Whitecap Resources: Initiating With No Moat; Shares Fairly Valued
Whitecap holds a strong multidecade inventory of oil- and condensate-rich wells.
Adam Baker
Adam Baker is an equity analyst for Morningstar.
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Pembina Pipeline Earnings: Focus Drawn to Data Centers, New Crude Pipeline
We’ve raised our fair value estimate of Pembina stock.
Enbridge Earnings: Results in Line With Expectations; Line 5 Replacement Sanctioned
We’ve slightly raised our fair value estimate of Enbridge stock.
Enbridge Earnings: Momentum Continues Across All Segments
We’ve raised our fair value estimate of Enbridge stock and now see it trading in 3-star territory.
Pembina Earnings: Guidance Raised Due to Favorable Commodity Prices
We’ve lifted our fair value estimate of Pembina stock.
Tourmaline Oil Earnings: Improved Pricing Outlook but May Have To Defer Completions
We’ve raised our fair value estimate of Tourmaline stock.
Canadian Natural Resources Earnings: Deleveraging and Accelerating Returns
We’ve raised our fair value estimate of Canadian Natural Resources stock.
TC Energy Earnings: Midwest Capacity Approved; Canadian Growth Likely
We’ve raised our fair value estimate for TC Energy stock.
ARC Resources Earnings: Few Insights Into Shell Acquisition
We view the likelihood of the Shell deal closing at 100%.
Tourmaline Earnings: No Special Dividend and Deferred Capital
We think Tourmaline Oil stock is moderately overvalued.
Canadian Natural Resources Earnings: Amended Debt Target Accelerates Shareholder Returns
We’ve raised our fair value estimate of Canadian Natural Resources stock.
Qatar Shuts Down LNG Production as War Escalates
Our update on select stocks from the Oil & Gas Midstream industry.
Pembina Earnings: New Projects and Dow Revival Confront Low-Commodity Spreads
We’ve raised our fair value estimate for Pembina stock.
Enbridge Earnings: Strong 2025 Finish Sets Up 2026 for Success and New Projects
We’ve raised our fair value estimate of Enbridge stock.
TC Energy Earnings: Project Pull-Forward Makes Room for Backlog
We’ve raised our fair value estimate of TC Energy stock.
Canadian Natural: Stock Fairly Valued After Recent Pullback in Oil prices
We’re initiating coverage of Canadian Natural with a narrow moat rating.
Enbridge: We Take a Second Look After Recent Strong Performance
We’re raising our fair value estimate of Enbridge stock.
Pembina: We Transfer Coverage With No Moat Rating
We’re lowering our fair value estimate for Pembina stock.
Enbridge Earnings: Guidance Affirmed as Effects of Macro Uncertainty Are Minimal
We’re maintaining our fair value estimate for Enbridge.
