James Taylor

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Three top stock picks from Sentry’s Swanzy Quarshie

<i>Swanzy Quarshie is portfolio manager at Sentry Investments. Her focus is oil and gas stocks.</i><p><b>Top Picks:</b><p><b>ARC Resources (ARX.TO)</b><p>ARC Resources is a Calgary based oil & gas producer with a focus in North East British Columbia, Alberta and South East Saskatchewan. The company has an enviable land package …

2,600 more oilpatch job losses coming, warns report

CALGARY – An industry group says low commodity prices and regulatory uncertainty will mean even greater job losses in the oilpatch this year than it …

Oilers Retain Tyler Dellow As Consultant

This morning Mark Spector reported that the Oilers have<br>retained the service of Analytics Consultant Tyler Dellow.<p>#Oilers to retain analytics …

Drillers in the Bakken start backing off

Drilling activity in North Dakota's prolific Bakken field is falling sharply and production is expected to drop by summer, as Saudi Arabia's strategy of squeezing high-cost producers out of the market begins to bite.<p>In many areas of Bakken, break-even costs already exceed current oil prices and …

Drillers cut outlook again over prices, potential NDP policy changes

Canada's oil-drilling association cut its outlook for activity for the second time this year, citing weak commodity prices and potential policy changes under Alberta's NDP government.<p>Drilling rigs' operating days in Western Canada will fall by additional 10,320 this year, the Canadian Association …

Why oil prices are responding positively to bad news

Lately, oil prices have gone up when they should have gone down. Last week, OPEC decided not to cut production and the two major energy agencies released reports that the world over-supply problem is getting worse. Brent oil price increased from $62 to $65. Bad is the new good.<p>The expected bad news …