Care is required in this environment, with good margins and strong balance sheets among the key considerations
The industry is expected to spend $31 billion less this year
Weaker issuers are at a much greater risk of default
Each company has been working on projects in B.C.
Projects that are already under construction will continue as planned, but lead to excess capacity
Wait for signs of rising demand for oil
Smaller, distressed companies likely to be takeover targets for larger players
Amid persistently low oil prices, the global energy business is facing a tough year, says Moody’s Investors Service in a new report. The major companies should fare best, while other parts of the sector are likely to see their earnings come under significant pressure. The rating agency says that exploration and production (E&P) companies will […]
Stocks in the energy sector have been pummelled recently - and there are some indications that this may continue
A seasonal improvement in demand is expected in the fourth quarter