RBC Capital Markets is calling for Canada's largest oil and gas producers to book"much stronger" financial performance in their third-quarter results.
“We are expecting cash flow per share to be up on average by 23 per cent on a quarter-over-quarter basis,” he wrote in a research note.Looking ahead, Wood says Canadian heavy oil producers are well positioned to grow their share of the global crude market once the much-delayed, government-owned Trans Mountain expansion project from Alberta to the Pacific Coast comes online. That’s expected sometime next year.
Warren Buffett's company owns a piece of Chevron, which just struck a deal to acquire Hess, a key player in Guyana's oil boom.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.
Blue-chip TSX banks such has Toronto-Dominion Bank are undervalued and offer you to benefit from a high dividend payout. The post Invest in the Canadian Banks When They Hit This Important Buy Point appeared first on The Motley Fool Canada.Undervalued Canadian stocks are great, but these have a strong future value that cannot be beat! The post 3 Undervalued Canadian Stocks Set for a Bull Run appeared first on The Motley Fool Canada.
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