New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 10, 2013
08:02 EDTBTE, ERF, DVN, VET, CVE, CNQ, PDS, ECAPeters & Co to host a conference
Limited Energy Conference is being held in Toronto, Canada on September 10-12 with webcasted company presentations to begin on September 10 at 8 am; not all company presentations may be webcasted. Webcast Link
News For CNQ;DVN;ECA;CVE;ERF;PDS;VET;BTE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2015
10:02 EDTVETOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:10 EDTVETVermilion Energy downgraded to Neutral from Buy at BofA/Merrill
August 26, 2015
10:00 EDTCNQOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:30 EDTCNQCanadian Natural downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Canadian Natural to Neutral to reflect the choppy near-term environment. The firm said balance sheet pressures are building in 2016 at a time when the company's hedges are rolling off and production could decline.
August 25, 2015
06:03 EDTECAEncana agrees to sell Haynesville assets for $850M
Encana announced that its wholly-owned subsidiary, Encana Oil & Gas, has reached an agreement to sell its Haynesville natural gas assets, located in northern Louisiana, to GEP Haynesville, a joint venture formed by GeoSouthern Haynesville, LP and funds managed by GSO Capital Partners LP. Total cash consideration to Encana under the transaction is $850M. In addition, through the transfer of current and future obligations, Encana will reduce its gathering and midstream commitments, which will be substantially complete through 2020, by approximately $480M on an undiscounted basis. Further, Encana will transport and market GeoSouthern's Haynesville production on a fee for service basis for the next five years. Encana will use the total cash consideration to reduce its net debt, further strengthening its balance sheet. Consistent with its strategy, Encana remains focused on growing high margin production. Over 80% of 2015 capital will be invested in the company's four most strategic assets in the Permian, Eagle Ford, Duvernay and Montney. During the first half of 2015, Encana's Haynesville assets produced an average 217 mmcf/d, contributed approximately 9% to companywide production and less than 2.5% to Encana's first half operating cash flow, excluding hedges. The sale of Encana's Haynesville assets is subject to satisfaction of normal closing conditions, as well as regulatory approvals and post-closing adjustments, and is expected to close in Q4 with an effective date of January 1.
August 21, 2015
12:22 EDTDVNChanos say still short Exploration & Production space
Subscribe for More Information
10:02 EDTBTEHigh option volume stocks
High option volume stocks: XEO VAR AMCC XPO ROST INTU TFM BTE DXD
August 20, 2015
20:07 EDTBTEBaytex to cut capital spending, suspend dividend in face of low commodity prices
Subscribe for More Information
06:25 EDTCNQ, CVECanadian oil sands companies struggle from drop in crude prices, WSJ says
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