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-0.000529402182765904 -0.000651571917250353 -0.00211760873106362 0.000407232448281572 0.00439811044144002 -0.0020361622414074 -0.00529402182765916 -0.00529402182765916
Stock impact report

Market Outlook: Canadian energy shares hit 17 year high [BNN Bloomberg (Canada)]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: BNN Bloomberg
Investors are assessing whether stronger balance sheets and capital discipline can sustain the rally. BNN Bloomberg spoke with Denis Taillefer, portfolio manager at Caldwell Investment Management, who said improved capital allocation, rising shareholder returns and selective opportunities in energy and gold are shaping his positioning as earnings season points to a still-healthy growth backdrop. Key Takeaways Canadian energy stocks closed at their first record high since 2008, despite oil prices remaining well below the roughly $145 peak reached during that cycle. Taillefer says the sector's stronger balance sheets, disciplined capital spending and focus on dividends and buybacks are driving outperformance even with near-term supply pressures in crude. He has a buy rating on Cenovus, citing synergies from the MEG acquisition, brownfield expansion opportunities, improving downstream operations and valuation at a discount to larger peers. Broadly, earnings season has been so Show less Read more
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