Canadian Stock News

In the second quarter of 2026, Baytex Energy Corp. reported higher revenue and net income year over year, exceeded prior production guidance, and raised its 2026 production outlook to about 71,000 boe/d with a Q4 exit rate target of roughly 72,000 boe/d. Alongside this higher production profile, Baytex has been actively shrinking its share count through substantial buybacks, which increases each remaining investor’s exposure to both operational outcomes and commodity price swings. With...

Athabasca Oil Corporation recently reported past second-quarter 2026 results showing revenue of C$292.26 million versus C$348.15 million a year earlier, while net income increased to C$66.17 million from C$56.87 million and diluted EPS from continuing operations rose to C$0.13 from C$0.11. The company also reported lower production volumes year over year but still guided full-year 2026 output toward the high end of its 37,000–39,000 boe/d range, even after planned turnarounds. We’ll now...

Markets are being pulled in different directions as investors track everything from higher bond yields in the US and Europe to shifting trade flows across Asia and mixed signals from Latin America. In this kind of cross-current, many investors focus only on headline giants and ignore smaller companies with solid balance sheets and resilient business models. The High-Quality Undiscovered Gems screener is built to surface these overlooked stocks that larger funds may be missing. In this article...

In late July 2026, Canadian Pacific Kansas City Limited reported second-quarter 2026 results showing higher revenue of CA$4,164 million but lower net income of CA$1,024 million year-on-year, alongside the retirement of Board Chair Isabelle Courville and the appointment of long-time director Gordon Trafton as her successor. At the same time, the company continued returning cash to shareholders with a completed CA$1.94 billion buyback program and a reaffirmed quarterly dividend of CA$0.268 per...

Fairfax India Holdings Corporation has reported past results for the quarter and six months ended June 30, 2026, with second-quarter revenue of US$283.20 million and net income of US$227.92 million, both lower than the same period a year earlier, alongside reduced basic earnings per share from continuing operations. Over the first half of 2026, the company moved from revenue of US$118.12 million and net income of US$66.89 million a year earlier to revenue of US$85.97 million and a net loss...

Q2 results and new guidance shift focus to Aecon Group stock Aecon Group (TSX:ARE) just posted record second quarter revenue and a sharp increase in adjusted EBITDA, while reaffirming its outlook for double digit revenue growth in 2026 supported by a secured backlog above $10b. The company reported CAD 1,631.01 million in second quarter sales, compared with CAD 1,301.58 million a year earlier. Despite this higher sales base, Aecon Group recorded a net loss of CAD 108.08 million, compared with...

Cameco walked into this earnings print priced for perfection. The stock closed on 31 July at CA$120.98, yet it is trading on a P/E of 81x against an industry closer to 22x. That kind of premium leaves very little room for quarterly missteps. The headline from this quarter is less about a single blowout number and more about how profit holds up against that valuation strain. Trailing net margin sits at 18.4% compared with 7.6% a year earlier, which keeps the long nuclear thesis alive but also...

Celestica stock has delivered a very large 5 year return while the latest valuation checks suggest the shares still trade at a discount to an estimate of intrinsic value based on a Discounted Cash Flow (DCF) model. Over the past 5 years, Celestica has returned about 41x, which puts extra focus on whether the current share price can still be justified by fundamentals. Recent upgrades to longer term revenue expectations may support the higher valuation, while any disappointment on future cash...

Ballard Power Systems went into this earnings run with the stock down 33% over the past month and nearly 19% over 90 days, as investors questioned what they were really paying for in a high P/S hydrogen story. The headline from this release is margin repair. Q2 revenue came in at US$20.6 million with a 20% gross margin and adjusted EBITDA loss of US$9.8 million, backed by US$502 million of cash. For a company long associated with long-dated promises and heavy losses, this quarter focuses on...

Magna International stock has quietly added 16.3% over the past three months, helped by investors leaning into an auto parts recovery story. The latest quarterly print now puts that optimism to the test. Q2 2026 delivered adjusted earnings per share of US$1.86, a record for the quarter, and an adjusted EBIT margin of 6.2%, with free cash flow of US$617m. The gap that matters for you is simple. The market had already priced in gradual repair work. This earnings release showed a sharper...

Imperial Oil heads into this earnings season with the stock at CA$181.75 after a strong 30-day gain of about 14%. The market has clearly been willing to pay up, even with a trailing P/E of 30.1x that sits above Canadian oil and gas peers. The headline this quarter is profit quality. Net income of CA$2.19b and operating cash flow of about CA$2.7b put cash behind the valuation, while management focuses on its integrated oil sands model to support dividends and increased buybacks. The key...

George Weston stock has been grinding higher in recent months, with a 90 day gain of about 7%. Yet the real story sitting behind that move is a valuation question that just became sharper after this earnings release. The company is trading on a trailing P/E of 39.4x and a share price of CA$104.77, while a discounted cash flow model points to CA$66.04. Earnings and revenue are forecast to grow only a few percent a year. The immediate numbers look steady. The key question for long term...

TransAlta entered this earnings season with a stock that has sagged in the short term and a reputation as a renewable power player that is working to turn improving operations into durable cash flow. The headline from this quarter is cash generation. Adjusted earnings before interest, tax, depreciation and amortization came in at CA$291 million, and free cash flow reached CA$143 million, supported by a hedge book that secured realized power prices well above weak Alberta spot markets. Love...

Fortis entered this earnings season with a calm chart and a nervous question hanging over it. The stock has slipped over the past week and month, yet investors are still paying a P/E of 23.7x, above both utility peers and the wider industry. That premium only holds if the numbers back it up. The headline this quarter is simple. Earnings per share in the second quarter landed at CA$0.78 and the trailing net profit margin sits at 14%. The market seems to be punishing the stock while the core...

Foraco International heads into this earnings season with the stock under pressure, down over the past week, month and quarter even as rig utilization has climbed to 51% and quarterly revenue reached about US$84.5 million. The market has been trading the balance sheet worry instead of the drill bit story. The headline from this release is margin strain. Gross margin in the first half has stepped down from the prior year while revenue and backlog sit at record levels. Today’s price action...

The looming risk of a major WestJet flight attendant strike is shaking up Canadian airline and aviation stocks, and that kind of disruption can quickly reshape where risk and potential opportunity sit in your portfolio. Travel plans may be rebooked, costs may shift, and investor sentiment can move fast when operations look uncertain. This article walks through three Canadian stocks exposed to this labor dispute, with two that could see support from diverted demand and one that may face direct...

Brookfield Business came into this earnings season with the stock under pressure, down roughly 11% over the past three months, even as the latest close sits at CA$41.58. The market has been treating it like a troubled private equity platform with thin cushions, partly because the trailing 12 months still show a net loss and weak interest coverage. Quarter two results now put that anxiety up against a different story. Adjusted funds from operations rose to US$289 million, ahead of last year,...

Enbridge came into this earnings season with the stock treading water. The share price is roughly flat over the past month and only slightly higher over three months, which indicates expectations were muted rather than euphoric. The headline from Q2 is not about a revenue surge or a flashy earnings per share beat. It is the quiet strain on profitability and the balance sheet. Net margin over the last twelve months sits at 9.3% and leverage at 5.1x debt to earnings before interest, tax,...

Rising producer prices are putting fresh attention on companies that sit closer to the start of the supply chain, where cost pressures first appear and pricing power really matters. With the latest PPI data pointing to higher input costs, some businesses may be better placed than others to defend margins or benefit from stronger selling prices. This article looks at three stocks from our Commodity Producers screener that are directly exposed to this shift in inflation signals. Each offers a...

AI energy demand is rising, inflation expectations are still on the radar in the US and Europe, and energy markets remain sensitive to geopolitical risk. Many investors are asking where reliable, carbon-free baseload power fits into portfolios. The Nuclear Renaissance screener focuses on companies linked to nuclear infrastructure that aim to provide 24/7 power for data centers and climate goals. It filters for businesses positioned around long-term energy commitments rather than short-term...

Markets are wrestling with stubborn inflation, higher yields and shifting policy signals across the US and Europe, which puts cash generation and valuation discipline firmly in the spotlight for stock pickers. When central banks keep rates elevated and growth signals are mixed, investors often pay closer attention to companies whose cash flows are supported by real underlying activity. This is where the Undervalued Stocks Based On Cash Flows screener can help. It focuses on companies that SWS...

Alamos Gold (TSX:AGI) has drawn fresh attention after its late July earnings release paired higher second quarter sales and net income with a cut to 2026 production guidance and higher cost expectations. See our latest analysis for Alamos Gold. Since the late July earnings release, Alamos Gold’s share price has moved lower, with the stock down 9.40% on a 1 month share price return and 26.07% year to date on a share price basis, even as the 1 year total shareholder return is 14.18% and the 5...

Fortis stock has delivered a solid 68.9% return over the past 5 years, yet the current checks point to a mixed valuation picture rather than a clear bargain or an obvious stretch. Over the last 5 years, Fortis has returned 68.9%, which puts recent share price moves in the context of a steady longer term climb. Progress on regulated capital projects and rate base growth may support earnings and cash flow expectations, while the ongoing need for large capital spending can weigh on how much...

ATS (ATS) is approaching its August 6, 2026 earnings release, with consensus pointing to a year-over-year decline in both earnings and revenue. The combination of an expected earnings drop, lower sales, and a Zacks Rank of 4 highlights cautious sentiment and uncertainty around whether ATS can meet analyst forecasts. With ATS facing expectations of weaker quarterly results, we’ll examine how this shapes its automation-led investment narrative and acquisition-driven growth plans. The latest...