SeaDrill Limited (NYSE:SDRL) [Trend Analysis] moved up reacts as active mover, shares a gain 10.74% to traded at $1.34 and the percentage gap between open changing to regular change was 0.83%. Finally, analysts shed their light over the SDRL price targets; maintaining price high target of 5.75 while at average the price target was 1.39 in contrast with the current price of 1.24. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 3 analysts recommending BUY ratings for current month and for previous month 2 stands on similar situation; while 4 for the current month as compared to 4 analysts recommending for HOLD from the pool for previous month. While 2 analysts gave Underweight and 16 out of pool consider it as Sell for
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
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Canadian Natural Resources Limited Announces Quarterly Dividend
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By Ott Ummelas and Lars Erik Taraldsen
(Bloomberg) – Norway’s $1.3trn wealth fund blacklisted 15 companies last year, including Glencore, as part of a strategy by the world’s biggest sovereign investor to fight unethical conduct at some of the most powerful corporations.
Other companies added to the Oslo-based fund’s exclusion list in 2020 were RWE AG, Canadian Natural Resources Limited and Anglo American, the investing behemoth said in a report.
“We divest from companies where we no longer wish to be a shareholder for ethical or sustainability reasons,” the fund said. “By not investing in these companies, we reduce our exposure to unacceptable risks.”
Regina – Husky Energy, which was acquired by Cenovus Energy, had been Saskatchewan’s top oil producer for the first 11 months of 2020. According to the Saskatchewan Ministry of Resources, from January to November, 2020, Husky produced 31.7 million barrels of oil. It has been the dominant player in northwest Saskatchewan. That will now revert to Cenovus, as of Jan. 1, when the deal closed. Crescent Point Energy Corp. came in second, at 27.7 million barrels. Crescent Point is the leading player in southeast and southwest Saskatchewan, and an active driller in west central Saskatchewan. Whitecap Resources Inc. was third at 15.8 million barrels. Whitecap is active in southeast and southwest Saskatchewan.