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Stock Market & Financial Investment News

News Breaks
May 9, 2014
11:40 EDTDVN, CNQCanadian Natural says considering monetizing royalty income from freehold lands
Canadian Natural (CNQ) says looking at possibility of monetizing royalty income from freehold lands, says possibilities for monetizing royalties include direct sale or forming a separate company. Says royalty income stream from its properties and those acquired from Devon Energy (DVN) will be around C$140M-C$150M this year. Comments made on the Q1 earnings conference call.
News For CNQ;DVN From The Last 14 Days
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August 26, 2015
10:00 EDTCNQOn The Fly: Analyst Downgrade Summary
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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 21, 2015
12:22 EDTDVNChanos say still short Exploration & Production space
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August 20, 2015
06:25 EDTCNQCanadian oil sands companies struggle from drop in crude prices, WSJ says
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