Imperial Oil Limited (T.IMO) hit a new 52-week high of $61.44 Monday. Parent company Exxon (NYSE:XOM) filed an 8k providing detail around key factors impacting Q1 earnings; taking the mid-point of the range for each factor, it appears Exxon Q1 underlying earnings could be ~$2.39 per share, versus current street expectations for $2.17. The Company noted that the details provided are not comprehensive, and other factors could impact actual Q1 results, including the potential for a $4.0b write down of the Sakhalin-1 project in Russia. The substantial impact from liquids pricing provides a positive read-through for Exxon-controlled Imperial (TSE:IMO) as well as other upstream levered names; of note,
Cenovus Energy Inc. (T.CVE) hit a new 52-week high of $21.26 Monday. Cenovus is announcing the suspension of its crude oil price risk management activities related to West Texas Intermediate (WTI). Given the strength of Cenovus’s balance sheet and liquidity position, the company has determined these programs are no longer required to support financial resilience. Cenovus will remain well positioned to generate significant free funds flow over the long term.
Enbridge Inc. (T.ENB) hit a new 52-week high of $58.05 Monday. Enbridge announced today that Al Monaco , President and Chief Executive Officer of Enbridge, is scheduled to present at the Scotiabank CAPP Energy Symposium on Wednesday, April 6.
Sigma Lithium Corporation (V.SGML) hit a new 52-week high of $20.50 Monday. SIGMA has filed its audited consolidated financial and operating results and management's discussion and analysis for the year ended December 31, 2021 . Sigma Lithium ended the year with $155.4 million in cash and cash equivalents, providing sufficient liquidity to advance the Grota do Cirilo Project into production. Sigma Lithium fully financed the capital expenditures estimated for the construction of the Phase 1 Plant and Phase 1 Mine by completing two equity financings on December 23, 2021 and February 12, 2021 , raising gross proceeds of $178.7 million
Akita Drilling Ltd. (T.AKT.A) hit a new 52-week high of $1.85 Monday. No news stories today.
AsanteGold (C.ASE) hit a new 52-week high of $1.95 Monday. No news stories today.
Brookfield Infrastructure Partners L.P. (T.BIP.UN) hit a new 52-week high of $84.72 Monday. No news stories today.
EcoSynthetix Inc. (T.ECO) hit a new 52-week high of $6.65 Monday. No news stories today.
Ensign Energy Services Inc. (T.ESI) hit a new 52-week high of $3.61 Monday. No news stories today.
Entree Resources Ltd. (T.ETG) hit a new 52-week high of $1.17 Monday. No news stories today.
Frontier Lithium Inc. (V.FL) hit a new 52-week high of $3.50 Monday. No news stories today.
First Quantum Minerals (T.FM) hit a new 52-week high of $44.61 Monday. No news stories today.
Fortis Inc. (T.FTS) hit a new 52-week high of $62.61 Monday. No news stories today.
Garibaldi Resources Corp. (V.GGI) hit a new 52-week high of 54 cents Monday. No news stories today.
Itafos Inc. (V.IFOS) hit a new 52-week high of $3.07 Monday. No news stories today.
Lithium Energi Exploration Inc. (V.LEXI) hit a new 52-week high of 36 cents Monday. No news stories today.
Precious Metals and Mining Trust (T.MMP.UN) hit a new 52-week high of $2.58 Monday. No news stories today.
Mirasol Resources Ltd. (V.MRZ) hit a new 52-week high of 74 cents Monday. No news stories today.
Orezone Gold Corporation (T.ORE) hit a new 52-week high of $1.66 Monday. No news stories today.
Ovintiv Inc. (T.OVV) hit a new 52-week high of $67.40 Monday. No news stories today.
Precision Drilling Corporation (T.PD) hit a new 52-week high of $94.89 Monday. No news stories today.
Peyto Exploration & Development Corp. (T.PEY) hit a new 52-week high of $13.72 Monday. No news stories today.
PHX Energy Services Corp. (T.PHX) hit a new 52-week high of $6.48 Monday. No news stories today.
Patriot Battery Metals Inc. (PMET:CNX) hit a new 52-week high of $1.71 Monday. No news stories today.
Pine Cliff Energy Ltd. (T.PNE) hit a new 52-week high of $1.26 Monday. No news stories today.
Pason Systems Inc. (T.PSI) hit a new 52-week high of $16.18 Monday. No news stories today.
Regulus Resources Inc. (V.REG) hit a new 52-week high of $1.42 Monday. No news stories today.
Rupert Resources Ltd. (V.RUP) hit a new 52-week high of $6.30 Monday. No news stories today.
Spartan Delta Corp. (T.SDE) hit a new 52-week high of $10.49 Monday. No news stories today.
Sprott Inc. (T.SII) hit a new 52-week high of $64.64 Monday. No news stories today.
