Finally, a few months ago, Prime Minister Harper emphatically insisted that it would be «crazy, crazy» to regulate climate pollution
from the oil sector.
Therefore, you can not compare the PE of a company
from Oil sector with another company from FMCG sector.
«Let us continue to stabilize the ongoing situation in the Niger Delta so that earnings
from the oil sector are not disrupted.
LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings
from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.
Not exact matches
In addition to the underperformance
from the energy
sector after U.S. military strikes in the Mideast, big
oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude
oil, have also trailed the market.
Data
from hedge fund analytical tool Kensho that examined patterns coinciding with U.S. military actions in the Middle East dating back to the 1990s show that in the day, week and month after a Mideast strike,
oil has underperformed other assets, and the energy
sector has been one of the worst in the S&P 500.
Fourth - quarter profits in Exxon's downstream
sector, which is focused on refining crude
oil into fuels like gasoline, also rose $ 323 million
from a year earlier.
THE booming
oil and gas
sector continues to draw investment into Perth's industrial
sector from offshore service providers, with the latest being a $ 120 million
oil and gas valves and pressure control
As well as its decision on upstream
oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising
from investment projects it finances in «key emissions - producing
sectors»
from 2018.
It invested in developing wind farms, only to pull back
from the
sector after deciding wind was a waste because the average wind farm delivered lower margins than the average deepwater
oil well.
Gains in
oil and base metals prices have helped push the Australian share market higher, which is getting support
from the energy, mining, and retail
sectors.
Shell's Chief Executive Officer Ben van Beurden said the
oil sector had yet to emerge
from troubled waters, but huge cost savings meant
oil majors were getting closer to balancing their operations at today's
oil prices of around $ 50 a barrel.
The TSX got some lift
from the energy
sector with
oil prices at a 15 - month high.
For GE, the deal will help it focus more on the
oil and gas
sector, especially in North America, while shielding the parent company's earnings
from the energy industry's boom and bust cycles.
Among the industries that are doing well are the construction and hospitality
sectors, along with travel / transportation and logistics / trucking, which both benefit
from low
oil and gasoline prices.
The Omani - based company leads many different initiatives in a variety of
sectors, ranging
from higher education to solar energy to core testing for
oil and gas, and even trying to build a «smart city» which may enable citizens to pay utility bills automatically, amongst other things.
From doggie spas to
oil companies, employers have been given the green light to hire temporary foreign workers even in regions of the country struggling with joblessness, including the Maritimes and southwestern Ontario, and in
sectors where there is no apparent lack of domestic candidates.
Jim Cramer pointed out the contradictory action in
oil prices and airline stocks, two related
sectors benefiting
from the bull market.
That is because banks, private - equity firms and institutional investors have continued to pour money into the
sector even as
oil companies slashed billions of dollars in spending
from their budgets and laid off more than 100,000 workers.
Reality hit when Lamb and his sales team kept hearing the same message
from prospective
oil sector customers.
As the
oil sector becomes increasingly focused on margins, Parex benefits
from the low costs in that country, without the market access problems that impose a discount on crude prices in Western Canada.
It was a stunning move against one of France's most powerful tycoons, whose Bollore Group has vast holdings
from transport and media to the
oil sector.
Everyone
from medical equipment suppliers to software producers to food services companies — all of these
sectors service the
oil and gas industry, and many of the largest happen to be based in the U.S.
The risk banks face within the
oil and gas
sector is currently «contained,» but the outlook remains far
from certain, he said.
Mexico's newly liberalized energy
sector, for example, has started welcoming private companies interested in investing in everything
from oil production to storage.
Suncor provides a good, diversified example of the
sector — Suncor markets
oil sands products
from a variety of operations, both mining and in situ operations, and sells both diluted bitumen and synthetic products including diesel fuel.
Peter Duncan, Microseismic founder & CEO, and Andrew Tang, AutoGrid vice president, discuss how the energy
sector,
from big
oil to the power grid, is getting a profit boost
from big data.
From the agriculture industry and the
oil sector, to franchises and marijuana retailers, the recurrent themes that pose hurdles for smaller players are too much regulation, minimum wage hikes and immigration reform.
He said capital investment in the
oil and natural gas
sector increased globally in 2017, but fell in Canada to $ 45 billion, down 19 per cent
from 2016 and 46 per cent
from 2014.
For example, should the leadership of a biofuels company come
from the biotech
sector or an
oil and gas monolith?
For years now, investor portfolios in Canada have been taking an undue amount of punishment
from the
oil and gas
sector.
Precision shares, though, are off nearly 30 %
from their all - time high, as the company's earnings have been hit by weakness in the
oil and gas
sector, where the majority of the company's non-aerospace sales come
from.
The tariffs, along with the stabilizing energy
sector from the rising price of
oil, could be great news for steelmakers in 2016.
Build on its record as the first government to achieve an absolute reduction in greenhouse gas emissions by working with provinces to reduce emissions
from the
oil and gas
sectors while ensuring Canadian companies remain competitive.
Looking ahead into 2018, I am keeping a close eye on the energy
sector, where the ability of US exploration and production (E&P) companies to grow
oil production — at half the price of
oil from just a few years ago — remains a competitive advantage for these firms.
A chart
from oil giant BP's Statistical Review of World Energy 2014 report shows how the energy intensive
sectors of the Chinese economy «virtually collapsed».
«There is a considerable negative impact on global growth
from the energy
sector due to the sharp decline in investments, mainly in the
oil and gas
sector as well as lower output values.»
The United States stands ready to assist Nigeria in diversifying its economy beyond the
oil sector, a regional U.S. secretary said
from Washington, D.C..
Little wonder that the promise of benefits
from oil sands development is cold comfort for Ontarians and Quebeckers as the once - dominant manufacturing
sector struggles to reinvent and revitalize itself.
In fact, absent new measures Environment Canada's 2014 emissions trends report projected that
oil sands emissions would drive increased emissions
from the
oil and gas
sector of 45 Mt CO2e (to a total of 204 MtCO2e) between 2005 and 2020, offsetting the emission reductions made in other
sectors.
Both Canada and Norway have benefited
from higher world energy prices, but the
oil and gas
sector accounts for a much larger proportion of the economy in Norway.
Although the collapse in investment was as acute in Canada as it was in other advanced economies, Canadian business investment bounced back relatively quickly, as the
oil and gas
sector benefited
from a sizable rebound in commodity prices (Chart 1).
CN Rail, for instance, was prepared in the fall of 2011 to increase shipments of bitumen, the heavy
oil from Alberta's oilsands
sector,
from 10,000 barrels of bitumen per day to 200,000 barrels per day.
Energy represents about a fifth of Canada's market cap and earnings growth is very much tied to fortunes in the
oil patch (nearly half of the expected 22 % earnings growth for the S&P / TSX Composite Index in 2017 flows
from the energy
sector, we calculate).
These shocks range
from a hard and bumpy landing in China to a potential recession in the United States as the
oil and manufacturing
sectors face some duress and as the unsubsidized price of money again enters into the equation.
According to press reports, China will double its direct investment in Nigeria's
oil sector from $ 3 billion to $ 6 billion.
The timing is opportune for the
sector, as it slowly emerges
from the
oil - price collapse.
When the year began, many investors anticipated strong earnings growth mostly coming
from the energy
sector, and many
oil analysts had targeted crude prices in the upper US$ 50s to low US$ 60 / barrel range over the course of 2017.
The performance of the Dogs also benefited
from its two holdings in the energy
sector, which were boosted by the strong rebound in
oil prices since mid-winter.
But even as the energy
sector rebounds
from a three - year downturn, the Conference Board does not expect the Canadian
oil sector to post the record $ 116 billion in revenue it did in 2014 — when
oil prices were over US$ 100 per barrel — until 2021, when it is expected to pull in $ 119 billion.