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Oilpatch firms in for an ugly third quarter as crude doldrums linger

2015-10-25 16:32:14| Oil & Gas - 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.

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Oilpatch firms in for an ugly third quarter as crude doldrums linger

2015-10-25 16:25:27| Energy - Topix.net

Tags: quarter firms ugly crude

14:02 KMGEP produces 0.3%-more crude oil in 9 months of 2015

2015-10-23 20:45:02| Oil & Gas - Topix.net

KMG EP produced 9,245,00 tonnes of crude oil , including the Company's stakes in Kazgermunai , CCEL and PetroKazakhstan Inc. , which is 0.3% more than in the same period of 2014. Ozenmunaigas JSC produced 4,115,000 tonnes , an increase of 123,000 tonnes or 3% over the same period of 2014.

Tags: of months oil produces

Canadian Pacific - Despite Low Crude, Earnings Rise

2015-10-23 12:40:16| Railroads - Topix.net

Canadian Pacific's third quarter earnings, released Tuesday, renews our view that the company offers superior return opportunities versus its peers. Railroad companies in general have significantly underperformed the market over the last year, creating a more attractive entry point for long-term investors based on a variety of valuation metrics.

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