The fund also bought 1,101,800 shares in Canadian Natural Resource Ltd (USA) (NYSE:CNQ), creating a position worth over $35.4 million in the oil and gas E&P.
Companies from Exxon Mobil Corp. to Canadian Natural Resources Ltd. lost a combined $2.5 billion in revenue last year on lower prices, according to Houston-based PPHB Securities LP.
So what does Fairholme's latest quarterly 13F filing tell us? ... The biggest new holdings are Chesapeake Energy (NYSE: CHK ) and Canadian Natural Resources (NYSE: CNQ ) . ... Some have more faith in the new Sears Hometown and Outlets company.
Investors also weighed some promising U.S. macroeconomic data with optimism the Federal Reserve will leave its quantitative easing program undisturbed.
WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or the "Company") is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") of Cdn$70 million aggregate principal amount of 4.00% Convertible ...
Moodys.com (press release) (registration) - May 24, 2013
Canadian Natural Resources Limited's (CNRL) Baa1 senior unsecured rating reflects its large, diversified production platform, which is poised to grow significantly through 2018, its large inventory of projects that allow flexibility and capital ...
Though the so-called external leak detection tools have been recommended by the U.S. Environmental Protection Agency for TransCanada's Keystone XL pipeline, the Calgary-based company says they're impractical for the entire project. At the EPA's request ...
The country's main stock index jumped on Monday as hopes that this week's Federal Reserve meeting would reaffirm support for the U.S. central bank's easy monetary policy spurred sharp gains in shares of financial and energy companies. The rise helped ...
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