Page 30 - Arc Resources News Today

Canadas main stock index closed the week setting another new high, with strong jobs reports along with crude price gains and positive earnings reports lifting the heavyweight energy sector.

The climate plans of eight Canadian oil and gas producers are ‘wholly out of line’ with Canada’s climate goals

North American stock markets were relatively flat Tuesday as investors eagerly await the start of third-quarter earnings reports and the latest monthly inflation numbers.

TORONTO — North American stock markets were relatively flat Tuesday as investors eagerly await the start of third-quarter earnings reports and the latest monthly inflation numbers.The third quarter . . .

Arc Resources: Q2 Earnings Snapshot July 30, 2021 FacebookTwitterEmail CALGARY, Alberta (AP) _ Arc Resources Ltd. (AETUF) on Thursday reported a loss of $100.1 million in its second quarter. The Calgary, Alberta-based company said it had a loss of 14 cents per share. Losses, adjusted for asset impairment costs, came to 13 cents per share. The oil and natural gas company posted revenue of $1 billion in the period. Arc Resources shares have climbed 62% since the beginning of the year. The stock h...

This High-Leverage Energy Stock Is Poised to Continue Soaring More on: Image source: Getty Images The energy sector is one that’s been on a bit of a roller-coaster ride of late. Largely viewed as an undervalued sector last year, investors are starting to wonder what kind of value might be left among energy stocks today. Indeed, this view makes sense, as valuations continue to hover around all-time highs on a backward-looking basis. That said, I think there are still pocke...

Demand has increased for gas thats used for cooling houses, something thats typical this time of year, although temperatures have soared beyond normal in western provinces. "Obviously weve seen some record temperatures in various parts of the country in the last couple of days, and thats clearly driving part of the move in the natural gas space," said Mike Archibald, vice-president and portfolio manager with AGF Investments Inc. The August natural gas contract was up 3.7 cents at US$3.63 per m...

TORONTO — Canadas main stock index partially recovered from last weeks heavy losses as a bipartisan infrastructure deal in the United States drove crude oil prices above US$74 a barrel.The US$1.2-. . .

Tourmaline Oil Corp. is beefing up its North Montney Shale holdings with the C$1.1 billion ($900 million) purchase of privately held Black Swan Energy

TSX falls 0.1% to 19,290.98 05/06/2021 | 05:27pm EDT Send by mail : Message : * The Toronto Stock Exchanges TSX falls 0.10 percent to 19,290.98  * Leading the index were Endeavour Silver Corp , up 10.0%, ARC Resources Ltd, up 8.5%, and SSR Mining Inc, higher by 8.1%. * Lagging shares were Lithium Americas Corp, down 9.0%, Trillium Therapeutics Inc, down 7.8%, and AcuityAds Holdings Inc, lower by 7.6%. * On the TSX 125 issues rose and 102 fell as a 1.2-to-1 ratio favored a...