Rising oil prices set to lift ShawCor

Rising oil prices set to lift ShawCor

This oil-industry supplier is sitting on an order backlog of $606 million, with rising oil prices set to increase production and demand.
In 2017, OPEC plans to cut oil production by about 4.5%. That should help reduce the supply of oil and stabilize prices. It… Read More

Energy Stocks: Strong orders lift Enerflex

Energy Stocks: Strong orders lift Enerflex

This oil-industry supplier has seen its share price climb as producers increase their orders.
ENERFLEX LTD. (Toronto symbol EFX; www.enerflex.com) rents and sells equipment and services for natural gas production. That includes refrigeration gear, power generators, and processing plants.
On reduced gas production, Enerflex’s revenue fell… Read More