TSX Movers: Enerplus, Husky Energy, and NexGen Energy

TSX Movers: Enerplus, Husky Energy, and NexGen Energy

Assessment

Interactive Video

Business, Architecture

University

Hard

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The transcript discusses FirstEnergy analyst Michael Hearn's upgrade of a stock rating and price target increase. It highlights Husky Energy's potential for growth due to its discounted valuation and restructuring efforts, which position it well for an oil price recovery. Additionally, Next Gen Energy's recent $60 million financing deal and interest from potential buyers are covered.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason behind FirstEnergy analyst Michael Hearn's stock rating upgrade?

The company's restructuring efforts

A new partnership with CYF Holdings

A decrease in crude oil prices

The company's recent financing positions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What future financial action is Husky Energy considering?

Launching a new product line

Merging with another company

Reinstating cash dividends

Issuing new shares

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to analyst Paul Chang, what makes Husky Energy's valuation compelling?

Its high dividend yield

Its discounted valuation and restructuring efforts

Its recent partnership with CYF Holdings

Its rapid expansion into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount of financing announced by Next Gen Energy?

$120 million

$90 million

$60 million

$30 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many companies is Next Gen Energy in talks with for further financing?

More than 20

More than 15

More than 10

More than 5