|Day Low/High||4.24 / 4.52|
|52 Wk Low/High||1.41 / 10.82|
Wall Street ends with modest gains with the Dow Jones Industrial Average leading the charge on strength in the financials sector.
That's not too common in the oil patch.
TheStreet's Jim Cramer said ConocoPhillips' COP move to sell part of its oil sands business to Cenovus Energy CVE is brilliant.
Its decision to sell a costly oil sands field shows it will focus on paying down debt.
Probably not. And stay away from Canadian oil companies.
Dan Dicker, Energy contributor for TheStreet, notes with Jim Cramer the recent turn of political pressure and activity against fossil fuels.
Crescent Point has been amassing acreage in the less developed Torquay region of Canada.
Real Money Contributor Dan Dicker says with U.S. oil stocks soaring and oil prices remaining high, Canadian oil stocks are starting to look like terrific value.