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Tamarack Valley Energy has agreed to acquire Headwater Exploration (TSX:HWX) in an all share deal valued at about CA$3.2b, which puts the spotlight on what this merger could mean for existing investors. Headwater Exploration’s share price sits at about CA$13.51, with short term momentum softening after a 1-day share price return that declined 1.82% and a 7-day share price return that fell 4.99%. This comes even though the year to date share price return is 41.61% and the 1-year total...
Oil Market Daily News Commentary - The U.S. Energy Information Administration expects Brent crude to average $87 a barrel across 2026 and does not expect Middle East oil production to return to near pre-conflict levels until early 2027. Goldman Sachs raised its December 2026 Brent and WTI forecasts by $5 to $85 and $80 respectively, and its 2027 numbers to $80 and $75, while flagging that Brent could clear $120 in 2027 in a scenario where Gulf output remains four million barrels a day below prew
With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
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