The analysis provided in this article has found a substantial upside potential in TransCanada Corp’s (NYSE:TRP) shares in the near future. The company’s stock can be considered a good opportunity for investors seeking stable dividend income. The growth rate of dividend per share has been increasing for 17 th consecutive quarters. Our DCF analysis shows that the stock is undervalued in....More>>>
Oil prices could soon skyrocket to more than $100 a barrel amid escalating tensions in the Middle East, one oil analyst told CNBC Friday.
Crude futures surged to highs not seen since December 2014 earlier in the week, underpinned by greater geopolitical uncertainty in Syria and elevated concerns over the prospect of imminent military action by Western powers.
“I don’t think....More>>>
Wall Street brokerages predict that Bonanza Creek Energy (NYSE:BCEI) will announce earnings of $0.74 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Bonanza Creek Energy’s earnings, with estimates ranging from $0.62 to $0.91. Bonanza Creek Energy posted earnings of $0.27 per share in the same quarter last year, which would suggest....More>>>
Mexico’s peso and Canada’s dollar are vulnerable to short-term weakness as talks drag on to salvage the North American Free Trade Agreement, with big swings only likely if a deal is reached quickly or the accord is scrapped altogether, according to Morgan Stanley.
Mexico’s currency could drop 10 percent if the deal is terminated, strategists including Michael Zezas wrote....More>>>
Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already own in a deal that would pay unitholders of Spectra 1.0123 shares of Enbridge common stock for every common unit of Spectra they currently hold.
At last night’s closing price, that represents....More>>>