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Oilpatch, Bay Street take stock of NDP election victory in Alberta
2015-05-06 23:29:44| Oil & Gas - Topix.net
The new reality of an orange-tinged Alberta was beginning to sink in across the oilpatch and Bay Street on Wednesday and, though there were some jitters, many are awaiting more details before they pass judgment. The NDP's election landslide victory in a province that's been a Progressive Conservative bastion for 44 years stunned Sonny Mottahed, president and CEO of Black Spruce Merchant Capital in Calgary.
Tags: street
stock
bay
election
Energy stocks hit as oilpatch takes stock of NDP election victory in Alberta
2015-05-06 18:38:09| Energy - Topix.net
The energy group as a whole was down about two per cent in late morning trading Wednesday, with big oilsand company Cenovus falling by about four per cent. The share price drop comes as crude prices are rising to around US$61.50 a barrel, an improvement from the US$50 level they hovered at for much of early this year.
Energy stocks hit as oilpatch takes stock of NDP election victory in Alberta
2015-05-06 18:24:35| Oil & Gas - Topix.net
The energy group as a whole was down about two per cent in late morning trading Wednesday, with big oilsand company Cenovus falling by about four per cent. The share price drop comes as crude prices are rising to around US$61.50 a barrel, an improvement from the US$50 level they hovered at for much of early this year.
Oilpatch firms selling stock to shore up finances, but who's buying?
2015-03-17 21:07:17| Oil & Gas - Topix.net
Energy firms have been looking to raise billions in financing by selling big chunks of their own stock - betting that investors smell a buying opportunity. There's been a flurry of equity offerings in recent weeks as the oilpatch looks for ways to cope with low oil prices.
Tags: stock
selling
buying
firms
Oilpatch firms selling stock to shore up finances, but who's buying?
2015-03-17 21:00:21| Energy - Topix.net
Energy firms have been looking to raise billions in financing by selling big chunks of their own stock - betting that investors smell a buying opportunity. There's been a flurry of equity offerings in recent weeks as the oilpatch looks for ways to cope with low oil prices.
Tags: stock
selling
buying
firms