Itisnot really good for any Canadians . Even Rachel Notley realizes the necessity of getting oil to market.
Oil is bringing Canada's GDP down
- Thread starter mentalfloss
- Start date
What sort of heavy equipment did you get smoked by?
They are blaming Trudeau.
You gotta read before you post Poopsiefloss.
They are blaming Trudeau.
You gotta read before you post Poopsiefloss.
A shame the tax cuts aren't helping.
Exxon Mobil - Another Reason To Stay Away
XOM was trading at $74.61 at the time of writing this article, witnessing an increase of 2.47% over its previous trading day. Although this seems to be good, investors must note that Exxon Mobil's oil production witnessed a 3% year-on-year decline during the fourth quarter of 2017. This was at a time when oil prices witnessed a significant increase. Even the company's fourth-quarter operating cash flows declined when compared to its third quarter. In fact, Exxon Mobil's stock had fallen by more than 5% on February 2, 2018, when its fourth-quarter earnings were released. From this, it was clear that investors and analysts were expecting a far better operational and financial performance from the energy giant. Investors must note that Exxon Mobil's future performance is largely dependent on oil prices. The WTI and Brent were trading at $65.24 and $69.8 respectively at the time of writing this article.
https://seekingalpha.com/article/4160502-exxon-mobil-another-reason-stay-away
Exxon Mobil - Another Reason To Stay Away
XOM was trading at $74.61 at the time of writing this article, witnessing an increase of 2.47% over its previous trading day. Although this seems to be good, investors must note that Exxon Mobil's oil production witnessed a 3% year-on-year decline during the fourth quarter of 2017. This was at a time when oil prices witnessed a significant increase. Even the company's fourth-quarter operating cash flows declined when compared to its third quarter. In fact, Exxon Mobil's stock had fallen by more than 5% on February 2, 2018, when its fourth-quarter earnings were released. From this, it was clear that investors and analysts were expecting a far better operational and financial performance from the energy giant. Investors must note that Exxon Mobil's future performance is largely dependent on oil prices. The WTI and Brent were trading at $65.24 and $69.8 respectively at the time of writing this article.
https://seekingalpha.com/article/4160502-exxon-mobil-another-reason-stay-away
Shit like this..
Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy
The blowout in the price spread between Canadian heavy and U.S. light crude isn't narrowing substantially any time soon, according to analysts with GMP FirstEnergy.
While Canada’s heavy oil producers are faced with the challenge of increasing rail volumes in the absence of a new export pipeline, they’re also dealing with issues on an operational system into the U.S.
“The most immediate pressing issue continues to be underperformance on the Keystone pipeline in terms of volumes shipped. Industry reports continue to point to throughput volumes running anywhere from 70,000 to 100,000 bbls/d under the pipeline’s design capacity of 590,000 bbls/d,” GMP FirstEnergy said in a research note late last week.
“Although these reports have varied in terms of affected volume estimates, the pipeline has been running at less than full operating pressure after a line break in North Dakota in November 2017.”
​​Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy | Markets & Investment | JWN Energy
Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy
The blowout in the price spread between Canadian heavy and U.S. light crude isn't narrowing substantially any time soon, according to analysts with GMP FirstEnergy.
While Canada’s heavy oil producers are faced with the challenge of increasing rail volumes in the absence of a new export pipeline, they’re also dealing with issues on an operational system into the U.S.
“The most immediate pressing issue continues to be underperformance on the Keystone pipeline in terms of volumes shipped. Industry reports continue to point to throughput volumes running anywhere from 70,000 to 100,000 bbls/d under the pipeline’s design capacity of 590,000 bbls/d,” GMP FirstEnergy said in a research note late last week.
“Although these reports have varied in terms of affected volume estimates, the pipeline has been running at less than full operating pressure after a line break in North Dakota in November 2017.”
​​Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy | Markets & Investment | JWN Energy