Varcoe: More action expected in oilpatch, but not by Crescent Point after $4B makeover
Craig Bryksa has been helping drive a major M&A wave in the Canadian oilpatch this year.
Source: edmontonjournal.com
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Will natural gas prices keep rising?
Winter will have an impact on how quickly we draw down natural gas inventory
Source: theglobeandmail.com
Occidental Won't Increase Oil Output Despite Soaring Crude
Occidental Petroleum Corp. will not be increasing oil output, with its CEO saying that the recent surge in oil to above $90 per barrel is happening without balance in the market
Eric Nuttall Charles Kennedy Vicki Hollub Bloomberg Television Occidental Petroleum Corp Enverus Intelligence Research
Source: oilprice.com
Small Oilfield Service Companies May Have Big Upside
As major oilfield service companies surge, smaller firms like ProFrac Holdings are poised for a significant market rebound, driven by shifting rig counts and strategic acquisitions.
Source: oilprice.com
Canadian oil and gas stocks soar but remain a tough sell for investors
ESG pressures and a summer filled with natural disasters have contributed to urgency around a transition away from fossil fuels
Source: theglobeandmail.com
Hedge Fund Partner Blasts Oil Demand Decline Narrative
Eric Nuttall, senior portfolio manager at Ninepoint Partners, has been hitting back at the narrative that oil demand is in decline, pointing out that oil consumption is at record highs.
Charles Kennedy Eric Nuttall Oil Market Report On International Energy Agency Oil Market Ninepoint Partners
Source: oilprice.com
Money managers divided on energy's prospects as demand for oil hits 'highest point in history'
One expert expects global oil inventories to end 2023 at the lowest point in more than eight years and fall even further in 2024, putting upward pressure on the price of oil
Source: theglobeandmail.com
Why this may be a great opportunity to buy energy before oil rebounds
Things are lining up for a large and sudden rise in oil prices, making now one of the best opportunties to invest in energy. Find out more.
Source: leaderpost.com
Strathcona Resources buys Pipestone Energy to become $11B public firm
Privately held Strathcona Resources will buy Pipestone Energy and go public, giving it an initial enterprise value of $11.5 billion.
Source: calgaryherald.com
Chris Varcoe: Strathcona Resources going public, after Pipestone deal creates $8.6B producer
Privately held Strathcona Resources will buy Pipestone Energy and go public, giving it an initial enterprise value of $11.5 billion.
Source: edmontonjournal.com