Research firm Macquarie Equities Research upgraded BlackPearl Resources (PXX:TSX) from a NEUTRAL rating to an OUTPERFORM rating and reduced its target price to C$7.50 a share.
Poseidon Concepts executive Kostelecky Is Criminally Charged
Editors Note: Calgary's Poseidon Concepts was a market darling in 2011-2012, rising from $2.65 - $16 on the Toronto Stock Exchange. The company proclaimed it was so profitable making and selling frac water tanks, it started a dividend. But doubts in the Market...
El Paso Corp. (EP:NYSE) recently announced that the Ruby Pipeline is now in service, which could have a supstantial impact on the natural gas sector, according to analysts.
Canadian brokerage firm GMP Securities downgraded Trilogy Energy Corp (TET-TSX; TETZF-PINK) from a BUY to a HOLD today, but did not reduce its target price of $27.50 per share. The stock closed at $27.25 on Tuesday, and GMP said the downgrade was because the stock has already hit its...
THE ONLY JUNIOR LITHIUM PRODUCER IN THE WORLD:
OROCOBRE LIMITED (ORL-TSX)
I’ve been studying lithium all through 2016. Lithium and lead are the key to renewable energy like wind and solar. These “clean” power sources need enough power density in battery storage to make them economic on a large scale—and that...
The Set-Up: In February 2014 I wrote a story on how the US arm of brokerage Raymond James saw a lot of negatives for Canadian natural gas. Longer term that could be true but in this article OGIB guest writer Shaun Polczer—who was formerly an energy writer at the Calgary...
Dear OGIB Reader,
There is a definite seasonality to the oil and gas stocks in Canada—and generally speaking, the top is right now.
In both 2011 and 2012, the TSX Energy Index peaked out the first week of February. In 2010 it was the first week of January.
Each of the last...
There are a couple trends here everyone should be aware of—and it’s all good news for energy investors.THEME #1—DROP IN OIL PRICES MAY COME BUT NOT IN CASH FLOWFirst—the stocks of the major independent producers in the US like EOG (EOG-NYSE) and Pioneer (PXD-NYSE) have had great runs this...
