The Zacks Analyst Blog Highlights: Enbridge, TransCanada, Suncor, Imperial and Cenovus

by Zacks Equity Research Published on December 17,2018

The Zacks Analyst Blog Highlights: Enbridge, TransCanada, Suncor, Imperial and Cenovus

• CVE Quick QuoteCVEPositive Net Change
• SU Quick QuoteSUPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• TRP Quick QuoteTRPPositive Net Change
• ENB Quick QuoteENBNegative Net Change

• oil-energy

Retain These Canadian Energy Stocks for Long-Term Gains

by Zacks Equity Research Published on December 14,2018

While there is much ambiguity relating to the Canadian oil industry as of now, the tide may turn for the country in the long term.

• SU Quick QuoteSUPositive Net Change
• CVE Quick QuoteCVEPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• TRP Quick QuoteTRPPositive Net Change
• ENB Quick QuoteENBNegative Net Change

• oil-energy

Is Production Cut in Alberta Too Good for its Own Good?

by Kaibalya Pravo Dey Published on December 13,2018

Production cut from the Premier of Alberta reduces differentials between Western Canadian Select and WTI.

• SU Quick QuoteSUPositive Net Change
• CVE Quick QuoteCVEPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• ENB Quick QuoteENBNegative Net Change
• TRP Quick QuoteTRPPositive Net Change

• oil-energy

Canadian Natural (CNQ) Slashes Capex Amid Pipeline Pinch

by Zacks Equity Research Published on December 07,2018

Canadian Natural's (CNQ) 2019 capital budget stands at C$3.7 billion, down 20% from projected investment in 2018 and well below its preferred range of C$4.7-C$5 billion.

• CNQ Quick QuoteCNQNo Net Change
• SU Quick QuoteSUPositive Net Change
• CVE Quick QuoteCVEPositive Net Change
• IMO Quick QuoteIMOPositive Net Change

• oil-energy

Imperial Oil (IMO) Down 5.8% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research Published on December 02,2018

Imperial Oil (IMO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• IMO Quick QuoteIMOPositive Net Change

• earnings
• earnings-estimates
• earnings-performance
• earnings-report
• earnings-trend
• gold
• guidance
• margins
• revenue
• tech-stocks
• travel-leisure
• zacks-consensus-estimate

Imperial Oil Sees Hammer Chart Pattern: Time to Buy?

by Zacks Equity Research Published on November 26,2018

Imperial Oil has been struggling lately, but the selling pressure may be coming to an end soon.

• IMO Quick QuoteIMOPositive Net Change

• oil-energy

Time to Focus on Imperial Oil (IMO) for Strong Earnings Growth Potential

by Zacks Equity Research Published on November 23,2018

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Imperial Oil (IMO).

• IMO Quick QuoteIMOPositive Net Change

Looking for Value? Why It Might Be Time to Try Imperial Oil (IMO)

by Zacks Equity Research Published on November 23,2018

Imperial Oil (IMO) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

• IMO Quick QuoteIMOPositive Net Change

• oil-energy

Imperial Oil's (IMO) Q3 Earnings Beat Estimates, Surge Y/Y

by Zacks Equity Research Published on November 09,2018

Imperial Oil (IMO) sets a new production record from Kearl assets in the third quarter of 2018.

• IMO Quick QuoteIMOPositive Net Change
• KMI Quick QuoteKMIPositive Net Change
• RRC Quick QuoteRRCNegative Net Change
• MUR Quick QuoteMURPositive Net Change

• oil-energy

Imperial Oil (IMO) Q3 Earnings Preview: What to Look Out For

by Zacks Equity Research Published on October 26,2018

Imperial Oil (IMO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

• IMO Quick QuoteIMOPositive Net Change

• consensus-outlook
• earnings
• earnings-consensus
• earnings-esp
• earnings-estimates-revisions
• earnings-expectations
• earnings-preview
• stock-price-change
• zacks-consensus-estimate

Here's Why You Should Retain Imperial Oil in Your Portfolio

by Zacks Equity Research Published on August 30,2018

While we believe that pipeline constraints may hurt Imperial Oil's (IMO) upstream profitability, the company should be able to counter the same, courtesy of the downstream and chemical businesses.

• TCP Quick QuoteTCPNegative Net Change
• PBR Quick QuotePBRNegative Net Change
• IMO Quick QuoteIMOPositive Net Change
• XOM Quick QuoteXOMPositive Net Change

Imperial Oil (IMO) Q2 Earnings Lag Estimates

by Zacks Equity Research Published on July 27,2018

Imperial Oil (IMO) delivered earnings and revenue surprises of -51.28% and 27.52%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

• IMO Quick QuoteIMOPositive Net Change

Oil Stocks to Watch for Earnings on Jul 27: CVX, XOM & IMO

by Zacks Equity Research Published on July 26,2018

The energy sector is poised to record the highest growth among all sectors in the second quarter of 2018.

• IMO Quick QuoteIMOPositive Net Change
• SLB Quick QuoteSLBPositive Net Change
• CVX Quick QuoteCVXPositive Net Change
• XOM Quick QuoteXOMPositive Net Change
• KMI Quick QuoteKMIPositive Net Change

5 Energy Stocks Set to Explode Higher

by Sweta Killa Published on July 11,2018

Rounds of news about new supply disruption are adding strength to the oil price, making the case for energy stocks appealing.

• HFC Quick QuoteHFCPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• APC Quick QuoteAPCPositive Net Change
• OXY Quick QuoteOXYPositive Net Change
• MUR Quick QuoteMURPositive Net Change

Suncor's Syncrude Facility to Hit Full Capacity in September

by Zacks Equity Research Published on July 10,2018

Suncor's (SU) Syncrude project, with a production capacity of around 360,000 bpd, represents approximately 10% of the total Canadian oil output.

• SNP Quick QuoteSNPPositive Net Change
• SU Quick QuoteSUPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• BCEI Quick QuoteBCEIPositive Net Change

Imperial Oil (IMO): Strong Industry, Solid Earnings Estimate Revisions

by Zacks Equity Research Published on July 05,2018

Imperial Oil (IMO) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective.

• IMO Quick QuoteIMOPositive Net Change

High Costs, Pipeline Shortage Spur Canadian Energy Exodus

by Rimmi Singhi Published on June 25,2018

While overall Canadian oil production is likely to increase to 5.6 million bpd by 2035, lack of takeaway capacity is not expected to wane anytime soon.

• ECA Quick QuoteECAPositive Net Change
• CNQ Quick QuoteCNQNo Net Change
• SU Quick QuoteSUPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• CVE Quick QuoteCVEPositive Net Change
• RDS.A Quick QuoteRDS.APositive Net Change
• MRO Quick QuoteMROPositive Net Change

Suncor Cuts Syncrude Output Forecast Amid Early Turnaround

by Zacks Equity Research Published on March 15,2018

Suncor (SU) expects first-quarter 2018 production to be 685,000 barrels of oil equivalent per day (BOE/d), reflecting a decline on both year over year and sequential basis.

• SNP Quick QuoteSNPPositive Net Change
• SU Quick QuoteSUPositive Net Change
• IMO Quick QuoteIMOPositive Net Change

What's in the Cards for Snap-On (SNA) this Earnings Season?

by Zacks Equity Research Published on July 17,2017

How are things shaping up for Snap-On's (SNA) second-quarter 2017 results slated on Jul 20?

• BDC Quick QuoteBDCPositive Net Change
• CAT Quick QuoteCATPositive Net Change
• IMO Quick QuoteIMOPositive Net Change

Chevron to Divest Downstream Assets to Parkland for $1.5B

by Zacks Equity Research Published on April 19,2017

Chevron Corporation (CVX) is planning to divest its stake in downstream fuel business to Canada's fast growing independent fuel distributor, Parkland Fuel Corporation.

• IMO Quick QuoteIMOPositive Net Change
• CVX Quick QuoteCVXPositive Net Change
• REPYY Quick QuoteREPYYPositive Net Change

Suncor Likely to Achieve 2017 Target Despite Syncrude Fire

by Zacks Equity Research Published on March 28,2017

Suncor Energy Inc. (SU) recently declared that production at Syncrude oil sands project is on track and will meet the target set for 2017.

• SU Quick QuoteSUPositive Net Change
• IMO Quick QuoteIMOPositive Net Change
• CVE Quick QuoteCVEPositive Net Change

TransCanada (TRP) to Proceed With Montney Pipeline Project

by Zacks Equity Research Published on March 22,2017

TransCanada Corporation (TRP) recently sought a regulatory approval as it plans to move forward with the C$1.4 billion worth North Montney Mainline Pipeline Project.

• IMO Quick QuoteIMOPositive Net Change
• TRP Quick QuoteTRPPositive Net Change
• PXD Quick QuotePXDPositive Net Change

Cenovus Energy Inc. (CVE) Shows Strength: Stock Up 5.4%

by Zacks Equity Research Published on March 16,2017

Cenovus Energy Inc. (CVE) shares rise above 5% in the last trading session.

• IMO Quick QuoteIMOPositive Net Change
• CVE Quick QuoteCVEPositive Net Change

Repsol Reports Significant Onshore Oil Field Discovery in US

by Zacks Equity Research Published on March 14,2017

Repsol S.A. (REPYY) recently discovered a giant oil field in Alaska, holding as much as 1.2 billion barrels of oil.

• IMO Quick QuoteIMOPositive Net Change
• REPYY Quick QuoteREPYYPositive Net Change
• SEMG Quick QuoteSEMGPositive Net Change

Imperial Oil (IMO) Sees Hammer Chart Pattern: Time to Buy?

by Zacks Equity Research Published on March 08,2017

Imperial Oil Limited (IMO) has been struggling lately, but the selling pressure may be coming to an end soon

• IMO Quick QuoteIMOPositive Net Change