TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (17,520.97, up 122.95 points.)
Suncor Energy Inc. (TSX:SU). Energy. Up $1.63, or 7.64 per cent, to $22.97 on 27.3 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Up $1.44, or 4.69 per cent, to $32.15 on 17.7 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 54 cents, or 3.74 per cent, to $13.89 on 16 million shares.
BlackBerry Ltd. (TSX:BB). Technology. Up $1.27, or 13.23 per cent, to $10.87 on 12.4 million shares.
The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down four cents, or 12.12 per cent, to 29 cents on 11.3 million shares.
Hexo Corp. (TSX:HEXO). Health care. Down 13 cents, or 8.67 per cent, to $1.37 on 9.6 million shares.
Companies in the news:
Crescent Point Energy Corp. (TSX:CPG). Up 24 cents or 9.9 per cent to $2.67. Crescent Point Energy Corp. says it is cutting its capital spending budget for 2021 because of the ongoing volatility in oil prices. The Calgary-based company says it plans to spend between $475 million and $525 million next year, trimming $25 million from a preliminary budget it released with its third-quarter results report in late October. A year ago, the Saskatchewan-focused oil and gas producer budgeted $1.1 billion to $1.2 billion for 2020 capital spending, but that was reduced twice during the year and was pegged at about $665 million in September. Crescent Point says it expects annual average production of about 110,000 barrels of oil equivalent per day in 2021, down from average output of about 120,000 boepd this year.
Capital Power Corp. (TSX:CPX). Up $1.84 or 5.5 per cent to $35.44. An environmental think tank says Alberta will meet its goal to eliminate coal-fired electricity production years earlier than expected thanks to recent conversion announcements by utility companies. The Pembina Institute welcomed news from Capital Power Corp. of Edmonton on Thursday that it will spend nearly $1 billion to switch two coal-fired power units to gas at its Genesee generating facility west of the city as part of a plan to stop using coal entirely by 2023. Capital Power says direct carbon dioxide emissions at Genesee will be about 3.4 million tonnes per year lower than 2019 emission levels when the project is complete. In November, Calgary-based TransAlta Corp. said it will end operations at its Highvale thermal coal mine west of Edmonton by the end of 2021 as it switches to natural gas at all of its operated coal-fired plants in Canada four years earlier than previously planned.
This report by The Canadian Press was first published Dec. 4, 2020.
The Canadian Press