Canadian Oil and Gas Stock News

Manulife Financial stock closed at CA$62.52, capping a 90 day gain of about 14%, so investors came into this earnings print with momentum already on their side. The headline this quarter is profit quality. Trailing earnings grew 26% over the past year while net profit margins sit at 18.5%, comfortably above last year’s 15.6%. That combination of earnings growth and firmer profitability now bumps up against a valuation puzzle. The P/E multiple is below direct peers, yet above the wider...

Lumine Group Inc. reported its second-quarter 2026 results, with revenue rising to US$235.06 million from US$183.96 million a year earlier, while net income slipped to US$15.44 million from US$23.55 million, and diluted EPS from continuing operations eased to US$0.06 from US$0.09. Over the first six months of 2026, the company generated higher revenue of US$443.41 million versus US$362.65 million a year ago, but lower net income of US$34.45 million compared with US$44.33 million,...

Canadian Natural Resources (TSX:CNQ) just reported record second quarter 2026 results, including its highest oil sands mining production, increased full year production guidance and another dividend increase that extends a 26 year growth streak. See our latest analysis for Canadian Natural Resources. Canadian Natural Resources shares trade at CA$63.83 after a 10.55% 30 day share price return and a 35.46% year to date share price return. The 1 year total shareholder return of 59.82% points to...

Energy Fuels stock closed at CA$18.05 after a choppy few months that left shares down roughly 38% over 90 days, yet the latest quarter leans hard into the company’s big ambition to become a mine to magnets powerhouse. The market saw another loss and moved on. The headline is that Q2 uranium revenue of about US$25 million carried a solid gross margin in that segment, while the bottom line swung to a net loss of US$33.4 million as Energy Fuels poured cash into rare earth build out and...

Labrador Iron Ore Royalty stock closed at CA$27.15, roughly flat over the past week and slightly down over the past three months, even as the latest quarter put a harsh spotlight on profitability. Q2 2026 basic earnings per share came in at CA$0.17 on revenue of CA$34.1 million, well below the royalty rich quarters investors grew used to in 2025. The real story now sits on a longer horizon. Net profit margin has eased to around 50%. The dividend yield is flagged as poorly covered, and the...

Equinox Gold stock has climbed over the past week but still sits below its 90 day level. The Q2 print forces a sharper question. You now have a mid cap miner trading on a P/E of 19.2x and carrying a Double Discount, with the market price well under a discounted cash flow estimate, yet expectations for the business are loaded into the out years. The headline from this quarter is the earnings trend. Basic earnings per share moved to US$0.28 in Q2 and trailing twelve month earnings from...

Triple Flag Precious Metals stock has been drifting higher in recent weeks, with the share price up about 8% over both the past week and the past month, so expectations coming into this earnings print were already firm. The market now has to digest a quarter where basic earnings per share reached US$0.76 and adjusted EBITDA hit US$117 million. That combination throws the spotlight firmly on earnings quality and the sustainability of very high reported profitability rather than on any single...

Fortuna Mining went into this print looking like a value play, trading at CA$13.43 with a P/E of 7.7x against richer metals peers and a discounted cash flow estimate almost twice the current price. The stock has delivered a mixed run recently, with a 30 day gain and a weaker 90 day patch, so expectations were finely balanced. The headline from Q2 is profit pressure. Basic earnings per share landed at US$0.25 on revenue of US$318.4m while trailing 12 month net income carries a 32% margin. The...

Propel Holdings closed today at CA$28.72 after a strong multi month run, yet the real story sits inside the earnings line. Quarterly revenue came in at US$179.6m with basic earnings per share of US$0.41, while trailing net profit margin sits at 8.8%, lower than a year earlier at 11.5%. The stock now trades on a P/E of 13.9x against an industry average of 9.4x, which puts the pressure on future profitability. For long term investors, the key question is how this margin squeeze fits with growth...

The Canadian market has been navigating through a complex landscape, with lower energy prices potentially easing inflation pressures while the U.S. labor market remains robust, allowing policymakers to focus on price stability. In such an environment, investors often look for opportunities that combine value and growth potential. Penny stocks, despite their somewhat outdated moniker, continue to offer intriguing possibilities for those willing to explore smaller or newer companies with strong...

In July 2026, Cardinal Energy Ltd. reported past second-quarter and first-half 2026 results showing higher production of 25,636 boe/d for the quarter and 25,791 boe/d for the six months, alongside revenue of C$193.99 million and C$314.9 million, respectively. The company’s net income and earnings per share from continuing operations increased materially year on year, underscoring a period of stronger operational efficiency and profitability. Next, we’ll examine how Cardinal Energy’s sharply...

Brookfield (TSX:BN) has completed its acquisition of Oaktree, expanding its global credit platform and U.S. presence. The deal brings Oaktree's established credit expertise under Brookfield's umbrella, reshaping the scale of its credit operations. The U.S. now represents Brookfield's largest market, reflecting a deeper focus on credit and alternative investments in that region. The transaction marks a shift in Brookfield's business mix, with credit playing a larger role alongside its...

Gold prices above $4,300 per ounce, softer US rate expectations, and renewed central bank buying have pulled precious metals back into the spotlight. When money shifts like this, it can reward some stocks and leave others behind, and that gap is where opportunity lives for investors who pay attention. This article breaks down how this backdrop connects to three gold mining and precious metals stocks exposed to the latest news. The three stocks covered below are just a starting sample. The...

Celebrations may be in order for Ero Copper Corp. ( TSE:ERO ) shareholders, with the analysts delivering a significant...

As the Canadian market experiences solid earnings growth with 64% of S&P/TSX companies surpassing estimates, investors are keenly observing how broader participation in earnings can enhance market stability. In this environment, identifying undervalued stocks becomes crucial, as these opportunities may offer potential for growth amid resilient economic conditions and steady consumer spending.

As the Canadian market navigates a landscape marked by lower energy prices and resilient consumer spending, investors are closely watching developments in inflation and potential monetary policy shifts. For those willing to explore beyond established giants, penny stocks—often representing smaller or newer companies—remain an intriguing area for potential growth. While the term "penny stock" might feel dated, these investments can still offer significant opportunities when backed by solid...

Endeavour Silver Corp. ( TSE:EDR ) announced strong profits, but the stock was stagnant. Our analysis suggests that...

Celestica Inc.'s ( TSE:CLS ) stock was strong after they recently reported robust earnings. However, our analysis...

Jaguar Mining Inc. ( TSE:JAG ) insiders who purchased shares in the last 12 months were richly rewarded last week. The...

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Thomson Reuters went into this earnings release with the stock essentially flat over the past week and up in the low double digits over the month, which signals a patient but cautious tape. The emotional swing today is all about one thing: the company put up solid profit and cash generation, with adjusted earnings per share of US$0.99 and free cash flow of US$727m, while lifting full year revenue guidance toward roughly 8% organic growth. The market now has to decide whether that earnings...

Teck Resources (TSX:TECK.B) is on investors’ radar after reporting second quarter 2026 results that showed higher sales and net income, supported by stronger copper production, record copper prices, and relatively stable operations. See our latest analysis for Teck Resources. The strong second quarter has arrived alongside rapid share price gains, with Teck Resources posting a 14.46% 7 day share price return and a 40.26% year to date share price return, while the 1 year total shareholder...

Green Thumb Industries walked into this earnings print with the stock under pressure, down about 4% over the past week and about 16% over three months, and sitting at CA$9.31 at yesterday’s close. The headline from the quarter is clear. Revenue reached about US$307 million while net income came in at roughly US$4.9 million, a much thinner profit than recent quarters, pointing to a profit squeeze rather than a demand problem. Short term traders are reacting to the margin hit. Longer term...

Granite Real Estate Investment Trust reported past second-quarter 2026 results with sales of C$163.83 million and revenue of C$165.09 million, while net income declined to C$70.02 million compared with a year earlier. Across the first half of 2026, the trust increased sales and revenue year on year and lifted net income to C$161.27 million, highlighting a contrast between stronger half-year profitability and weaker quarterly earnings. We will explore how this mix of higher revenue but softer...