Friday, July 21, 2017

Canadian Natural Resources - CNQ.t

Canadian Natural Resources - CNQ.t is one of the largest independent crude oil and natural gas producers in the world.

The company has a diversified combination of assets in North America, the North Sea and Offshore Africa with a mix of natural gas, light oil, heavy oil, in-situ oil sands production, oil sands mining and associated upgrading facilities.

On July 20, 2017 the company reported News

Canadian Natural Resources Limited filed today a preliminary short form base shelf prospectus with applicable Canadian regulatory authorities and a registration statement on Form F-10 with the United States Securities and Exchange Commission (the “SEC”) allowing for the future issuance, from time to time, of up to US$3 billion in debt securities.

Canadian Natural also filed today a preliminary short form base shelf prospectus with applicable Canadian regulatory authorities and a registration statement on Form F-10 with the SEC allowing for the potential secondary offering of up to 97,560,975 common shares.

Thursday, July 20, 2017

Hydro One Limited - H.t

Hydro One Limited - H.t is one of North America's largest electricity delivery companies in geographic scope and asset value.

The company's core businesses earn stable, regulated returns which accounted for almost all of the $747 million in net income earned in 2014.

On July 19, 2017 the Co reported news.

Hydro One to Acquire Avista to Create Growing North American Utility Leader with C$31.2 Billion in Enterprise Value

Hydro One Limited ("Hydro One") (TSX: H) and Avista Corporation ("Avista") (NYSE: AVA) today jointly announced a definitive merger agreement ("Agreement") under which Hydro One will acquire Avista for C$67 (US$53) per share in a C$6.7 billion (US$5.3 billion) all-cash transaction. Together, Hydro One and Avista will create a North American leader in regulated electricity and natural gas business with over C$32.2 billion (US$25.4 billion) in combined assets.

Wednesday, July 19, 2017

State of emergency in B.C. extended as wildfires rage

B.C. took the unprecedented step on Wednesday of extending a state of emergency by two weeks as it battles 140 wildfires that have forced about 45,000 people from their homes. On July 7, B.C. declared its first state of emergency since 2003 as gusting winds fanned fires in the tinder-dry central and southern regions.
The fires have shuttered mines and timber operations and damaged homes and electrical infrastructure. At least seven lumber mills operated by West Fraser Timber Co., Norbord Inc., and Tolko Industries Ltd. have been affected. Lumber futures on Monday jumped by the exchange limit in Chicago to the highest in more than two months.

Imperial Metals suspended operations at its open-pit Mount Polley copper and gold mine near Williams Lake after an evacuation order was issued in the region. Taseko Mines idled its copper-molybdenum Gibraltar mine.

Element Fleet Management Corp. - EFN.t

Element Fleet Management Corp. - EFN.t is one of North America’s leading fleet management and equipment finance companies. On October 3, 2016, Element Financial separated into two public companies - an $18 billion fleet management company (Element Fleet Management) and a North American commercial finance company (ECN Capital) with $8.2 billion in owned and managed assets.

On June 8, 2017 the company released News

Element Fleet Management Corp. today announced the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to commence a Normal Course Issuer Bid.