09 November

BidaskClub upgraded shares of Carrizo Oil & Gas (NASDAQ:CRZO) from a sell rating to a hold rating in a research note released on Thursday morning. Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Carrizo Oil & Gas from $26.00 to $29.00 and […]

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09 November

In the red: Oil prices are plunging and that could be a drag on Canadian GDP in the quarters to come. The wider Canadian economy will soon start feeling the pain being endured by Alberta oil producers for the past few months, and that should give the Bank of Canada reason to pause before plotting […]

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09 November

Specialist Stephen Naughton, left, and trader Vincent Napolitano work on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. NEW YORK — U.S. stocks are falling Friday as technology and internet companies take steep losses. […]

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09 November

A federal judge in Montana on Thursday blocked the Trump administration’s permit allowing the Keystone XL pipeline and barred any construction of the long-delayed project until completion of a supplemental environmental review. Siding with environmentalists and indigenous rights groups, U.S. District Judge Brian M. Morris ruled that President Trump’s 2017 cross-border permit of the pipeline […]

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09 November

Canada’s main stock index fell on Friday and set for its biggest one-day percentage dip in nearly two weeks as energy shares were pressured by a plunge in oil prices. At 11:30 a.m. ET, the Toronto Stock Exchange’s S&P/TSX Composite index was down 79.09 points, or 0.51 per cent, at 15,278.38. The energy sector dropped […]

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09 November

U.S. oil prices continued to slide, dropping 0.7% to $60.23 a barrel after entering a bear market Thursday, a decline of more than 20% from their Oct. 3 high. Brent crude, the global benchmark, fell 0.7% to $70.14 a barrel, inching closer to a bear market . The moves continued to weigh on energy stocks, […]

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09 November

CALGARY – The Canadian proponent of the $10-billion Keystone XL crude pipeline says it remains committed to the project despite a Montana judge’s ruling that it must pass a further environmental review. The company has received the judge’s ruling and is reviewing it, said TransCanada Corp. spokesman Terry Cunha in a brief email on Friday. […]

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09 November

CALGARY, Nov. 8, 2018 /CNW/ – OIL AND GAS OPERATIONS Sales volumes averaged 80,471 Boe/d in the third quarter of 2018, including 29,831 Bbl/d or 37 percent liquids. Production was impacted by scheduled turnarounds at a third-party facility in Karr and Paramount’s 8-9 facility in Kaybob, as well as the Resthaven/Jayar sale. In addition, an […]

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09 November

CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to announce its third quarter 2018 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and […]

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09 November

CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) — Altura Energy Inc. (“Altura” or the “Corporation”) (TSXV: ATU) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2018. The unaudited interim condensed consolidated financial statements, and related management’s discussion and analysis (“MD&A”) will be available at www.sedar.com […]

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