
June 26, 2024 04:47 PM AEST| By Team Kalkine MediaPetrus Resources Ltd. (,TSX: PRQ,) has announced its intention to renew its normal course issuer bid (NCIB), following acceptance from the Toronto Stock Exchange (TSX). This initiative allows Petrus to repurchase up to 6,218,596 common shares over th...

Vittorio Valsecchi Increases Stake in Prospera Energy (TSX-V: PEI; OTC: GXRFF; FRA: OF6B) with New Acquisition
June 26, 2024 04:45 PM AEST| By Team Kalkine MediaVittorio Valsecchi has acquired an additional 550,000 common shares of Prospera Energy Inc. (,TSX-V: PEI,; OTC: GXRFF; FRA: OF6B) at approximately C$0.065 per share, totaling an investment of C$35,750. This acquisition boosts his holdings in the comp...

Haisla Nation and Pembina Pipeline (TSX: PPL; NYSE: PBA) Announce Positive Investment Decision on Cedar LNG Project
June 26, 2024 04:42 PM AEST| By Team Kalkine MediaThe Haisla Nation and Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA), joint partners in Cedar LNG Partners LP, have announced a positive Final Investment Decision (FID) on the Cedar LNG Project. This ambitious endeavor involves a floating liquefi...

2 High-Yield TSX Dividend Stocks Positioned for Growth
June 26, 2024 02:36 PM AEST| By Team Kalkine MediaThe Bank of Canada has recently begun to cut key interest rates after a series of aggressive hikes implemented to curb inflation. While these measures have slowed economic activity and cooled inflation, the resulting high-interest-rate environment ha...

Can Air Canada Stock Bounce Back in 2024?
June 26, 2024 02:35 PM AEST| By Team Kalkine MediaAir Canada (TSX:AC) has faced significant challenges over the past five years, making it one of the worst-performing Canadian stocks, even when compared to other,TSX industrial stocks,. The stock has declined by 57%, even as the broader markets have...
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Investing in BCE Inc. for Long-Term Dividend Income
June 26, 2024 02:31 PM AEST| By Team Kalkine MediaInvesting in,TSX dividend stocks,with a reliable track record of paying distributions can provide returns far superior to the interest income from a high-interest savings account. BCE Inc.has historically been an excellent investment for those seekin...

Advantage Energy (TSX: AAV) Completes $445 Million Acquisition of Charlie Lake and Montney Assets
June 25, 2024 05:14 PM AEST| By Team Kalkine MediaAdvantage Energy Ltd. (,TSX: AAV,) has successfully finalized its acquisition of Charlie Lake and Montney assets from a private seller for $445 million. This strategic acquisition aligns with Advantage's goal to consolidate high-quality, liquids-weig...

Royal Bank of Canada (TSE: RY) Expects Continued Easing in Canadian Inflation Rates
June 24, 2024 04:11 PM AEST| By Team Kalkine MediaThe Royal Bank of Canada (TSE: RY) anticipates that the Canadian inflation figures set to be released on Tuesday, June 25, 2024, will indicate a further reduction in price pressures. The consumer price index (CPI) growth is projected to decrease to 2...

B2Gold Sells 79 Million Shares of Calibre Mining Corp. (TSX: CXB) to New Investors
June 24, 2024 04:09 PM AEST| By Team Kalkine MediaCalibre Mining Corp. (,TSX: CXB,; OTCQX: CXBMF), a prominent mining company, has announced a significant transaction involving B2Gold Corp. B2Gold has sold 79 million shares of its Calibre stake to new long-term shareholders at a price of C$1.76 per...

Hertz (NASDAQ: HTZ) Announces $750 Million Notes Offering to Strengthen Liquidity
June 21, 2024 04:21 PM AEST| By Team Kalkine MediaHertz Global Holdings, Inc. (,NASDAQ: HTZ,), a prominent player in the global rental car industry, has unveiled plans for a substantial financial move aimed at bolstering its liquidity. The company, through its wholly-owned subsidiary, The Hertz Corp...
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Empire Company (TSX: EMP.A) Reports Q4 and Full-Year 2024 Financial Results, Announces Dividend Increase
June 21, 2024 04:20 PM AEST| By Team Kalkine MediaEmpire Company Limited (,TSX: EMP.A,) has released its financial results for the fourth quarter and the full year ending May 4, 2024. The company reported net earnings of $148.9 million ($0.61 per share) for the fourth quarter, a decline from $182.9...

2 Leading Dividend Stocks in Canada
June 21, 2024 01:16 PM AEST| By Team Kalkine MediaWhether a beginning investor or an experienced one, holding quality dividend stocks in a portfolio can be a wise decision. Incorporating dividend stocks not only provides steady income but also increases the chances of capital appreciation in the lon...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024