26 January

CALGARY – Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota through the purchase of a private rival for US$465 million. The Calgary-based company says it has agreed to buy Bruin E&P HoldCo, LLC, which has current production of about 24,000 barrels of oil equivalent per day. Enerplus says […]

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26 January

→ 5 Tech Stocks to Buy Immediately (Ad) Guinness Atkinson Asset Management Inc reduced its holdings in Chevron Co. (NYSE:CVX) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,220 shares of the oil and gas company’s stock after selling 280 […]

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26 January

DENVER, Jan. 26, 2021 /PRNewswire/ – Ovintiv Inc. (NYSE: OVV ) (TSX: OVV) today issued the following statement: Ovintiv has received Kimmeridge’s notice of its intent to nominate three director candidates to stand for election to our Board of Directors. We welcome discussions with all shareholders and have a history of open dialogue with all […]

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26 January

S&P has placed big oil on negative watch stating the increased environmental threats of methane gas, evolving government policies and an increase of renewable energy are all risks to the industry. BNN Bloomberg’s Tara Weber reports. See Full Stock Page » Big Oil suffered a fresh setback after one of the most influential rating companies […]

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26 January

The setting sun reflects off a tailings pond behind Syncrude’s oilsands upgrading facility north of Fort McMurray, Alta. on June 18, 2013. As a new U.S. president rejected the Keystone XL pipeline last week over climate concerns, a new survey came out that highlighted the differences between the Canadian and American oilpatch towards reducing greenhouse […]

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26 January

Expansion work on the Trans Mountain oil pipeline in Alberta. CALGARY/NEW YORK — The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other pipelines that are in the midst of expanding. U.S. President Joe Biden cancelled Keystone […]

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26 January

→ Big “Tech Shock” Coming… (Ad) North American Construction Group logo Morgan Stanley trimmed its position in North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) by 68.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,958 shares of the oil and […]

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26 January

Fox Business Flash top headlines for January 25 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. An investment firm plans to launch a proxy fight at Ovintiv Inc., arguing the oil-and-gas producer should alter its spending and improve governance to boost the company’s share price. Kimmeridge Energy Management Co. will […]

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25 January

→ "Do This" Before January 20th (Ad) Sunoco logo Proffitt & Goodson Inc. bought a new position in Sunoco LP (NYSE:SUN) in the fourth quarter, Holdings Channel reports. The firm bought 3,514 shares of the oil and gas company’s stock, valued at approximately $101,000. Other hedge funds also recently added to or reduced their stakes […]

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25 January

CALGARY, AB – Topaz Energy Corp. ( TSX: TPZ ) (“Topaz” or the “Company”) is pleased to announce that it has entered into a strategic alliance with a private midstream water company (“Co-Venturer”), and together, entered into definitive agreements to each acquire a working interest in certain water infrastructure assets from an E&P producer (“Producer”) […]

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