05 August

Reduced oil demand and enough space on typically congested pipelines sent Canada’s crude-by-rail exports plummeting to their lowest levels in four years in May, data from Canada Energy Regulator showed . In May, Canadian exports via rail plunged by 63 percent compared to April, to just 58,048 barrels per day (bpd). The crude-by-rail exports had […]

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05 August

Stocks chosen for our portfolio are rewarded for superior rates of dividend growth and revenue growth, as well as for high yields and low payout ratios. Operating cash flow over the past 12 months must be positive, and sufficient to cover the dividend, notes John Dobosz , editor of Forbes Dividend Investor . They also […]

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04 August

Canadian heavy crude’s discount widened to more than $10 a barrel versus West Texas Intermediate (WTI) on Tuesday, the first day of the September trading cycle, as production climbs, traders said. Western Canada Select (WCS) heavy blend crude for September delivery in Hardisty, Alberta, traded at $11.15 per barrel below WTI. Prices for August ended […]

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04 August

TORONTO – International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis for the six months ended June 30, 2020. Business Update Forecast 2020 net average production revised upwards to 37,000 to 40,000 barrels of oil equivalent per day (boepd) from […]

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04 August

Canadian Natural Resources logo Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) is set to post its quarterly earnings results before the market opens on Thursday, August 6th. Analysts expect Canadian Natural Resources to post earnings of ($0.58) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using […]

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03 August

USD/CAD Video 03.08.20. Resistance At The 20 EMA Stays Strong USD/CAD tried to gain more upside momentum but faced resistance at the 20 EMA at 1.3450 as the U.S. dollar rebounded against a broad basket of currencies while WTI oil returned back above the key $40 level. The U.S. Dollar Index continued its rebound and […]

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03 August

Kevin Neveu, President and CEO, Precision Drilling joins BNN Bloomberg to discuss the company’s latest earnings as the oil and gas sector continues to face headwinds. He says that he is hopeful about the future of the sector and the worst the sector had to endure is behind it. See Full Stock Page » CALGARY […]

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03 August

Source: Maurice Jackson for Streetwise Reports Maurice: Joining us for our conversation is Peter Ball of NV Gold Corp. (NVX:TSX.V; NVGLF:OTC) . We’re delighted to have you back on the program as NV Gold continues to have more and more exciting news for shareholders, coming from the newly acquired high-grade Exodus Gold Project located in […]

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02 August

RBC Capital analyst Gregory Pardy maintained a Hold rating on Baytex Energy ( BTE ) on July 30 and set a price target of C$0.70. The company’s shares closed last Friday at $0.47. According to TipRanks.com , Pardy has 0 stars on 0-5 stars ranking scale with an average return of -7.1% and a 41.1% […]

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02 August

Construction continues on the Trans Mountain pipeline expansion at the Westridge Terminal in Burnaby, BC Thursday, July 2, 2020. There was no oil tanker traffic out of Burrard Inlet in July, according to figures released by a group opposed to the federal government’s Trans Mountain pipeline expansion. The statistics show that during the first six […]

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