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Energy stocks punished on Toronto market as oil prices continue to plunge

2014-12-08 23:38:09| Energy - Topix.net

There were more signs of belt-tightening in the oilpatch Monday, as oil prices continued their downward slide and energy stocks were pummelled. Precision Drilling Corp. and Vermilion Energy Inc. were among the Canadian energy firms to cut capital budgets for next year, in addition to Trilogy Energy Corp. , which is also halted its dividend "given the current market environment."

Tags: to market continue prices

 

Energy stocks lead market lower

2014-12-08 21:53:56| Oil & Gas - Topix.net

U.S. stocks fell in afternoon trading on Monday as a drop in crude oil prices to a five-year low hammered energy stocks. Weak Chinese trade figures and news that Japan's recession is deeper than initially thought also weighed on markets.

Tags: market lower lead energy

 
 

Energy Sector Volatility Affects Middle Market M&A Activity

2014-12-08 21:43:38| Appliances - Topix.net

In the 3Q edition of Maritime Professional , this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010, tracing the flow of deals in the post-financial crisis era. In this edition, we take a closer look at relevant U.S. offshore energy industry deal flow and market movements as they relate to oil prices over time, and highlight some recent middle market transactions.

Tags: market middle activity energy

 

Energy stocks lead market lower

2014-12-08 21:28:25| Energy - Topix.net

U.S. stocks fell in afternoon trading on Monday as a drop in crude oil prices to a five-year low hammered energy stocks. Weak Chinese trade figures and news that Japan's recession is deeper than initially thought also weighed on markets.

Tags: market lower lead energy

 

Energy crash hits share market hard

2014-12-01 12:54:29| Energy - Topix.net

Australia's energy sector has suffered its biggest two-day loss since before the global financial crisis, wiping $12.3 billion from the sector's market capitalisation, following OPEC's refusal to cut oil output. The benchmark S&P/ASX200 energy sub-index has slumped 13.4 per cent over the last two sessions, plummeting 1707.93 points to 11073.36 points.

Tags: share hard market energy

 

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