23:50:18 EDT Wed 18 Oct 2017
Enter Symbol
or Name
USA
CA



Oil Summary
Symbol C : *MKTOIL
Recent Sedar Documents

Energy Summary for Oct. 6, 2017

2017-10-06 20:38 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for November delivery lost $1.50 to $49.29 on the New York Merc, while Brent for December lost $1.38 to $55.62 (all figures in this para U.S.). Western Canadian Select traded at a discount of $11.30 to WTI ($37.99), unchanged. Natural gas for November lost six cents to $2.86. The TSX energy index lost 3.54 points to close at 186.19.

Alberta Montney producer Birchcliff Energy Ltd. (BIR) lost 20 cents to $5.30 on 5.5 million shares, a depressing end to a dismal week. The stock has fallen from $6.05 since last Friday. That was the day on which its major shareholder, the billionaire Seymour Schulich, disclosed on SEDI that he had sold 10 million shares earlier in the week (as discussed in the Oct. 2 Energy Summary). Now fresh SEDI filings have shown further sales by Mr. Schulich. He sold an additional 10 million shares at $5.63 this past Tuesday, lowering his position to 20 million -- or just half of what he owned a mere two weeks ago -- of Birchcliff's 265 million shares.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2017 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.