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0.00176077004343239 0.00117384669562165 0.00152600070430813 -0.000821692686935006 0.0012912313651837 0.00387369409555127 0.00457800211292406 0.0100950815823453
Stock impact report

3 Stocks Offering Exposure to the Canadian Upstream Industry [Yahoo! Finance]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In This Article OVV ^GSPC TRMLF The Zacks Oil and Gas - Exploration and Production - Canadian industry is entering a phase of renewed strength, supported by key market shifts and infrastructure advancements. Energy exports to the United States surged in late 2024, driving the trade surplus to C$11.3 billion. Crude oil shipments jumped 11.8% in Q4, aided by a weaker Canadian dollar and preemptive stockpiling. With three-fourths of Canada's exports flowing south, this demand adds resilience to the sector. A major breakthrough came with the Trans Mountain Pipeline Expansion (TMX), which began transporting oil in 2024. This expansion increases capacity and unlocks better international pricing, strengthening Canada's position in the global markets. Meanwhile, severe cold weather has driven a surge in natural gas demand, further tightening supply. The impact of U.S. tariffs is also proving less disruptive than expected, providing stability. With a strong growth trajectory, stocks l Show less Read more
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