|Bid||36.75 x 0|
|Ask||36.90 x 0|
|Day's Range||36.08 - 36.99|
|52 Week Range||36.08 - 49.08|
|Beta (3Y Monthly)||2.71|
|PE Ratio (TTM)||17.11|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.34 (3.58%)|
|1y Target Est||56.35|
The discount applied to Canadian heavy oil makes oil sands producers Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) and Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) unattractive plays on higher oil.
Capital Power Corp. (TSX:CPX) is looking overvalued today compared to one profitable competitor.
Royal Dutch Shell's name is being removed from a tiny 65-year-old employee credit union as its visibility in the Alberta oil and gas industry continues to shrink in the wake of the sale of most of its oilsands assets last year. The rebranding of the Shell Employees' Credit Union as Spark the Energy Credit Union (a name chosen in part because the initials stay the same) was celebrated Thursday at its only branch on the main floor of Shell Canada's downtown Calgary headquarters. It follows a vote in June in which individual members who own the credit union voted 96 per cent in favour of moving to a brand that would allow growth by being more inclusive of a broader Alberta energy worker market.
NEW YORK, NY / ACCESSWIRE / October 18, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
The oil sands king Canadian Natural Resources (TSX:CNQ)(NYSE:CNQ) looks like a bargain ripe for the picking.
A value stock, Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) and a dividend stock, Freehold Royalties Ltd. (TSX:FRU), are two energy stocks for your TFSA.
Trading below book value, with natural gas production representing 20% of total production, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) will see a huge benefit from rising natural gas prices.
Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and other energy stocks may continue to struggle in the final months of 2018.
The mantra goes along the lines of, “To do something once is chance, twice is coincidence, three ...
Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces in connection with its previously announced Normal Course Issuer Bid ("NCIB") to purchase up to 61,424,856 of its common shares (“Shares"), it entered into an Automatic Securities Purchase Plan ("ASPP") with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods.
Western Canadian Select’s discount for November fell 65 cents to $41.40 a barrel Wednesday, the biggest since November 2013, data compiled by Bloomberg show. The plunge came as new supply from Suncor Energy Inc.’s Fort Hills mine helps to fill pipelines to capacity. “If you get this sustained wide differential, you are going to see these guys start to ramp down production,” Mike Walls, a Genscape Inc. analyst, said by phone.
CALGARY, Oct. 2, 2018 /CNW/ - Today, Fuelled Energy Marketing Inc. (Fuelled), an online energy equipment marketplace platform, announced that it has acquired PNG Equipment Ltd. (PNG) in an all-cash transaction. With the acquisition of PNG, Fuelled will add over 4,500 equipment listings to its platform and onboard new clients including Canadian Natural Resources Limited (TSE:CNQ.TO - News), one of the world's largest independent crude oil and natural gas producers. Separately, Fuelled and PNG represent two of the largest energy equipment marketplaces in Canada. Collectively, Fuelled and PNG will now have access to an increased equipment data set, allowing for greater insights into the buying and selling trends of the energy equipment industry.
Freehold Royalties Ltd. (TSX:FRU) and Canadian Natural Resources Inc. (TSX:CNQ) (NYSE:CNQ) are top dividend stocks, yielding 5.62% and 3.14% respectively, to gain exposure to the booming energy space.
A positive final investment decision for LNG Canada could eventually encourage other projects to follow suit, creating demand needed to soak up Western Canada's glut of natural gas, producers say. The projects would eventually provide a market for gas companies that are now discouraged from increasing production by low prices linked to fierce U.S. competition and Canadian pipeline capacity shortfalls, said Steve Laut, executive vice-chairman of Canada's largest natural gas producing company, Canadian Natural Resources Ltd. of Calgary. Published reports have suggested LNG Canada, an estimated $40-billion gas liquefaction plant and pipeline that was delayed in 2016, could be officially sanctioned as early as next week.
Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) could be in a good position to ride out lower oil. Meanwhile, a value opportunity may be on the way.
Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces that Canadian Natural's offer to acquire all of the issued and outstanding common shares (the “Laricina Shares") of Laricina Energy Ltd. (“Laricina”) for $0.0815 per Laricina Share by way of a take-over bid (the "Offer"), as extended on September 13, 2018 for the mandatory 10-day extension period, expired at 11:59 p.m. (Mountain Daylight Time) on September 24, 2018. Since Canadian Natural's initial take up of 568,724,430 Laricina Shares on September 13, 2018, Computershare Investor Services Inc., the depositary, has reported that as at 11:59 p.m. (Mountain Daylight Time) on September 24, 2018, an additional 3,594,872 Laricina Shares (the "Additional Shares") were validly deposited under the Offer and not withdrawn.
Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) is expected to see a sharp rise in cash flows in 2019, sending the stock soaring.
While this oil company’s dividend yields more than 3% and it has increased its payout for the past 18 years, it’s far from a household name to income investors.
NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...