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December 11, 2012
05:55 EDTBTE, BTE, SU, SU, PWE, PWE, MUR, MUR, KWK, KWK, IVAN, IVAN, IMO, IMO, ERF, ERF, COP, COP, CNQ, CNQ, TLM, TLMCanadian Association of Petroleum Producers (CAPP) to hold a symposium
2012 CAPP Investment Symposium is being held in Toronto, Canada on December 10-12.
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October 6, 2015
15:37 EDTMURMurphy Oil files automatic mixed securities shelf
October 5, 2015
15:21 EDTSUCanadian Oils Sands to reject Suncor bid, unlikely to engage, Reuters says
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13:24 EDTSUCanadian Oil Sands says will review unsolicited Suncor offer
Canadian Oil Sands responded to the announcement by Suncor Energy that it is making an unsolicited offer to acquire all of the outstanding shares of Canadian Oil Sands. The board of directors of Canadian Oil Sands together with its advisors will review the Suncor offer and related take-over bid circular and will communicate a recommendation to shareholders as soon as possible, the company stated. The company had previously engaged RBC Royal Bank, as financial advisor, Osler, Hoskin & Harcourt, as legal advisor, and Kingsdale Shareholder Services, as strategic shareholder services advisor and information agent, who will now assist the board in responding. Shareholders will be promptly notified of any recommendation of the board through a news release and circular in accordance with the applicable securities law, Canadian Oil Sands said.
06:32 EDTSUSuncor commences offer for oustanding shares of COS Limited
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October 1, 2015
06:34 EDTPWEPenn West lowers FY15 production view to 84K-88K BOE/d from 86K-90K BOE/d
Penn West lowered its annual production guidance range as a result of the divestiture of its Weyburn Unit working interest and Mitsue properties to 84K-88K BOE/d from 86K-90K BOE/d. The company's capital budget for the year remains unchanged at $500M. Still expects operating costs for the year $19.25/boe-$19.75/boe with G&A for the year $2.80/boe-$3.05/boe.
06:32 EDTPWEPenn West announces sale of non-operated 9.5% working interest in Weyburn unit
Penn West announced that it has entered into a definitive agreement for the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of $205M, subject to closing adjustments customary in transactions of this nature. We intend to use the proceeds from this disposition to reduce our senior debt. Upon the completion of the sale of our Weyburn Unit working interest, we will have raised approximately $810M in total proceeds this year through our non-core asset disposition program. The following are some of the key metrics and implied transaction multiples for the Weyburn Unit working interest for first half 2015: Production of 2,500 bbl/d, Liquids Weighting of 100%, Operating cost of $11.50/bbl, nomralized operating cost of $25.00/bbl, and normalized field netback of $17.50/bbl.
06:32 EDTPWEPenn West announces sale of non-operated 9.5% working interest in Weyburn Unit
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05:21 EDTCOPStocks with implied volatility movement; GPS COP
Stocks with implied volatility movement; Gap (GPS) 34, ConocoPhillips (COP) 37 according to iVolatility.
September 30, 2015
12:34 EDTCOPConocoPhillips mentioned positively by Seeking Alpha contributor
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09:56 EDTCOPConocoPhillips strength attributed to takeover speculation
September 23, 2015
10:00 EDTBTEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Baytex Energy (BTE) downgraded to Sector Performer from Outperformer at CIBC... CarMax (KMX) downgraded to Perform from Outperform at Oppenheimer... Cytec Industries (CYT) downgraded to Hold from Buy at Jefferies... LG Display (LPL) downgraded to Underperform from Neutral at BofA/Merrill... Magna (MGA) downgraded to Sector Performer from Outperformer at CIBC... Norilsk Nickel (NILSY) downgraded to Neutral from Overweight at JPMorgan... Sherwin-Williams (SHW) downgraded to Neutral from Buy at Longbow... Volkswagen (VLKAY) downgraded to Hold from Buy at Deutsche Bank.
08:19 EDTBTEBaytex Energy downgraded to Sector Performer from Outperformer at CIBC
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September 22, 2015
15:50 EDTCOPConocoPhillips nears deal to sell certain Canadian assets, Bloomberg says
ConocoPhillips (COP) is closing in on a deal to sell several Western Canadian assets to different acquirers including Canadian Natural Resources (CNQ), says Bloomberg, citing sources. A deal for the assets may be reached as early as this week, added Bloomberg. Reference Link
14:19 EDTCOPConocoPhillips nearing sale of some Canada assets, Bloomberg reports
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