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Tag: oilpatch
Oilpatch firms in for an ugly third quarter as crude doldrums linger
2015-10-25 16:25:27| Energy - Topix.net
A bevy of oilsands producers are on deck to report their quarterly earnings over the next few weeks - and industry watchers are under no illusion they'll be pretty. It's been about a year since the price of oil started its nosedive to below US$50 a barrel, and crude has been camping out at that level for months.
Tags: quarter
firms
ugly
crude
Oilpatch deals expected to be sluggish
2015-10-15 00:09:34| Energy - Topix.net
Just because oilsands giant Suncor Energy is aiming to gobble up one of its smaller peers doesn't mean others in the oilpatch are eager to do the same just yet, industry players told an energy conference Wednesday. The pace of mergers and acquisitions in the industry is expected to be relatively limited for the time being, said Drew Ross, managing director of Scotia Waterous, the arm of Scotiabank that focuses on oil and gas deals.
Tags: expected
deals
sluggish
oilpatch
Oilpatch deals expected to be sluggish
2015-10-14 23:32:32| Oil & Gas - Topix.net
Just because oilsands giant Suncor Energy is aiming to gobble up one of its smaller peers doesn't mean others in the oilpatch are eager to do the same just yet, industry players told an energy conference Wednesday. The pace of mergers and acquisitions in the industry is expected to be relatively limited for the time being, said Drew Ross, managing director of Scotia Waterous, the arm of Scotiabank that focuses on oil and gas deals.
Tags: expected
deals
sluggish
oilpatch
Oilpatch pain persists as Cenovus to cut 300 to 400 more jobs this year
2015-07-31 04:52:51| Energy - Topix.net
Cenovus CEO Brian Ferguson speaks at the company's annual general meeting in Calgary, Alta., Wed., April 29, 2015. It's another gloomy day in the oilpatch with oilsands giant Cenovus Energy Inc. announcing 300 to 400 jobs cuts in its Calgary office by year-end.
Heavy weather, oilpatch slump lower H&E profit
2015-07-30 15:24:12| Industrial Machines - Topix.net
Heavy rains in May and a slumping oil industry put a damper on the second-quarter results of H&E Equipment Services Inc., a Baton Rouge-based construction-equipment supplier. H&E's profit dipped to $11.5 million, or 33 cents per share, compared to $15.7 million, or 45 cents per share, a year ago.
Tags: lower
heavy
weather
profit