The majority of large oil and gas companies have maintained a strict post-pandemic spending discipline, but with a major rise in earnings, capex budgets are also going up in 2023
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,973.22, down 16.95 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 27 cents, or 0.66 per cent, to $40.66 on 14.1 million shares. Argonaut Gold Inc. (TSX:AR). Materials. Up nine cents, or 21.95 per cent, to 50 cents on 10.4 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Up 56 cents, or 2.49 per cent, to $23.03 on 8.5 million shares. Cenovus Energy Inc. (TSX:CVE). Ene
Cenovus (CVE) anticipates its natural gas business to increase by as much as 25% in the coming years due to higher prices.