Page 6 - Paramount Resources News Today

After a weak start and a subsequent sharp fall Thursday morning, the Canadian market recovered slowly as the day progressed, but still ended the session on a negative note as losses in communications and utilities sectors offset gains in energy, technology and realty sections.

Paramount Resources Ltd. (TSE:POU – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$24.75 and last traded at C$24.77, with a volume of 42642 shares trading hands. The stock had previously closed at C$25.20. Wall Street Analysts Forecast Growth A number […]

The Canadian market is down firmly in negative territory Friday afternoon, with losses in materials, communications and utilities sectors offsetting a fine performance by stocks in the technology space.

The Canadian market is down firmly in negative territory Friday afternoon, with losses in materials, communications and utilities sectors offsetting a fine performance by stocks in the technology space.

E&Ps are turning north toward Canadian shale plays as Lower 48 M&A opportunities shrink, and Chevron aims to monetize its footprint in Alberta’s Duvernay play.

As Chevron Corp markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms that are boosting investment in a region that has yet to fulfil its potential, analysts say.

Equities in Canada’s largest market wobbled somewhat Wednesday, finally coming down in the red, weighed most by resource concerns, as investors tried to shake off the Bank of Canada’s decision on interest rate, or lack of it. The TSX Composite ...

Paramount Resources Ltd. (TSE:POU – Get Free Report) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that […]

Equities in Canada’s largest market wobbled somewhat Wednesday, finally coming down in the red, weighed most by resource concerns, as investors tried to shake off the Bank of Canada’s decision on interest rate, or lack of it. The TSX Composite ...

The Canadian market is down sharply on Wednesday with stocks from across several sectors reeling under a severe bout of selling pressure amid fading hopes of early rate cuts from the Federal Reserve.