The Energy Report

Energy Company Divests Stake in Offshore Gasfield

Source: Streetwise Reports 10/28/2019 How the transaction benefits the London-based oil and gas firm is outlined in a Pareto Securities report. In an Oct. 21 research note, Pareto Securities analyst Tom Erik Kristiansen reported that Panoro Energy ASA (PEN:OSE; 1PZ:FRA) agreed to sell its noncore stake (a 12.2% economic interest) in the Aje field in […]

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Appraisal Well 'Demonstrates Stable Natural Gas Production'

Source: Streetwise Reports 10/28/2019 The test results and next steps are provided in a Mackie Research Capital Corp. report. In an Oct. 21 research note, Mackie Research Capital Corp. analyst Bill Newman reported that Valeura Energy Inc. (VLE:TSX; PNWRF:OTCMKTS) completed the final test of the Inanli-1 appraisal well in Turkey, which, like the first three,

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Energy MLP Makes 'Contrarian Play Outside the Renewables Arena'

Source: Streetwise Reports 10/28/2019 A description of and comments about the play, an acquisition, are provided in a Raymond James report. In an Oct. 22 research note, Raymond James analyst Pavel Molchanov reported that Nextera Energy Partners LP (NEP:NYSE) agreed to acquire the Meade Pipeline for $1.37 billion. Closing is expected in November. This deal

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Halliburton Shares Trade Higher on Q3 Earnings

Source: Streetwise Reports 10/21/2019 Shares of Halliburton Co. at times traded greater than 8% higher after the firm reported improved Q3/19 earnings results versus Q2/19. This morning before the opening bell Halliburton Co. (HAL:NYSE) announced its third quarter earnings for the period ending September 30, 2019. The company reported net income of $295 million, or

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Analyst: Energy Firm's Weak Q3/19 'Could Offer Attractive Buying Opportunity'

Source: Streetwise Reports 10/21/2019 The factors at play in the company’s recent quarterly output are provided in a Pareto Securities report. In an Oct. 18 research note, analyst Tom Erik Kristiansen reported that Pareto Securities expects Equinor ASA (EQNR:NYSE; EQNR:Oslo) to report a weak Q3/19, but that “could offer an attractive buying opportunity ahead of

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Energy Company 'Shaking Things Up With Royalty, Infrastructure Spinout'

Source: Streetwise Reports 10/16/2019 The transaction details are relayed in a CIBC report. In an Oct. 10 research note, CIBC analyst Dave Popowich reported that Tourmaline Oil Corp. (TOU:TSX) intends to spin out, into a new private royalty and infrastructure company called Topaz Energy, a gross over-riding royalty interest across its properties plus a nonoperated

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Skyharbour Drilling Deeper in Athabasca Basin

Source: Maurice Jackson for Streetwise Reports 10/16/2019 Jordan Trimble, CEO of Skyharbour Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company’s exploration plans in Canada’s uranium-rich Athabasca Basin. Maurice Jackson: Joining us for a conversation is Jordan Trimble, the president, director and CEO of Skyharbour Resources. Glad to have you

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Energy Stock Is 'Looking to Break Out of Large Base'

Source: Clive Maund for Streetwise Reports 10/11/2019 Technical analyst Clive Maund explains why he believes this company with projects in Thailand and Indonesia is about ready to start another upleg. Pan Orient Energy Corp. (POE:TSX.V) presents an overall positive picture of a stock that is probably on the verge of breaking out of a large

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