01 April

The Ninian Central Platform North Sea newcomer Decipher Energy has delivered first oil from the Orlando field less than two years after taking over the 10 million barrel project from a victim of the downturn. Bosses at Decipher, founded in 2016, said Orlando was just the start for the Aberdeen firm as it presses ahead […]

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31 March

Summary The U.S. assets limited the impact of the depressed Canadian oil prices during Q4. Management will focus on reducing the net debt. Considering the U.S. assets, the market values the company at a smaller discount compared with other Canadian oil and gas producers. Thanks to its Eagle Ford assets in the U.S., Baytex Energy […]

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31 March

An ArcelorMittal Riverdale steelworker monitors a hot strip of steel during the descale process. Steel executives told the Congressional Steel Caucus that Section 232 protections remain essential but suggested that would be open to hard quotas instead of tariffs on imports from Canada and Mexico, which the administration has suggested as it negotiates a new […]

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31 March

Hess logo Shares of Hess Corp. (NYSE:HES) have been given a consensus rating of “Hold” by the sixteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have assigned a buy recommendation to the company. […]

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30 March

Among the biggest problems many retirees face is that while they live on a fixed income stream, their expenses tend to grow, especially medical costs. That can force some retirees to take less-than-desirable actions such as getting a second job to bolster earnings or cutting spending by forsaking things they enjoy. Another way retirees could […]

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30 March

United Conservative Party leader Jason Kenney poses for a photo with a dog and its owner as he attends a rally as part of the UCP campaign platform roll out in Calgary, Alta., Saturday, March 30, 2019.THE CANADIAN PRESS/Jeff McIntosh CALGARY – The United Conservatives are promising to get Alberta’s books out of the red […]

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30 March

It’s no secret that the Canadian energy sector is under fire. The biggest headwind has been a lack of transportation infrastructure. Last year, burgeoning production overwhelmed regional pipelines, forcing Alberta to limit the output of local operators. While these limits have been eased recently, there’s no doubt that new pipelines need to be built to […]

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30 March

HRT Financial LLC grew its position in Pioneer Natural Resources (NYSE:PXD) by 108.7% in the fourth quarter, Holdings Channel reports. The fund owned 3,107 shares of the oil and gas development company’s stock after buying an additional 1,618 shares during the period. HRT Financial LLC’s holdings in Pioneer Natural Resources were worth $408,000 as of […]

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30 March

Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term. Crude oil stocks (Click to enlarge) US crude stocks (Click to enlarge) US Crude (Click to enlarge) Domestic production (Click to enlarge) (Click to enlarge) Gasoline prices (Click to enlarge) Friday, […]

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30 March

(MENAFN – Investor Ideas) Oil & Gas Firm with ‘Multibagger Return Potential’ Trading at Discount Source: Streetwise Reports March 29, 2019 (Investorideas.com Newswire) A Mackie Research Capital Corp. report reviewed what a newly acquired oil resource in Alberta brings to this Canadian company. In a March 14 research note, analyst Bill Newman reported that Point […]

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