TMX

S&P Global Commodity Insights Raises 10-year Production Outlook for Canadian Oil Sands

Retrieved on: 
Giovedì, Maggio 9, 2024

CALGARY, AB, May 9, 2024 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year. The updated forecast expects Canadian oil sands production to reach 3.8 million barrels per day (mbd) by 2030—half a million barrels per day higher than today. The new projection represents an increase of nearly 100,000 b/d (or 3%) in 2030 from the previous outlook. This also marks the first time S&P Global is making public its outlook to 2035 where initial declines in production begin to emerge.

Key Points: 
  • CALGARY, AB, May 9, 2024 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year.
  • The updated forecast expects Canadian oil sands production to reach 3.8 million barrels per day (mbd) by 2030—half a million barrels per day higher than today.
  • The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , attributes the increased projection to producers' ongoing focus on maximizing existing assets through investments in optimization and efficiency.
  • "Oil sands production continues to grow despite concerns about the advancing federal oil gas emissions cap's potential impact on production," said Celina Hwang, Director, North American Crude Oil Markets, S&P Global Commodity Insights.

ATB Capital Markets Spring Energy Sector Survey Reveals Cautious Long-Term Optimism and Increased Focus on Growth in Canada Amidst Tempered 2024 Outlook

Retrieved on: 
Mercoledì, Maggio 8, 2024

"This bi-annual survey serves as an essential instrument for engaging with the market and deepening our understanding of the energy sector.

Key Points: 
  • "This bi-annual survey serves as an essential instrument for engaging with the market and deepening our understanding of the energy sector.
  • The shift towards prioritizing growth capital further highlights the sector's adaptability and forward-thinking approach in a complex and evolving market landscape."
  • However, expectations for growth in 2024 have dampened since ATB Capital Market's Fall 2023 survey.
  • Similarly, energy services companies are planning a modest year-on-year capex increase in 2024, with 46% intending to boost maintenance and sustaining capital expenditure.

FLINT Announces First Quarter 2024 Financial Results

Retrieved on: 
Giovedì, Maggio 2, 2024

Gross profit margin for three months ended March 31, 2024 was 8.9%, which was consistent with the same period in 2023.

Key Points: 
  • Gross profit margin for three months ended March 31, 2024 was 8.9%, which was consistent with the same period in 2023.
  • For the three months ended March 31, 2024, Adjusted EBITDAS was $3,188 compared to $5,444 for the same period in 2023.
  • As a percentage of revenue, Adjusted EBITDAS was 2.2% for the three months ended March 31, 2024 compared to 3.6% for the same period in 2023.
  • Our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2024 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.flintcorp.com and will be available shortly through SEDAR+ at www.sedarplus.ca .

CPABC: Housing Starts in the Cariboo Hit Decade Low, While Major Project Inventory Jumps on TMX Cost Overruns

Retrieved on: 
Lunedì, Aprile 15, 2024

“New housing development really fell off this year as new investment tapered off,” said Corey Naphtali, CPA, CA, partner at KPMG Canada.

Key Points: 
  • “New housing development really fell off this year as new investment tapered off,” said Corey Naphtali, CPA, CA, partner at KPMG Canada.
  • The remaining 183 starts were in detached or semi-detached units, marking a more modest 17.6 per cent drop in activity.
  • Starts in Williams lake (25) also fell year-over-year, while new residential units increased in Quensel (69).
  • The final cost of the project is yet to be determined, but it is expected to be operational by mid-2024.

TMX Transform Bolsters North American Presence with New Hires from Kroger and CHEP USA

Retrieved on: 
Martedì, Aprile 23, 2024

CLEVELAND, April 23, 2024 /PRNewswire-PRWeb/ -- TMX Transform, the leading end-to-end supply chain consultancy serving global businesses, today announced the appointment of Chris Michel, former Vice President of Technology at Select Brands, as Director of Digital Solutions, and Jeff Wullenweber, a 24-year veteran of CHEP USA, as Vice President of Business Development.

Key Points: 
  • He brings a unique combination of technical expertise, practical application, and strategic vision to TMX Transform, which will help solve countless challenges for our clients," said Jeff Bornino, President, North America, TMX Transform.
  • "I have had the pleasure of working with Chris for many years and I'm excited to welcome him to the TMX Transform family."
  • Joining the TMX Transform team was an obvious choice, and I'm eager to help our clients drive business value through digital transformation."
  • Jeff Wullenweber joins TMX Transform from CHEP USA, where he managed the P&G and Kroger business development teams.

Global Trading Platform Moomoo CA Rings the Opening Bell at Toronto Stock Exchange

Retrieved on: 
Martedì, Marzo 26, 2024

Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.
  • Moomoo CA rings the opening bell at Toronto Stock Exchange.
  • Moomoo CA is honored to be approved by TMX effective March 29th as a non-trading member of the TSX/TSXV.
  • It's a new milestone for moomoo as we continue to expand our services and offerings in the Canadian market."

Quincy Data Distributes the Lowest Latency Market Data Between New Jersey and Toronto-TMX

Retrieved on: 
Lunedì, Aprile 8, 2024

Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.

Key Points: 
  • Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.
  • “For years, consumers of ultra-low latency market data in Toronto have had only one option,” said Quincy Data co-founder Stephane Tyc.
  • In the coming months, Quincy and sister company McKay Brothers plan to extend their market data and private bandwidth services to Toronto’s Equinix-TR2 data center.
  • Quincy Data distributes an extensive portfolio of low latency market data globally.

Perimeter Medical Imaging AI Announces Participation at the Upcoming Annual Meeting of the American Society of Breast Surgeons (ASBrS) and Provides Corporate Updates

Retrieved on: 
Giovedì, Aprile 4, 2024

On April 3, 2024, the Company approved the grant of 470,000 stock options to certain directors and company officers, and 863,177 options to employees as a key retention incentive tool.

Key Points: 
  • On April 3, 2024, the Company approved the grant of 470,000 stock options to certain directors and company officers, and 863,177 options to employees as a key retention incentive tool.
  • Velocity Trade is a member of the TMX, and of the Canadian Investment Regulatory Organization (CIRO).
  • The funding and securities required for these services undertaken will be provided by Velocity Trade.
  • Velocity Trade and Perimeter are not related parties and have no other agreements other than the market liquidity agreement which is the subject of this news release.

50/50 WOMEN ON BOARDS KICKS OFF SECOND ANNUAL 50 WOMEN TO WATCH FOR BOARDS CAMPAIGN

Retrieved on: 
Venerdì, Marzo 8, 2024

LOS ANGELES, March 8, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading global nonprofit education and advocacy organization driving the movement toward gender balance and diversity on corporate boards, kicks-off  its second annual 50 Women to Watch for Boards campaign on International Women's Day.

Key Points: 
  • "We are steadfast in our mission of amplifying women in the pipeline for corporate board leadership," stated Heather Spilsbury, CEO of 50/50 Women on Boards.
  • According to 50/50 Women on Boards' 2023 Q4 Gender Diversity Index Research, 43 percent of Russell 3000 Index companies still have two or fewer women on their boards.
  • The 50 Women to Watch for Boards campaign addresses this disparity by providing corporations, nominating and corporate governance committee chairs, and recruiters access to a curated list of highly accomplished women ready to serve on public company boards.
  • To be eligible for the 50 Women to Watch for Boards list, candidates must be based in North America.

The 2024 CIX Top 20 Early and Top 10 Growth Award Recipients Open the Market

Retrieved on: 
Martedì, Febbraio 27, 2024

TORONTO, Feb. 27, 2024 /PRNewswire/ - Lisa Zarzeczny, Co-founder and Chief Executive Officer, Elevate, and her team, along with founders of the 2024 CIX Top 20 Early and Top 10 Growth award recipients, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange (TSX), to celebrate CIX's selection of award winners and to open the market.

Key Points: 
  • TORONTO, Feb. 27, 2024 /PRNewswire/ - Lisa Zarzeczny, Co-founder and Chief Executive Officer, Elevate, and her team, along with founders of the 2024 CIX Top 20 Early and Top 10 Growth award recipients, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange (TSX), to celebrate CIX's selection of award winners and to open the market.
  • Taking place March 26-27, 2024 in Toronto, the CIX Summit offers networking, one-one meetings, and expert advice with the highest concentration of startup execs and capital providers in Canada.
  • For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies.
  • ET and the markets will open with the sound of a siren at 9:30 a.m.