TSX Movers: Mullen Group, Gibson Energy, AltaGas

TSX Movers: Mullen Group, Gibson Energy, AltaGas

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Business

University

Hard

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The transcript covers financial updates from three energy companies. Raymond James analyst Andrew Bradford highlights the oil services company's cost control and dividend strategies. Gibson Energy is considering selling its propane unit, valued at up to $500 million, to fund growth without incurring more debt. Alta Gas reports strong earnings, boosts its dividend, and completes a restructuring to reduce expenses.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What aspect of the oil services company is highlighted as unrivaled?

Marketing strategies

Cost control measures

Research and development

Customer service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated value of Gibson Energy's propane unit?

$600 million

$500 million

$400 million

$300 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Gibson Energy planning to do with its propane unit?

Sell it

Expand it

Shut it down

Merge it with another unit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Alta Gas achieve with its natural gas processing facility?

Completed it on time and on budget

Faced delays and increased costs

Completed it under budget and ahead of schedule

Decided to postpone the project

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change did Alta Gas announce along with its earnings?

A decrease in its workforce

A reduction in its dividend

An increase in its dividend

A new partnership with another company