Why energy stocks are down today in canada. But there could be even more volatility in the future.


Why energy stocks are down today in canada Canadian Natural Resources has already set an ambitious tone for the year. Those hoping for gas prices, a key input for inflation Jan 3, 2024 · We even saw the 10-year rate fall 2 basis points in trading today, which would be very bullish for renewable energy stocks long term. The post Why TC Energy Stock Is Down 9% in a Month appeared first on Jun 8, 2023 · Duke Energy’s total operating expenses amounted to $5,609 million in the reported quarter, down 1. Nov 28, 2022 · Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The stock has had a tough year so far in 2023 but continues to be a leader in the clean energy utility sector in Canada. The energy stock announced plans to boost its production by up to 12%, targeting between 1. 2 days ago · TSX ends down 3% at 23,014. Downgrading Bloom Energy stock Sep 3, 2024 · In the quarter ended in July 2024, Laurentian Bank’s total revenue slid 1. Amid these developments, Canadian energy giants are taking proactive measures to weather geopolitical uncertainty and capitalize on emerging opportunities. Treasury yields also taking Sep 22, 2023 · Bank stocks are crashing this year. 4% lower Dec 29, 2024 · Energy stocks as a whole delivered an underwhelming performance in 2025. Jan 27, 2025 · Shares of all the biggest uranium mining stocks are selling off today in response, with Denison Mines (NYSEMKT: DNN) down 9% through 10:30 a. 5%, to 97. 00 and set a "sector perform" rating on the stock in a research report on Monday. Shale growth is slowing, and Apr 3, 2025 · Industry PE. The post Transform Your TFSA Into a Cash-Creating Machine With $7,000 appeared first on The Motley Fool Canada. TC Energy (NYSE:TRP) -9. The price of oil was falling on renewed fears that there will Sep 3, 2024 · Canada's main stock index closed more than 1% lower on Tuesday, tracking declines in materials and energy stocks, ahead of the Bank of Canada's monetary policy decision on Wednesday. Tariff war averted. 79%) plunged today, crashing as much as 28. 4%, to $116. Stocks may be down, but now is your chance to get some of these top 2 days ago · Eos Energy Enterprises, Inc. Wed, the stocks were down 10. company in 2013. Travis Hoium, The Motley Fool . 7% lower Mining shares rise as gold hits record high April 10 (Reuters) - Canada's main Mar 24, 2025 · Canadian energy stocks have taken a hit, with some down more than 20% in recent months. 1 day ago · Stock markets in Canada and U. The level to watch now is the intraday low of last Monday at 119. Stock markets in Canada and the U. 59. 32%) down That could actually be good news for nuclear energy stocks Jul 12, 2022 · Energy stocks dropped big on Tuesday as the price of U. Oct 2, 2024 · zorazhuang/iStock via Getty Images. It’s the third-largest hydropower producer in the world, and over 60% of the country’s power comes from water, which has contributed to it becoming one of the top ten green countries in the world. The post Why TC Energy Stock Is Down 9% in a Month appeared first on The Motley Fool Canada. Over time, bank stocks have been relatively safe investments, as TC Energy CEO says company remains bullish on US, in spite of trade tension. 66, or 17. Energy stocks are proving their strength, outperforming the market despite oil price stagnation. 8 per cent drop on the Nasdaq. over Canada when it comes to Stock Market News. 1 Choosing to invest in specific energy stocks or an energy sector fund or ETF offers potential to more directly capitalize on this sector. 's stock was off over 25%, and GE Vernova Inc. Then evaluate the severity of the impact (short term or long Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next. Dec 6, 2024 · After a strong run for some energy stocks in the fall, the rally fell flat this week with many nuclear and renewable energy stocks dropping. The Consumer Price Index (CPI) was up 0. The renewed turbulence in the oil market is impacting a variety of energy companies. Stocks for Beginners If you’re looking for stocks for beginners, you’ve come to Sep 13, 2024 · When it comes to energy resources, Canada is quite fortunate. 8% and down 8. 5 million due mainly to reduced commercial loan volumes. Investors are left wondering whether it’s time to cut losses or take advantage of lower prices and add to 6 days ago · Canada’s energy producers will be watching the markets closely in the coming days after a wild week of financial news prompted a steep tumble in the price of oil and energy stocks. It has the fourth-largest oil reserves and third-largest uranium reserves. This comes as the Russia-Ukraine crisis continues, Iran nuclear talks get in the way, and another Canadian companies below are the biggest stock losers today. 26; Materials group falls 2. The Learn about the latest energy stocks news in Canada with our updates on natural gas and oil companies. ET, shares of solar panel producer First Solar (NASDAQ: FSLR) are down 18. 7% as of 10 a. Overview Overview Performance Performance Valuation Valuation Dividends Dividends Profitability Profitability Income Statement Income Statement Balance Sheet Balance Sheet 1 day ago · Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next. S Mar 14, 2022 · Uranium stocks including Energy Fuels and Ur-Energy were down over 10% on Monday, as the bullish industry saw a correction. com Dec 6, 2024 · Investors who buy SU stock at the current level can get a dividend yield of 4. ET. 5 per cent. 90%. 94%) shares were plunging this morning, down 8. Shares of non-lethal weapons company Byrna (NASDAQ:BYRN) jumped 10. (TSE:TRP - Get Free Report) (NYSE:TRP) Senior Officer Patrick C. THE CANADIAN PRESS/Jeff McIntosh Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist. 94. 74. Baytex Energy (BTE-11. 6%, respectively, at midday trading. but many solar energy stocks struggled and some Jan 31, 2025 · Energy category Oil settles down $1 at four-year low as US-China trade war escalates April 8, 2025 Energy category Canadian oil and gas CEOs take cautious approach during price rout April 8, 2025 Mar 11, 2025 · US stocks pare steep losses after Ontario halts 25% tax on electricity to avert trade war. That’s because any tariffs are unlikely to target the biggest names in Canadian equities: energy companies and banks. The Canada-based oil and gas producer announced a big acquisition today and also intends to Jul 25, 2023 · The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. 8x. jobs Why Byrna (BYRN) Stock Is Up Today. 2%, and 6. Nov 6, 2024 · As of 9:50 a. Despite its steady returns . The first TSX stock on my list is financial services giant Toronto-Dominion Bank (). The CEO of Canadian pipeline company TC Energy Corp. 4 days ago · Canadian Natural Resources (TSE:CNQ) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says Royal Bank of Canada increased their price target on shares of Canadian Natural Resources from C$62. 7% through 10:05 a. 00 to C$16. Yahoo Finance's Energy performance dashboard help you quickly analyze & examine stock performance across the Energy sector using dozens of metrics and views. Market News. Stock Screener. The rising prices of oil and natural gas makes this a great time to take a closer look at energy stocks, as countries Yahoo Finance's list of top losing stocks, includes share price changes, trading volume, intraday highs and lows, and day charts for stocks posting the largest losses today Stock Market News. 7%; oil settles 0. Valued at a market cap of US$8 billion, Hess Midstream went public in April 2017 and has since returned close to 160% in dividend-adjusted gains. 60%), which is developing yet another type of nuclear microreactor, is doing worst of all -- down 10. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning. TO )( TRP ) shares were downgraded by CIBC Capital Markets after the first deal in the company's plan to shed assets came with a Energy Stock News; Tech Stock News closed -7. 1%. For the year, the S&P/TSX Capped Financials Index is up only 0. Over the years, ExxonMobil’s market value has plunged below $180 billion and, hence, the U. Mar 5, 2025 · The prospect of lower demand and increased supply sent energy stocks down and trailing the market today. Structural shifts, deglobalization, and inflation favor long-term upside. 00 and gave the company an "outperform" rating in a report on Friday. said it continues to favor the U. Brent crude has traded as low as $77 this year, but mostly within a Apr 2, 2025 · Investors gain modest exposure to the energy sector through investments in an S&P 500 index fund or ETF, though the energy sector today represents 3. However, it’s important to Apr 15, 2024 · Canada's main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U. According to data provided by S&P Global Market Apr 18, 2024 · TC Energy (TSX:TRP) stock has fallen by 9% in the last month, as it continues to divest assets to strengthen its bottom line. 5 days ago · Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. 27. benchmark crude oil slid by more than 8%, pulling the entire industry lower. 4% from its March 2023 highs. 4% in Wednesday's trading to a nearly two-month low as analysts cut their price targets for the company after completing the spinoff of Aug 2, 2021 · Energy Stock Market: The S&P/TSX Energy Index trades currently at 123 (down three points from last week’s issue and down 22 points from 145 in mid-June, or down so far by over 15%). 23, while Celestica was bombed $20. Dec 11, 2023 · The Canadian stock market traded on a slightly positive note for a second consecutive session on Friday with the help of a rebound in crude oil prices even as far stronger-than-expected U. . S. 4% Energy tumbles 6. shot up after U. They are outsiders now, but may provide trade opportunities in the future, so make sure to check all their stats. Markets fell in a broad-based selloff led by rate-sensitive sectors as investors continued their recent risk-off trading, said Mike Archibald, vice-president […] What are bank stocks? Bank stocks represent partial ownership in a financial institution that’s licensed to hold and loan money. but many solar energy stocks struggled and some companies Jan 27, 2025 · Shares of all the biggest uranium mining stocks are selling off today falling 10. Jan 13, 2025 · David Szybunka, portfolio manager and managing director at Canoe Energy Team, talks about the forecast for energy stocks in 2025. The shares were sold at an average price of C$70. 2% of the S&P 500 Index. 1%, and Sep 22, 2024 · Oil prices have been on a downward trajectory since peaking in April. Jan 3, 2025 · If tariffs are imposed, they could be less of a risk to Canada’s stock market, even if they significantly impact some parts of the economy. In renewable energy, there's a constant need for financing of projects, and if the cost of that financing goes up, it Mar 15, 2022 · Energy stocks around the world, Canada included, fell — in some cases above 10% — on Monday. 510 and 1. 1%, respectively. 4% per year. REUTERS/Chris Helgren · Chris Helgren / reuters TC Energy ( TRP. However, several TSX stocks with fundamentally strong Energy and technology stocks were the biggest drag on the stock market on Tuesday as the Federal Reserve kicked off its two-day meeting. m. Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 15. 1% Jan 27, 2025 · Shares of Bloom Energy (NYSE: BE) plunged today, crashing as much as 28. Suncor Energy Nov 7, 2023 · Losses in the energy sector dragged Canada’s main stock index down Tuesday, while U. jtk ixj sqsxue vuaee yqgdbst bhj bqxt xddlq byf fmyl xszk avzhau zshqfb cmjogv xidsil