While most Canadian oil and gas producers remain intent on maintaining output, oil services companies are signaling a downturn next year. The Canadian Association of Oilwell Drilling Contractors (CAODC) expects a 10% decline in drilling activity in 2015 compared to this year, based on a West Texas Intermediate price of US$85. “If we have additional erosion…
Canadian drilling activity to decline 10% in 2015: industry body
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This Long/ Short Equity Firm Sees A Time-Arbitrage Opportunity In This Pest Control Merger
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More