InPlay Oil Corp. has completed the acquisition of its common shares by Delek Group Ltd., with two new board members appointed from Delek and two previous board members stepping down.

InPlay Oil Corp. has completed the acquisition of Cardium light oil assets in the Pembina area of Alberta from Obsidian Energy Ltd. for net consideration of approximately $301 million. The acquisition was funded through a combination of a bought deal financing, an amended credit facility, and the issuance of InPlay shares to the vendor.

Obsidian (OBE) resumes production after resolving its dispute with Woodland Cree First Nation. The two parties have entered into an equitable agreement that is fair and beneficial to both.

Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight. “With a blanket of heat stalling over the southern part of the country, market bulls maintained control,” said Jodi Shafto, senior natural gas reporter at Natural Gas Intel. Chart: US Natural Gas Price Have Rallied 95% Since Late April’s Lows NatGasWeather highlighted that much of the country is expected to experience temperatures ranging from the upper 70s and 80s in the Midwest and Northeast to the upper 80s and 90s elsewhere, with extreme heat in California and Texas reaching ...Full story available on Benzinga.com

Canadian Natural Resources, Ovintiv and Obsidian Energy are part of the Zacks Industry Outlook article.

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and OBE.

A number of energy companies, including Cenovus Energy and Obsidian Energy, halted some operations due to Alberta wildfires.

Upgrades Canaccord Genuity upgraded the previous rating for Sigma Lithium Corp (NASDAQ:SGML) from Speculative Buy to Buy. The current stock performance of Sigma Lithium shows a 52-week-high of $40.30 and a 52-week-low of $12.75. Moreover, at the end of the last trading period, the closing price was at $38.78. Wells Fargo upgraded the previous rating for Danaher Corp (NYSE:DHR) from Equal-Weight to Overweight. In the fourth quarter, Danaher showed an EPS of $2.87, compared to $2.69 from the year-ago quarter. The current stock performance of Danaher shows a 52-week-high of $303.81 and a 52-week-low of $234.52. Moreover, at the end of the last trading period, the closing price was at $255.75. JMP Securities upgraded the previous rating for LegalZoom.com Inc (NASDAQ:LZ) from Market Perform to Market Outperform. In the fourth quarter, LegalZoom.com showed an EPS of $0.10, compared to $0.02 from the year-ago quarter. The current stock performance of LegalZoom.com shows a 52-week-high of $16.19 and a 52-week-low of $7.37. Moreover, at the end of the last trading period, the closing price was at $9.24. For BJ's Restaurants Inc (NASDAQ:BJRI), Wedbush upgraded the previous rating of Neutral to Outperform. BJ's Restaurants earned $0.17 in the fourth quarter, compared to $0.20 in the year-ago quarter. At the moment, the stock has a 52-week-high of $36.14 and a 52-week-low of $20.22. BJ's Restaurants closed at $27.70 at the end of the last trading period. BMO Capital upgraded the previous rating for Spectrum Brands Holdings Inc (NYSE:SPB) from Market Perform to Outperform. In the first quarter, Spectrum Brands Holdings showed an EPS of $0.32, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $93.00 and a 52-week-low of $38.96. At the end of the last trading period, Spectrum Brands Holdings closed at $68.76. For Comcast Corp (NASDAQ:CMCSA), Atlantic Equities upgraded the previous rating of Neutral to Overweight. For the fourth quarter, Comcast had an EPS of $0.82, compared to year-ago quarter EPS of $0.77. The current stock performance of Comcast shows a 52-week-high of $48.24 and a 52-week-low of $28.39. Moreover, at the end of the last trading period, the closing price was at $38.09. For Nabors Industries Ltd (NYSE:NBR), Morgan Stanley upgraded the previous rating of Underweight to Equal-Weight. For the fourth quarter, Nabors Industries had an EPS of $3.89, compared to year-ago quarter EPS of $14.60. The stock has a 52-week-high of $207.40 and a 52-week-low of $93.30. At the end of the last trading period, Nabors Industries closed at $118.00. For Chubb Ltd (NYSE:CB), Citigroup upgraded the previous rating of Neutral to Buy. In the fourth quarter, Chubb showed an EPS of $4.05, compared to $3.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $231.37 and a 52-week-low of $173.88. Chubb closed at $198.21 at the end of the last trading period. Citigroup upgraded the previous rating for Brown & Brown Inc (NYSE:BRO) from Neutral to Buy. For the fourth quarter, Brown & Brown had an EPS of $0.50, compared to year-ago quarter EPS of $0.42. The current stock performance of Brown & Brown shows a 52-week-high of $72.37 and a 52-week-low of $52.82. Moreover, at the end of the last trading period, the closing price was at $59.81. For Emerson Electric Co (NYSE:EMR), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the first quarter, Emerson Electric had an EPS of $0.78, compared to year-ago quarter EPS of $1.05. At the moment, the stock has a 52-week-high of $99.65 and a 52-week-low of $72.42. Emerson Electric closed at $86.58 at the end of the last trading period. Goldman Sachs upgraded the previous rating for PowerSchool Holdings Inc (NYSE:PWSC) from Neutral to Buy. In the fourth quarter, PowerSchool Holdings showed an EPS of $0.27, compared to $0.14 from the year-ago quarter. The current stock performance of PowerSchool Holdings shows a 52-week-high of $26.05 and a 52-week-low of $10.63. Moreover, at the end of the last trading period, the closing price was at $20.00. Goldman Sachs upgraded the previous rating for Tyler Technologies Inc (NYSE:TYL) from Neutral to Buy. For the fourth quarter, Tyler Technologies had an EPS of $1.66, compared to year-ago quarter EPS of $1.75. The stock has a 52-week-high of $424.89 and a 52-week-low of $281.32. At the end of the last trading period, Tyler Technologies closed at $362.60. HSBC upgraded the previous rating for NVIDIA Corp (NASDAQ:NVDA) from Reduce to Buy. NVIDIA earned $0.88 in the fourth quarter, compared to $1.32 in the year-ago quarter. At the moment, the stock has a 52-week-high of $280.00 and a 52-week-low of $108.14. NVIDIA closed at $270.02 at the end of the last trading period. Keybanc upgraded the previous rating for Sunrun Inc (NASDAQ:RUN) from Sector Weight to Overweight. For the fourth quarter, Sunrun had an EPS of $0.29, compared to year-ago quarter EPS of $0.19. The current stock performance of Sunrun shows a 52-week-high of $39.10 and a 52-week-low of $16.69. Moreover, at the end of the last trading period, the closing price was at $20.56. See all analyst ratings upgrades. Downgrades According to B of A Securities, the prior rating for Liberty Energy Inc (NYSE:LBRT) was changed from Buy to Neutral. In the fourth quarter, Liberty Energy showed an EPS of $0.82, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $20.05 and a 52-week-low of $10.72. Liberty Energy closed at $13.25 at the end of the last trading period. CIBC downgraded the previous rating for Algonquin Power & Utilities Corp (NYSE:AQN) from Outperformer to Neutral. Algonquin Power earned $0.22 in the fourth quarter, compared to $0.21 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.95 and a 52-week-low of $6.41. Algonquin Power closed at $8.50 at the end of the last trading period. According to Morgan Stanley, the prior rating for Liberty Energy Inc (NYSE:LBRT) was changed from Overweight to Equal-Weight. Liberty Energy earned $0.82 in the fourth quarter, compared to $0.31 in the year-ago quarter. The current stock performance of Liberty Energy shows a 52-week-high of $20.05 and a 52-week-low of $10.72. Moreover, at the end of the last trading period, the closing price was at $13.25. Evercore ISI Group downgraded the previous rating for BELLUS Health Inc (NASDAQ:BLU) from Outperform to In-Line. In the fourth quarter, BELLUS Health showed an EPS of $0.15, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $12.69 and a 52-week-low of $6.36. At the end of the last trading period, BELLUS Health closed at $7.26. B of A Securities downgraded the previous rating for Algonquin Power & Utilities Corp (NYSE:AQN) from Buy to Neutral. Algonquin Power earned $0.22 in the fourth quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $15.95 and a 52-week-low of $6.41. At the end of the last trading period, Algonquin Power closed at $8.50. Northland Capital Markets downgraded the previous rating for MP Materials Corp (NYSE:MP) from Outperform to Market Perform. For the fourth quarter, MP Materials had an EPS of $0.42, compared to year-ago quarter EPS of $0.31. At the moment, the stock has a 52-week-high of $51.75 and a 52-week-low of $23.50. MP Materials closed at $27.96 at the end of the last trading period. B of A ...Full story available on Benzinga.com

U.S. stocks turned lower midway through trading, with the Dow Jones dropping around 150 points on Thursday. The Dow traded down 0.47% to 32,889.30 while the NASDAQ fell 0.47% to 11,452.63. The S&P 500 also fell, dropping, 0.32% to 3,978.24. Check This Out: Wall Street's Most Accurate Analysts Say Hold These 3 Healthcare Stocks Delivering High-Dividend Yields   Leading and Lagging Sectors Energy shares rose around 0.7% on Thursday. Meanwhile, top gainers in the sector included Permian Resources Corporation (NYSE: PR), up 14%, and Obsidian Energy Ltd. (NYSE: OBE), up 10%. In trading on Thursday, communication services shares fell by 1.6%.   Top Headline US jobless claims dropped by 3,000 to 192,000 in the week ending Feb. 18, compared to market estimates of 200,000.   Equities Trading UP Ocean Biomedical, Inc. (NASDAQ: OCEA) shares shot up 230% to $15.87 after the company issued a press release celebrating the discovery of bispecific antibodies and immune checkpoint inibitors that kill glioblastoma cells and melanoma cells and block the metastasis of malignant melanoma cells to the lung by over 90%. Shares of NeoGenomics, Inc. (NASDAQ: NEO) got a boost, shooting 21% to $16.22 after reporting better-than-expected Q4 results. Vascular Biogenics Ltd. (NASDAQ: VBLT) shares were also up, gaining 75% to $0.2269 after the company ...

Upgrades According to Citigroup, the prior rating for Tricon Residential Inc (NYSE:TCN) was changed from Neutral to Buy. The current stock performance of Tricon Residential shows a 52-week-high of $17.23 and a 52-week-low of $9.33. Moreover, at the end of the last trading period, the closing price was at $10.14. Citigroup upgraded the previous rating for Kite Realty Group Trust (NYSE:KRG) from Neutral to Buy. For the second quarter, Kite Realty Gr Trust had an EPS of $0.49, compared to year-ago quarter EPS of $0.34. The stock has a 52-week-high of $23.35 and a 52-week-low of $16.68. At the end of the last trading period, Kite Realty Gr Trust closed at $18.99. Jefferies upgraded the previous rating for Heico Corp (NYSE:HEI) from Hold to Buy. For the third quarter, Heico had an EPS of $0.60, compared to year-ago quarter EPS of $0.56. The current stock performance of Heico shows a 52-week-high of $165.61 and a 52-week-low of $126.95. Moreover, at the end of the last trading period, the closing price was at $148.58. Citigroup upgraded the previous rating for Healthcare Realty Trust Inc (NYSE:HR) from Neutral to Buy. Healthcare Realty Trust earned $0.45 in the second quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Healthcare Realty Trust shows a 52-week-high of $32.38 and a 52-week-low of $22.45. Moreover, at the end of the last trading period, the closing price was at $23.11. According to Citigroup, the prior rating for Essex Property Trust Inc (NYSE:ESS) was changed from Neutral to Buy. Essex Property Trust earned $3.68 in the second quarter, compared to $3.04 in the year-ago quarter. The current stock performance of Essex Property Trust shows a 52-week-high of $363.36 and a 52-week-low of $250.62. Moreover, at the end of the last trading period, the closing price was at $261.06. For Acadia Realty Trust (NYSE:AKR), Citigroup upgraded the previous rating of Neutral to Buy. In the second quarter, Acadia Realty Trust showed an EPS of $0.32, compared to $0.31 from the year-ago quarter. At the moment, the stock has a 52-week-high of $22.64 and a 52-week-low of $14.80. Acadia Realty Trust closed at $15.33 at the end of the last trading period. According to BMO Capital, the prior rating for Obsidian Energy Ltd (AMEX:OBE) was changed from Underperform to Market Perform. For the fourth quarter, Obsidian Energy had an EPS of $5.66, compared to year-ago quarter EPS of $0.17. The current stock performance of Obsidian Energy shows a 52-week-high of $12.52 and a 52-week-low of $6.07. Moreover, at the end of the last trading period, the closing price was at $8.21. For Netflix Inc (NASDAQ:NFLX), Oppenheimer upgraded the previous rating of Perform to Outperform. For the second quarter, Netflix had an EPS of $3.20, compared to year-ago quarter EPS of $2.97. The current stock performance of Netflix shows a 52-week-high of $609.99 and a 52-week-low of $162.71. Moreover, at the end of the last trading period, the closing price was at $240.13. For Larimar Therapeutics Inc (NASDAQ:LRMR), William Blair upgraded the previous rating of Market Perform to Outperform. For the second quarter, Larimar Therapeutics had an EPS of $0.47, compared to year-ago quarter EPS of $0.79. The stock has a 52-week-high of $11.05 and a 52-week-low of $1.53. At the end of the last trading period, Larimar Therapeutics closed at $3.20. For Array Technologies Inc (NASDAQ:ARRY), Piper Sandler upgraded the previous rating of Neutral to Overweight. In the second quarter, Array Technologies showed an EPS of $0.09, compared to $0.07 from the year-ago quarter. At the moment, the stock has a 52-week-high of $24.00 and a 52-week-low of $5.45. Array Technologies closed at $17.82 at the end of the last trading period. According to Compass Point, the prior rating for Innovative Industrial Properties Inc (NYSE:IIPR) was changed from Neutral to Buy. In the second quarter, Innovative Ind Props showed an EPS of $2.14, compared to $1.64 from the year-ago quarter. The stock has a 52-week-high of $265.28 and a 52-week-low of $87.47. At the end of the last trading period, Innovative Ind Props closed at $91.46. According to BMO Capital, the prior rating for EQT Corp (NYSE:EQT) was changed from Market Perform to Outperform. EQT earned $0.83 in the second quarter, compared to $0.07 in the year-ago quarter. The current stock performance of EQT shows a 52-week-high of $51.97 and a 52-week-low of $19.20. Moreover, at the end of the last trading period, the closing price was at $46.06. Keybanc upgraded the previous rating for Toll Brothers Inc (NYSE:Full story available on Benzinga.com

The oil and gas sector surged following comments by Saudi Arabia, Russia limiting gas supplies to Europe, and China's stimulus measures.

U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones dropping over 100 points on Tuesday. The Dow traded down 0.35% to 32,946.74 while the NASDAQ rose 0.30% to 12,418.54. The S&P 500 also fell, dropping, 0.02% to 4,137.21. Also check this: Investor Optimism Decreases Further After U.S. Stocks Record Weekly Losses Leading and Lagging Sectors Energy shares rose by 3.4% on Tuesday. Meanwhile, top gainers in the sector included Obsidian Energy Ltd. (NYSE: OBE), up 11% and Borr Drilling Limited (NYSE: BORR) up 9%. In trading on Tuesday, health care shares dipped by 1.4%. Top Headline U.S. new home sales dropped 12.6% month-over-month to an annualised rate of 511,000 in July, recording the lowest reading since January 2016. Equities Trading UP Aerie Pharmaceuticals, Inc. (NASDAQ: AERI) shares shot up 36% to $15.12 after the company announced it will be acquired by Alcon for $15.25 per share, representing an equity value of approximately $770 million. Shares of Marin Software Incorporated (NASDAQ: MRIN) got a boost, shooting 24% to $0.6503 after the company announced the ability to optimize Snap Inc's (NYSE: SNAP) Snapchat ad campaigns through its ...