Oil gas

How Will the Sale of 20% Stake in PEL 73 Impact ReconAfrica's Operations?
January 29, 2025 11:54 PM AEDT| By Team Kalkine MediaHighlights:,Reconnaissance Energy Africa Ltd. completes farm-down agreement with BW Energy Limited.,The sale includes a 20% working interest in Petroleum Exploration Licence 73 in northeast Namibia.,The transaction has received approval from the Nami...

Can Journey Energy's Crossing of Key Moving Average Trigger a Market Shift?
January 29, 2025 11:05 PM AEDT| By Team Kalkine MediaHighlights,Journey Energy Inc. operates in the energy sector, focusing on oil and natural gas production.,The stock recently surpassed its fifty-day moving average, trading at C$2.09.,Trading volume for the session reached 125,307 shares.,Journey Ene...

What Role Does Return on Equity Play in Trican Well Service's Recent Stock Surge?
January 29, 2025 12:32 AM AEDT| By Team Kalkine MediaHighlights:,Trican Well Service,(TSX:TCW),has seen a notable increase in its stock price.,Return on equity (ROE) serves as a critical indicator of the company’s financial efficiency.,A closer look at Trican Well Service's ROE can provide insights int...

Has CES Energy Solutions Broken Through a Key Technical Barrier?
January 28, 2025 11:52 PM AEDT| By Team Kalkine MediaHighlights:,CES Energy Solutions,(TSX:CEU),surpassed its two hundred-day moving average.,The stock reached a high of C$9.16 during trading.,The stock was last traded at C$8.81, with significant trading volume.,The energy sector includes companies inv...

What Lies Behind IPC's Recent Share Repurchase Activity?
January 27, 2025 10:23 PM AEDT| By Team Kalkine MediaHighlights:,International Petroleum Corporation (IPC) repurchased a total of 294,208 shares.,The shares were repurchased under IPC's normal course issuer bid (NCIB).,The repurchase period occurred from January 20 to January 24, 2025.,International Pe...

What Does Robert Zakresky’s Recent Stock Sale Really Mean for Coelacanth Energy?
January 25, 2025 05:31 AM AEDT| By Team Kalkine MediaHighlights,Coelacanth Energy Inc. President Robert Zakresky recently sold shares for CA$1.3m at an average price of CA$0.81.,Zakresky’s sale reduced his stake in the company by 8.3%.,Despite the sale, Zakresky retains a significant portion of shares...

Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) Launches Stimulation Campaign at Shenandoah Wells in Beetaloo Sub-Basin, Australia
January 25, 2025 12:09 AM AEDT| By Team Kalkine MediaHighlights,Falcon Oil & Gas, in partnership with Tamboran, commences stimulation at S2-2H ST1 and S2-4H wells.,Falcon reduces its participation in the Shenandoah South Pilot Project, significantly lowering 2025 capital expenditure.,Liberty Energy mob...

Is Kolibri Global Energy’s Surge a Sign of Sustained Growth?
January 24, 2025 12:33 AM AEDT| By Team Kalkine MediaHighlights,Kolibri Global Energy Inc. has experienced a 35% increase in share value over the last month.,Over the past year, the company’s stock has risen by 137%.,The energy sector continues to show strong performance with Kolibri Global Energy Inc....

Why Is ARC Resources Gaining Attention In Oil And Gas?
January 23, 2025 01:29 AM AEDT| By Team Kalkine MediaHighlights,ARC Resources operates in the oil and gas exploration sector.,The company maintains robust financial ratios and a substantial market capitalization.,ARC Resources reported impressive earnings in its recent quarterly results.,ARC Resources,...

Africa Oil Corp. (TSX: AOI) (Nasdaq-Stockholm: AOI) Announces USD 31.6 Million Dividend from Impact Oil & Gas Limited
January 23, 2025 12:50 AM AEDT| By Team Kalkine MediaHighlights,Africa Oil to receive approximately USD 31.6 million from Impact Oil & Gas dividend distribution.,Dividend follows Impact’s receipt of USD 99 million from TotalEnergies farm-down transaction.,Payment of USD 0.0702 per share will be made to...

Could NuVista Energy’s ROE Be Behind Its Recent Market Success?
January 22, 2025 11:58 PM AEDT| By Team Kalkine MediaHighlights,NuVista Energy's stock has increased by twenty-nine percent over the past three months.,Focus on return on equity (ROE) as a key performance indicator for the company's stock movement.,The performance of NuVista Energy is being examined in...

What Can Cespira's New CEO, Carlos Gonzalez, Offer to Westport Fuel Systems' Growth?
January 22, 2025 11:39 PM AEDT| By Team Kalkine MediaHighlights,Westport Fuel Systems announces new CEO for Cespira joint venture with Volvo Group,Carlos Gonzalez brings over two decades of experience in the automotive and commercial vehicle sectors,Appointment effective April 1, 2025, with Dan Sceli r...

How Is Enbridge’s Stock Performance Reflecting Market Conditions in 2025?
January 22, 2025 11:12 PM AEDT| By Team Kalkine MediaHighlights:,Enbridge operates in the energy sector, focusing on pipeline transportation and distribution of oil, natural gas, and renewable energy.,The stock has fluctuated between a 12-month low of C$45.05 and a high of C$65.62.,Enbridge’s market ca...

Africa Oil Corp. (TSX: AOI) Announces Further Share Repurchases Under Ongoing Buyback Program
January 20, 2025 11:53 PM AEDT| By Team Kalkine MediaHighlights,517,300 shares repurchased between January 13 and January 17, 2025, as part of buyback program.,Total of 3.6 million shares repurchased under the program since December 2024.,Up to 18.36 million shares may be repurchased through December 2...

What Factors Are Shaping CanAsia Energy Corp.'s Financial Performance in 2024?
January 20, 2025 11:49 PM AEDT| By Team Kalkine MediaHighlights:,CanAsia Energy Corp.,(TSXV:CEC),has reported a net income of CA$1.95 million for the first nine months of 2024.,The company maintains a debt-free balance sheet with CA$7.8 million in short-term assets, covering both short- and long-term l...

Is NuVista Energy Demonstrating Resilience in the Energy Market?
January 20, 2025 11:16 PM AEDT| By Team Kalkine MediaHighlights,Overview of NuVista Energy's financial metrics and operational structure.,Examination of the company’s stock performance over the past year.,Insights into the broader energy market and NuVista Energy's positioning.,The energy industry rema...

How Is Topaz Energy Performing in the Market?
January 20, 2025 11:04 PM AEDT| By Team Kalkine MediaHighlights,Overview of Topaz Energy's recent stock price trends and performance metrics.,Key financial ratios and market cap details highlighting the company's position.,Insights into the stock’s 52-week high, low, and historical averages.,Topaz Ener...

Has AltaGas Ltd. Outpaced the Market?
January 20, 2025 10:55 PM AEDT| By Team Kalkine MediaHighlights:,AltaGas Ltd.,(TSX:ALA),has experienced a 71% increase in its share price over the past five years.,Recent weekly gains have drawn attention to the company's performance.,The correlation between long-term returns and business fundamentals...

What Has Contributed to the Recent Surge in PetroTal Corp.'s Stock Price?
January 17, 2025 11:38 PM AEDT| By Team Kalkine MediaHighlights,PetroTal Corp.,(TSX:TAL),saw a 27% increase in stock price last month.,Despite the recent surge, the stock remains down 14% over the past year.,The company’s low P/E ratio of 4x contrasts with higher market averages in Canada.,The oil and...

PetroTal Corp. (TSX: TAL) Announces 2025 Guidance with Production Growth and Stable Dividend Policy
January 17, 2025 06:05 PM AEDT| By Team Kalkine MediaHighlights,Target average production of 21,000 - 23,000 bopd, a 24% increase from 2024.,Capital investment of $140 million, focusing on drilling, infrastructure, and erosion control.,Stable quarterly dividend of $0.015/share, consistent with 2024 lev...
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