Markets

Avoid mixing together economic forecasting and stock investment decisions to make higher portfolio returns

Combine economic forecasting and stock investment decisions and you could make some bad moves—including selling your best holdings too soon Too much investor attention tends to be focused on economic forecasting and stock investment decisions. The fact is, forecasts provide little, if any, advant ...

LNG displaces Atlantic basin pipe gas, but meets resistance in Asia

Liquefied natural gas (LNG) cargoes have displaced pipeline natural gas volumes in the Atlantic Basin throughout 2019, due to historically low spot prices of the shipped fuel. Higher LNG spot market activity has helped unleash some of the commodity’s inherent flexibility. It is inherent because a ...

Frontera Announces 2020 Capital Plan and Guidance Information

Outlook for Operating EBITDA in Excess of Capital Expenditures Provides Excess Cash for Maximizing Shareholder Value  Transformational Exploration Opportunities to be Executed in 2020 in Colombia, Guyana and Ecuador Update to Board of Directors TORONTO, Dec. 5, 2019 /CNW/ – Frontera Energy Corpo ...

MAPF Portfolio Composition : November, 2019

Turnover remained high at 20% in November; the market was volatile during the month and the IAIS announcement abandoning the drive towards DeemedRetractions also had an effect. The fund’s trading will probably be higher in the future than has been normal for the past several years, since the extr ...

TransGlobe Energy Corporation Announces an Update to a Significant Shareholder

CALGARY, Alberta, Dec. 05, 2019 (GLOBE NEWSWIRE) — AIM & TSX:  “TGL” & NASDAQ:  “TGA” TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer)   1a. Identity of the issuer or the underlying issuer of existing ...

2019 Closes Without a Bank of Canada Rate Cut

The Bank of Canada’s overnight lending rate will end the year exactly where it started—unchanged at 1.75%. As was widely expected, the Bank of Canada decided once again to leave rates on hold as it continues to assess the need for monetary policy easing given a strong domestic economy against a ...

December 4, 2019

There was nothing particularly surprising in the Bank of Canada’s policy rate announcement this morning: The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The Bank’s October pro ...

KML Reminds its Shareholders to Vote on Transaction with Pembina Before the Deadline

CALGARY, Dec. 4, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) reminds shareholders that the deadline to vote on the previously announced transaction (the Arrangement) with Pembina Pipeline Corporation (Pembina) is fast approaching. Holders of Restricted Voting Shares and Special Voting Sh ...

Baytex Announces 2020 Budget and Board Chair Appointment

CALGARY, Alberta, Dec. 04, 2019 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announces that its Board of Directors has approved a 2020 capital budget of $500 to $575 million, which is designed to generate average annual production of 93,000 to 97,000 boe/d. The Bo ...

Pembina Pipeline Corporation Declares Common Share Dividend

CALGARY, Dec. 4, 2019 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for December 2019 of $0.20 per share to be paid, subject to applicable law, on January 15, 2020 t ...