New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 1, 2014
07:28 EDTERF, VET, BXE, PGH, ESVIF, CM, BTECIBC to hold a conference
Energy Conference is being held in Toronto on April 1-2 with webcasted company presentations to begin on April 1 at 10:25 am; not all company presentations may be webcasted. Webcast Link
News For CM;ESVIF;BTE;BXE;ERF;PGH;VET From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
19:05 EDTERFEnerplus sees 2015 daily production 103,000 BOE/day to 108,000 BOE/day
The company said, "We expect daily production will average between 103,000 BOE/day to 108,000 BOE/day, with a relatively flat profile throughout the year. Using the mid-point of this range, this represents a 2% increase over our expected 2014 production levels, generally balanced between oil/liquids and natural gas. On a per share basis, production growth is also expected to be approximately 2%.Our operating costs are expected to be $10.50/BOE for 2015. This is slightly higher than 2014 due to the impact of a weaker Canadian dollar on our U.S. operating costs, as well as the sale of lower operating cost non-core Canadian natural gas properties during the fourth quarter of 2014. Cash G&A expenses are expected to be maintained at $2.30 per BOE. Royalty costs, including state production taxes and impact fees, are expected to remain at 23% of revenues net of transportation. Based upon current commodity prices, we expect to pay cash taxes of approximately 2% of U.S. funds flow in 2015. We have sufficient tax pools to shelter our Canadian cash flow from material cash taxes until after 2018."
19:03 EDTERFEnerplus sees 2015 CapEx $635M
Subscribe for More Information
December 15, 2014
16:37 EDTPGHPengrowth Energy commences steam operations at Lindbergh Thermal Project
Pengrowth Energy announced that it has commenced steam operations at the Lindbergh Thermal Project located in the Cold Lake area of eastern Alberta. Pengrowth has been operating a two well pair pilot at Lindbergh for the last 34 months, which has produced approximately 1.6M barrels to date with a cumulative steam oil ratio of 2.1x. November production from the pilot averaged approximately 1,760 bbl/d with an instantaneous steam oil ratio of 2.3x.
08:06 EDTBXEBellatrix Exploration enters standstill pact with Orange Capital
Subscribe for More Information
December 12, 2014
10:01 EDTCMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BreitBurn Energy (BBEP) downgraded to Hold from Buy at Wunderlich... CIBC (CM) downgraded to Underperform from Neutral at Credit Suisse... Costco (COST) downgraded to Neutral from Buy at Janney Capital... Discovery (DISCA) downgraded to Sector Perform from Outperform at RBC Capital... Emerald Oil (EOX) downgraded to Neutral from Accumulate at Global Hunter... Goodrich Petroleum (GDP) cut to Underweight on lower oil at JPMorgan... Hain Celestial (HAIN) downgraded to Sector Perform from Outperform at RBC Capital... Hovnanian (HOV) downgraded to Neutral from Buy at Compass Point... Mindray Medical (MR) downgraded to Underweight from Equal Weight at Morgan Stanley... Morgan Stanley (MS) downgraded to Neutral from Buy at Buckingham... Oracle (ORCL) resumed with a Neutral from Overweight at Piper Jaffray... Rackspace (RAX) downgraded to Underperform from Neutral at DA Davidson... Zayo Group (ZAYO) downgraded to Neutral from Buy at BTIG.
08:48 EDTCMCIBC downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse downgraded CIBC to Underperform based on higher reinvestment and operating leverage pressures, and retail exposure.
December 9, 2014
10:23 EDTBTEOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:07 EDTBTEBaytex Energy downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
06:01 EDTBTEBaytex Energy downgraded to Market Perform from Outperform at BMO Capital
05:52 EDTBTEBaytex Energy lowers monthly dividend to 10c per share from 24c per share
Subscribe for More Information
December 8, 2014
05:48 EDTVETVermilion Energy backs FY15 production volume guidance of 55,000-57,000 boe/d
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use