Shares of companies in the renewable energy space have been under pressure lately as they are expected to be negatively impacted by rising interest rates. We believe that the share price declines have been overdone, and that long-term recovery prospects are attractive. We highlight TransAlta Renewables (TSX: RNW) in this report. [more]
The Energy sector and its associated companies and their stocks seem likely to continue to outperform despite increasing economic and market headwinds. [more]
This is an update article to the original “Chart of the Day” report on Suncor from September 20, 2021. Suncor’s stock price is up 19% in 3 weeks. [more]
The Energy sector has not performed well over the past ten years. One of the laggards in the last few years is Suncor. This can be attributed to its almost singular focus on its oil sands projects. But, Suncor is now seriously evaluating non-fossil fuels opportunities. If Suncor can break above the Chart’s declining down trend-line, this would be very favourable for the stock, with greater expectations for further appreciation. [more]
mCloud Technologies, a leading AI-powered physical asset management solution provider, announced financial results for the second quarter ended June 30, 2021. Revenues increased by 44% compared to Q2/2020 and added 1,019 new connected assets to its managed portfolio. [more]
The easing of COVID pandemic restrictions has improved access to customer sites, and the pace of customer onboarding for mCloud is expected to accelerate in the US and Canada. The partnership with URBSOFT should help bring AssetCare™ to the oil & gas, retail, and real estate markets in the Middle East. [more]
Mr. Santos is one of Alberta’s top energy executives leading digital strategy, technology innovation, and ESG affairs both provincially and globally. He will become mCloud’s Executive Vice President and President, Americas, responsible for the Company’s regional business in North America and leading mCloud’s ESG initiatives. [more]
mCloud’s annual revenue hit a record of C$26.9 million in 2020, up 47% from 2019. AssetCare revenue comprised 76% of total revenue and, with a strong backlog and sales pipeline, is expected to double AssetCareAssetCare revenues in 2021. [more]
mCloud recorded record annual revenue of C$18.3 million and released its 2020 Revenue guidance in the $70-72M range, a year-over-year increase of almost 300%. [more]
Scott Grannis, the Calafia Beach Pundit, weighs in with advice on how investors should react to a significant market down-draft. [more]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes