Energy & Utilities

  • 11:27 PM

    The Texas A&M Aggies and the Auburn Tigers will both be trying to pick up a win on Saturday when they battle at Jordan-Hare Stadium. Auburn was a 51-14 winner in its last match at home against Red Wolves. They covered the -20.5-point spread as favorites, while the total score of 65 sent OVER bettors

    Read more
  • 9:41 PM

    On Thursday, during market hours, BCE Inc. posted stronger third quarter results as consolidated adjusted EPS remained $0.825, above the Street’s estimates of $0.767. Revenue of $5.194 billion was stable with our $5.11 billion and consensus $5.16 billion. EBITDA of $2.13 billion was also mostly stable with our and consensus expectations of $2.06 billion and

    Read more
  • 8:16 PM

    July 29, 2016: Both Exxon Mobil Corp. (world’s largest publicly traded oil producer) and Chevron Corp.(  second-largest U.S.-based oil producer,) failed to meet street’s expectations on Friday. Chevron Corp (CVX.N) reported its worst quarterly loss since 2001 on Friday and Exxon Mobil Corp (XOM.N) posted a 59 % slide in profit. Exxon’s $1.7 billion second-quarter profit was

    Read more
  • 8:12 AM

    After market closed on Tuesday, Capstone Mining Corp. reported its 2015 operational and capex guidance, which is nearly in-line with our expectations. We noticed that, 2015 copper production outlook of 90kt is directly in line with our previous forecast of 89.3kt. We have made moderate revisions to our assumed grade and recovery profiles and now

    Read more
  • 9:35 AM

    In recent fourth quarter results, Cameco Corporation’s EPS of 52¢ remained far better than Street’s 31¢ estimate and our 32¢ forecast, mainly due to favourable exchange rate movement. Additionally, analysts believe following reasons after Cameo’s performance: (a) cash costs dropped by 8.95%, mainly on higher production volumes, the cessation of standby charges at the McClean

    Read more
  • 2:49 PM

    Before market opened on Thursday, Tourmaline Oil Corp posted weaker than expected second quarter results. The second quarter production of 109.10 million barrels of oil (equivalent) per day (86% gas) was 7% behind our estimate of 116.9 million barrels of oil (equivalent) per day (87% gas) and Street consensus of 117.7 million barrels of oil

    Read more
  • 11:15 AM

    Lundin Petroleum delivered poorer than anticipated cash flow per share/production in what was a mixed second quarter, with a number of unsuccessful appraisal wells (Gohta in particular) and further delays at Brynhild. While the delay and partly quiet exploration period during first half of 2014 has contributed to a poorer share price, we perspective the

    Read more
  • 1:18 PM

    On Wednesday during market hours, First Majestic Silver disclosed the lower-than-expected second quarter with adj. EPS of $0.03 missed our forecast and consensus of $0.07 because of 1.98% lower revenue and 2.1% higher costs. The total cash cost for second quarter of $9.64 per ounce was more than our estimate of $9.49 per ounce but a

    Read more
  • 3:56 PM

    Equal Energy ltd disclosed mixed second quarter results on Thursday. Company reiterated production outlook. In spite of delays at Alliance and Lochend, the firm reiterated its second half production outlook of 11,298 to 11,795 BOE per day. We noticed that after acquiring Hunton, second quarter production of 9,467 BOE per day (45% natural gas) remained

    Read more
  • 6:42 AM

    On Thursday, before markets opened, Gibson Energy (GEI.TO) delivered mixed second-quarter earnings results with EPS of C$0.11 in-line of our expectations and Street’s estimates, while adj. EBITDA of C$83 million derived to some extent lower than our C$86 million and C$87 million consensus, where C$3 million variance resulted from bit loss in terminals and environmental

    Read more