About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

Core Insights - Warren Buffett may retire as CEO of Berkshire Hathaway at the end of this year, but the investment decisions of the conglomerate continue to reflect his views on the economy [1] Investment Focus - Throughout 2025, Berkshire's investments have concentrated on brands that are closely tied to consumer health and prospects, with American consumers showing resilience post-pandemic [2] - Berkshire has been cautious about the AI stock trend, opting instead for investments in essential brands that align with long-term consumer goals [3] Specific Investments - Berkshire has significantly increased its stake in Lennar Corporation by 265%, now holding approximately 7 million shares valued at over $886 million, despite Lennar's share price dropping 28% in the past year [4] - The company has also increased its stake in Chevron by 3.45 million shares in the second quarter of this year [7] - Berkshire's investment in Constellation Brands has more than doubled to about 12 million shares worth $2.2 billion, reflecting a shift towards consumer-centered brands [10] Market Conditions - The U.S. housing market faces a severe shortage of over 4.7 million homes, exacerbated by rising costs and limited supply, which are hindering new home construction [6] - The Federal Reserve has begun lowering interest rates, which could lead to lower mortgage offers for consumers, although the federal funds rate does not directly set mortgage rates [5] Consumer Spending Trends - Gasoline prices have stabilized, contributing to consumer spending growth, with gas accounting for about one-third of the growth in consumer buying last month [9]

Calgary, Alberta--(Newsfile Corp. - October 17, 2025) - Bonterra Energy Corp. (TSX: BNE) will be a Presenter at the Schachter Catch the Energy Conference, which will take place on Saturday, October 18th at Calgary’s Mount Royal University. Patrick Oliver, President, CEO & Director, will be presenting and joining members of the Bonterra Energy Corp.'s management team at their exhibitor booth for more information throughout the day. To learn more and to register, please follow this link. "If you’re investing ...

Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1] Group 1 - The content includes general news and personal analysis intended for educational and research purposes [1] - It highlights that the information provided does not constitute any recommendation or advice for investment actions [1] - The article warns that the information may not be accurate or provided in real-time, and prices may be sourced from market makers rather than exchanges [1] Group 2 - The website discusses complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It encourages users to perform their own research and understand the risks involved before investing in any financial instruments [1] - The article states that FX Empire does not endorse any third-party services and is not liable for any losses incurred from using the information provided [1]

Group 1: Cenovus and MEG Offer - Cenovus has made an offer valuing MEG at $8.6 billion, which includes assumed debt, structured as half cash and half stock [1] - MEG shareholders are scheduled to vote on the proposal on October 22 [1] - Both companies have neighboring oilsands properties located at Christina Lake, south of Fort McMurray, Alberta [1] Group 2: Parkland and Sunoco Deal - Sunoco LP's proposed acquisition of Parkland Corp. has received approval under the Investment Canada Act, marking a significant regulatory milestone [2] - The deal, valued at US$9.1 billion including assumed debt, was announced in May following a proxy battle with investors dissatisfied with Parkland's performance [4] - Parkland operates various gas station chains and a refinery in Burnaby, B.C., supplying nearly one-third of the region's gasoline and jet fuel [5] Group 3: Regulatory and Market Context - The Parkland-Sunoco deal comes amid heightened Canada-U.S. relations and increased resource nationalism, particularly in light of U.S. tariffs [3] - The Canadian government has updated national security guidelines to assess foreign investments based on their potential impact on economic security [3] - The deal has cleared a U.S. antitrust hurdle, with shareholders approving the takeover in June [6] Group 4: Cineplex Digital Media Sale - Cineplex Inc. has agreed to sell its Cineplex Digital Media subsidiary to Creative Realities Inc. for $70 million [8] - The sale is expected to provide Cineplex with significant capital to enhance shareholder value, with proceeds aimed at strengthening the balance sheet and funding share buybacks and debt reduction [9] - The transaction is anticipated to close in the coming weeks, pending regulatory approvals [9]

Chevron Corporation (NYSE:CVX) is included among the 15 Dividend Stocks that Have Raised Payouts for 20+ Years. UBS Reaffirms Buy Rating on Chevron (CVX) Ahead of Q3 Earnings, Sees Long-Term Growth in Guyana and Beyond On October 13, UB‌S reaff‌irmed its Buy ra‌ti‍ng on Chevron Corporation (NYSE:CVX) and kept its pric‍e target at $1‍97.00 ah⁠ead of the company’s third-qua‍rter 2025 earnings report. Analyst Josh Silverstein e⁠xpects Chevr‍on’s earn‍ing​s per share to fall to $1.65 fr⁠o‌m​ $1.77, l⁠ar‍gely ...

Core Insights - Two Indian refiners have made their first purchase of 4 million barrels of Guyanese crude oil from Exxon Mobil, marking a significant step in their sourcing strategy [1] - The delivery of the crude oil is scheduled for the end of 2025 or early 2026, indicating a long-term commitment to sourcing from Guyana [1] Company Summary - The Indian refiners are diversifying their crude oil supply sources by importing from Guyana, which is a relatively new player in the global oil market [1] - Exxon Mobil, as a major U.S. oil company, continues to expand its reach in international markets, particularly in emerging oil-producing regions like Guyana [1]

Core Points - Wilton Resources Inc. closed a non-brokered private placement of units at a price of $0.35 per unit, raising total gross proceeds of $782,669.90, which will be used for general corporate purposes and to pursue the acquisition of an international oil and gas property [1][5] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.45 for 12 months [2] - A finder's fee of 7.0% was paid to Haywood Securities Inc. for the proceeds raised, along with 16,030 non-transferable finder's warrants, each exercisable at $0.45 for 12 months [3] Group 2: Regulatory and Compliance Information - The securities issued will be subject to a statutory hold period of four months plus one day, expiring on February 17, 2026 [4] - Insiders purchased a total of 142,857 units, which is classified as a related party transaction, and the corporation relied on exemptions from formal valuation and minority approval requirements [5]

The intention of the Milei government was to trigger a sustained surge in oil output and exports, transforming Argentina from a marginal self-centred producer into a regional energy exporter. At the core of that ambition lies Vaca Muerta, the country’s most important energy asset and one of the world’s largest shale formations. According to the U.S. Energy Information Administration (EIA), Vaca Muerta holds an estimated 16 billion barrels of technically recoverable shale oil and 308 trillion cubic feet of n ...

Core Viewpoint - BP is selling its North Sea assets to Serica Energy for $232 million, which is expected to enhance Serica's production and cash flow, particularly through the acquisition of a 32% interest in the Culzean gas condensate field, the largest gas project in the UK North Sea [2][3][6] Group 1: BP's Financials and Market Position - BP's stock is currently priced at $33.12, reflecting a 0.67% decrease with a market capitalization of approximately $86.69 billion [5] - Jefferies maintains a "Hold" rating for BP and has increased the price target to 420 GBp from 400 GBp [1][6] Group 2: Serica Energy's Acquisition Strategy - Serica Energy plans to finance the acquisition using cash flow from the Culzean field and existing financial resources, including a $525 million reserve-based lending facility [4] - The acquisition is viewed as transformative for Serica, significantly boosting its production and cash flows [3][6]