14:57:21 EDT Sun 11 May 2025
Enter Symbol
or Name
USA
CA



Lightstream Resources Ltd
Symbol LTS
Shares Issued 197,304,539
Close 2015-01-26 C$ 0.83
Market Cap C$ 163,762,767
Recent Sedar Documents

Globe says Lightstream, others are big oil patch losers

2015-01-27 06:13 ET - In the News

Also In the News (C-COS) Canadian Oil Sands Ltd
Also In the News (C-LEG) Legacy Oil + Gas Inc (2)
Also In the News (C-PRE) Pacific Rubiales Energy Corp (2)
Also In the News (C-PWT) Penn West Petroleum Ltd (3)
Also In the News (C-SGY) Surge Energy Inc
Also In the News (C-TET) Trilogy Energy Corp

The Globe and Mail attempts to identify the biggest losers in the S&P/TSX Energy Index over the last two months in its Tuesday, Jan. 27, edition. The Globe's Tim Shufelt writes that the crash in oil prices has left the Canadian energy sector teeming with casualties. Few have been spared. Of the 66 stocks included in the S&P/TSX energy index, just five have advanced in the two months since the Organization of Petroleum Exporting Countries announced it would not be cutting back on crude oil production in response to declining global benchmark prices. Since that decision, an excess of global supply has pushed crude prices down by almost 40 per cent, taking nearly every major Canadian energy name down with them. Mr. Shufelt says he sought to identify the stocks on which the greatest damages have been inflicted. To contrarian investors bullish on oil, Mr. Shufelt's list could be mined for buying opportunities. Mr. Shufelt, however, says most investors will see his picks as stocks to steer well clear of. The Globe's biggest energy losers are Lighstream Resources, Pacific Rubiales Energy, Penn West Petroleum, Surge Energy, Legacy Oil + Gas, Canadian Oil Sands and Trilogy Energy.

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