Oil Sands Production
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Cenovus vs. Phillips 66: Is Now the Right Time to Exit?
ZACKS· 2026-02-26 17:06
Key Takeaways Cenovus shares jumped 59.6% in a year, topping Phillips 66's 19.2% surge.CVE faces pressure as WTI nears $65 and weaker WCS pricing squeezes the upstream cash flow.PSX benefits from diversified refining, midstream and chemicals, with steadier estimates.In the energy sector, Cenovus Energy Inc. (CVE) and Phillips 66 (PSX) represent two distinctly different operating models. Over the past year, Cenovus shares have soared 59.6%, comfortably outpacing Phillips 66’s 19.2% gain. However, superior st ...
Here is Why Greenfire Resources (GFR) Gained This Week
Yahoo Finance· 2025-11-18 09:29
Core Viewpoint - Greenfire Resources Ltd. (NYSE:GFR) experienced a significant share price increase of 12.66% from November 7 to November 14, 2025, making it one of the top-performing energy stocks during that week [1]. Company Overview - Greenfire Resources Ltd. is an oil sands producer focused on developing long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada [2]. Investment Activity - The share price surge was influenced by Waterous Energy Fund Management Corp. (WEF) investing over C$57 million in Greenfire by acquiring 8,703,479 common shares, raising WEF's total stake to approximately 68.3% of the issued and outstanding common shares on an undiluted basis [3]. Financial Developments - On November 4, Greenfire announced a C$300 million equity rights offering aimed at fully repaying all outstanding senior secured notes. Despite the recent gains, the share price has declined by nearly 18% since the start of 2025 [4].