Oil & Gas

The outlook for the energy sector has improved during December with positive catalysts including the OPEC+ cartel agreeing to cut production in Q1/2020, the successful IPO of Saudi Aramco, and crude oil price gains. [more]

Shares of Saudi Arabian Oil Company (“ARAMCO”) started trading on the Riyadh stock exchange this week and rose in price with the market cap hitting US$2 trillion. [more]

The outlook for the energy sector, and particularly for the oil component, was given a boost on Friday as the OPEC+ cartel agreed to cut oil production in Q1/2020. Our Portfolio continues to perform relatively well but is still struggling to gain much traction in positive territory. [more]

As 2019 starts to draw to a close, investors will be assessing their portfolio performance. Results should be good as most major indexes in North America did well. Our December Seasonality Trends Report highlights what indexes/sectors are currently going-in/going-out of expected strength. [more]

Greta Thunberg and her fellow climate-change activists vow to do whatever they can at the up-coming United Nations climate-change conference to get world leaders to act quickly and decisively to tackle the world’s growing climate-change problem. [more]

Long-suffering Canadian energy investors still have to wait for a meaningful upturn in the oil patch but recent positive attitudes emanating from the Canadian government offer new hope. [more]

mCloud released its Q3/2019 financials and, with partial-period revenue from the Autopro acquisition that closed in mid-July, revenue increased over 200% quarter-over-quarter to C$9.2 million. [more]

Our Top Ten Portfolio performed well of late and regained the $600,000 level. Including dividends and trading profits, the Portfolio is up 20.4% YTD and exactly matches this year’s gain by the S&P/TSX Composite Index. We think that we should be able to do better than the general index. [more]