06:37:09 EDT Sat 20 Apr 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Oil Summary
Symbol C : *MKTOIL
Recent Sedar Documents

Energy Summary for Jan. 25, 2019

2019-01-25 20:23 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for March delivery added 56 cents to $53.69 on the New York Merc, while Brent for March added 55 cents to $61.64 (all figures in this para U.S.). Western Canadian Select traded at a discount of $9.35 to WTI, up from a discount of $10. Natural gas for February added eight cents to $3.18. The TSX energy index added a fraction to close at 148.53.

Enerplus Corp. (ERF) lost seven cents to $11.49 on 3.29 million shares, after releasing an operational update. It also finally released its 2019 guidance, which investors have been expecting for about a month, given that president and chief executive officer Ian Dundas previously told them to expect it "likely around the end of the year [2018]." The company patted itself on the back for achieving the high end of its fourth quarter and full-year 2018 production guidance. In fact, full-year 2018 production was slightly above guidance, averaging 93,200 barrels of oil equivalent a day, compared with the targeted range of 92,500 to 93,000. Fourth quarter production reached 97,800 barrels a day. Notably, liquids production in the fourth quarter averaged 54,400 barrels a day, easily within the targeted range of 53,500 to 54,500 barrels a day.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2019 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.